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Indian reinsurer GIC Re is preparing to launch an IPO. Chairman-cum-managing director Alice G Vaidyan explains the reasons behind it and the company’s plans for the months ahead to PCI Today. 15 October 2017
Alternative Risk Transfer
The insurance-linked securities (ILS) market grew to $75 billion in 2016, up from $70 billion in the previous year, according to the latest ILS market update from Willis Capital Markets and Advisory. 26 January 2017
Insurance
Specialist insurer Ecclesiastical posted a solid set of results for 2014, as it benefitted from strong underwriting profit. 25 March 2015
Insurance
The US National Flood Insurance Program (NFIP) is in need of a significant overhaul which should include an expanded coverage, updated flood maps and higher rates, according to experts speaking to Intelligent Insurer. 29 September 2017
Insurance
Markel Global Insurance, a division of Markel Corporation, has strengthened its excess liability team in New York with the addition of Alan Rodrigues. 4 December 2015
News
Capita Insurance Services announces the appointment of Sue Perry as risk manager in its Managing General Agent (MGA) investment business. 15 May 2013
Insurance
While underlying economic conditions affect the marine market in certain Asian territories, players in the region are also seeing evidence of a decline in ship-building activity, Simon Saunders, division head, marine, aviation and transport for Barbican Insurance Group, told EAIC Today. 10 October 2016
Insurance
The board of directors of insurance firm Unum Group has authorised the repurchase of up to $750 million of the company’s outstanding common stock through November 26 2017. 27 May 2016
Insurance
Insurance Europe slams European Commission for ignoring advice on European Services e-card proposals
Insurance Europe, the European insurance and reinsurance federation, has accused the European Commission of working from incorrect assumptions and ignoring the advice of Insurance Europe in its legislative proposal for a European Services e-card. 13 January 2017
Insurance
The current soft market creates a window of opportunity for underwriters keen to take control of their own destiny by setting up a managing general agent (MGA). That is the view of John Holm, executive director, MGA Investments for international business process outsourcing and professional services company Capita. 22 October 2014
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