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GIC ‘disputes’ contract breach claims and $115m lawsuit filed by AM Re

India, North America07-03-2022Insurance News, Reinsurance News

Am Re Syndicate has sued the Indian reinsurer for breach of payment of no less than $115m.

AM Re sues GIC for $100m+ amid bitter row over US business

Global, India, North America10-02-2022Insurance News, Reinsurance News

The MGA is seeking a minimum of $115 million in damages.

Pan-African reinsurance group secures capacity in partnership with GIC and Peak Re

Africa15-02-2021Insurance News, Reinsurance News

The group confirms plans to increase its lines to include political violence and terrorism, liability, construction, and parametric covers.

Willis Towers Watson sells Miller Insurance to Cinven and GIC

Asia Pacific, Europe, London, South America, USA09-11-2020Insurance News, Reinsurance News

The specialist broker places c. £2bn worth of premiums annually through its operations in the UK, Lloyd’s and internationally.

Indian reinsurer GIC Re downgraded over poor balance sheet strength

Asia Pacific, India03-07-2020Insurance News, Reinsurance News

The downgrade 'creates a gap in the market that many will be eager to fill', says New Dawn Risk CEO.

GIC Re outlook changed to negative by AM Best over profit concerns

North America02-03-2020Insurance News, Reinsurance News

GIC is the largest reinsurer in India, with over a 75 percent market share.

GIC Re obtains reinsurance license for Russian subsidiary

India, Russia06-02-2020Insurance News, Reinsurance News

GIC Re also plans to service the former Soviet Union countries from its Moscow office.

Opportunities in Asia-Pacific for GIC Re

Asia Pacific, Singapore29-10-2019Insurance News, Reinsurance News

With India providing the bedrock for its operations in the region, GIC Re sees the wider Asia-Pacific region as the growth engine for the world economy and its own aims, Devesh Srivastava of GIC Re told SIRC Today.

Opportunities in North America

North America20-10-2019Insurance News, Reinsurance News

With India providing the bedrock for its operations in the region, GIC Re sees the wider Asia-Pacific region as the growth engine for both the world economy and its own aims, Devesh Srivastava of GIC Re told APCIA Today.

Opportunities in Latin America: Alice Vaidyan, GIC Re

Latin America09-09-2019Insurance News, Reinsurance News

The Latin American region is still not tapped to its full potential and is on the radar of GIC Re to expand its business, Alice Vaidyan, chairman-cum-managing director, GIC Re, told Fides Today.

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