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Indian reinsurer GIC Re will seek growth by extending its reach to the US and Latin American markets, while working on an initiative with the Indian government to create a natural catastrophe pool in India. 14 September 2015
News
K Sanath Kumar, acting chairman and managing director, GIC Re, describes the Indian Government’s social insurance schemes and the country’s fast-growing economy. 13 September 2015
Insurance
Folgate Insurance Company has returned to active underwriting a year after being acquired by APC Underwriting. 13 September 2015
News
New solvency regulations coming into force in many Latin American countries will drive appetite for reinsurance, but the challenges of soft rates, slow GDP growth and economic volatility remain, Ingrid Carlou, chief executive of Patria Re, told Monte Carlo Today. 13 September 2015
Insurance
Headline-grabbing mergers and acquisitions (M&A) in the reinsurance sector may do little in themselves to help firms cope with the harsh reality of falling prices and low investment returns, increasing the risk that acquisitions will not generate the value investors anticipate long term, Fitch Ratings has warned. 13 September 2015
News
More experienced alternative investors in the reinsurance space will not be put off by losses in the sector, but less experienced participants will disappear over time, believes Torsten Jeworrek, member of Munich Re’s Board of Management. 13 September 2015
Insurance
Mergers and acquisitions (M&A), capital markets, technology and the movement of property rates will be the biggest talking points at this year’s Rendez-Vous. 13 September 2015
News
The big talking points on the cocktail terraces of Monte Carlo this year will revolve around rumours as to which brokers might move firms and which companies may next merge or acquire each other, according to Tad Montross, chairman and chief executive of General Re Corporation. 13 September 2015
Insurance
Rating agencies pay close attention to reinsurers’ competitive positions and determine this, in part, by examining a company’s ability to lead business. Peter Hughes, director at Litmus Analysis, examines the implications of this logic. 13 September 2015
Insurance
UnipolSai Assicurazioni, the insurance arm of the Italian Unipol Group, has launched a reinsurer targeting property and casualty business in continental Europe. 11 September 2015
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