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Steve Redmond, the managing director of Antares, a member of the QIC Group, has said the company’s recent launch on the Lloyd’s Asia Platform in Singapore was partly a defensive move to ensure it still sees business now being underwritten in Singapore as opposed to London. 2 November 2015
News
John Tan, group chief executive of ACR Capital Holdings, has retired from his executive positions in the company due to medical advice. 2 November 2015
Insurance
Plum Underwriting, the household insurance managing general agent (MGA), which is part of the Global Risk Partners (GRP) group, has made a number of appointments, expanding its underwriting, electronic trading and claims capabilities. 2 November 2015
Insurance
Brit has appointed Nick Pozzebon to lead its existing Chicago-based US property facultative team for Brit Global Specialty, USA. 2 November 2015
Insurance
The oversupply of capacity and the resulting challenges it causes is more pronounced in Asia than other parts of the world because of the concerted effort made by many market practitioners to capitalise on the region’s economic strength, Andy Caldwell, deputy active underwriter Syndicate 1955, Barbican Insurance Group, told SIRC Today. 1 November 2015
News
Despite strong economic headwinds and increased financial market volatility, the protection gaps that exist across Asia represent a significant opportunity for reinsurers that cannot be ignored, Moses Ojeisekhoba, chief executive officer of Reinsurance Asia, Swiss Re Asia, told SIRC Today. 1 November 2015
Insurance
As some of China’s re/insurers find their feet and settle on a reinsurance strategy Shanghai could develop as another reinsurance hub in Asia over the next few years, just as Singapore has, Moungmo Lee, managing director, analytics, AM Best, told SIRC Today. 1 November 2015
Insurance
Climate change is real and has catastrophic implications if not managed and prepared for. The re/insurance industry must collaborate with all other parties to get a grip on the consequences of global warming, says K Sanath Kumar, acting chairman-cum-managing director, GIC Re. 30 October 2015
Insurance
UK Insurance broker Jelf has announced that its shareholders have approved the acquisition of the firm by Marsh and McLennan Companies (MMC). 30 October 2015
Insurance
From a general liability perspective, Marketform has seen some good business flows from Mexico and Peru and is starting to see more opportunities from countries such as Ecuador, Uruguay and Argentina, says Rupert Taylor, head of general liability and multi-line product development for Marketform. 29 October 2015
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