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Insurance
Lloyd’s, the world’s specialist insurance and reinsurance market, intends to apply for a reinsurance branch based in Mumbai following the Insurance Regulatory and Development Authority of India’s (IRDAI) publication of the regulations governing the Lloyd’s market earlier this week. 1 April 2016
News
Maiden Reinsurance North America, a wholly-owned subsidiary of holding company Maiden Holdings, has launched a new equipment breakdown reinsurance offering. 31 March 2016
Insurance
Reinsurers’ profits in 2017 are expected to diminish as a result of both softening premiums and lower investments returns, according to Fitch Ratings, which has placed a negative outlook for the sector as a result. 7 September 2016
Insurance
Property Claim Services (PCS), a Verisk Analytics business, has launched its historical database of industry-wide catastrophe loss estimates for Turkey. 18 August 2016
Insurance
US insurer Travelers has appointed Jacqueline Hall-Shaw as product manager for its financial institutions (FI) team. 6 January 2015
Insurance
UnipolRe, the reinsurer formed in Dublin a year ago by Italian insurer UnipolSai Assicurazioni, the insurance arm of the Italian Unipol Group, is targeting the Turkish market as its first step into the markets of central and eastern Europe, Marco Sordoni, the chief executive of UnipolRe, told Baden-Baden Today. 25 October 2016
Insurance
Aviation renewals in November has shown a tightening of underwriting discipline, suggesting a change in soft market conditions. 12 December 2016
Insurance
Accredited Surety and Casualty (ASC), a property/casualty insurer a subsidiary of Randall & Quilter (R&Q), has entered the surety market in the US thanks to a new underwriting agreement. 15 July 2016
Insurance
The implementation of Solvency II has accelerated the trend of insurers focusing on reinsurance as a capital management tool and many are keen to form deeper relationships with certain reinsurers with this in mind, Jay Nichols, the chief executive of AXIS Re, told Baden-Baden Today. 23 October 2016
Insurance
Dual, the underwriting arm of the Hyperion Insurance Group, has appointed Heiner Eickhoff as chairman of its European hub. 28 April 2015
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