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Insurance
ACE will acquire a 60.9 percent stake in Siam Commercial Samaggi Insurance, a general insurance company in Thailand, from Siam Commercial Bank. 13 January 2014
Insurance
Ironshore’s Pembroke Managing Agency has launched a project cargo consortium to serve the Lloyd’s China platform, offering a capacity of up to $178 million. 26 July 2017
Insurance
Maiden Holdings made a loss in the second quarter of 2017 on the back of the emergence of adverse loss development in both its key operating segments. As the reinsurer’s combined ratio soared, the company’s CEO moved to stress he believed the company had addressed the issue. 9 August 2017
Insurance
RMS has released Exposure Manager, its new exposure analytics solution designed to enable insurance and reinsurance companies to maximise value from their exposure data. 12 September 2016
News
Federated National Holding Company lowered its reinsurance spend in the second quarter of 2017; the decrease was mainly due to the expiration of a Florida-only property quota share but the company did buy additional excess-of-loss reinsurance. 8 August 2017
Insurance
The key to unlocking Asia-Pacific is product expertise that responds to clients’ needs—as opposed to targeting growth in a specific region, says Stuart Beatty of RKH Specialty Asia. 30 October 2018
Insurance
A magnitude 6.7 earthquake struck the Eastern Mediterranean at 22:31 UTC on July 20, 2017, impacting the Greek island of Kos and the Turkish city of Bodrum, along with numerous coastal towns in Turkey. 24 July 2017
Insurance
Ironshore’s Pembroke Managing Agency has introduced its ‘Specie Consortium’, a venture supported by 21 Lloyd’s syndicates which offers up to $635 million in capacity for any one risk. 11 August 2016
Insurance
Trade bodies have welcomed the news that the US intends to sign a covered agreement with the European Union noting that it provides certainty for reinsurers on both sides of the Atlantic. 17 July 2017
Alternative Risk Transfer
S&P has predicted “stable to gradually increasing activity” in the European property casualty run-off market in a report. 15 April 2019
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