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

10-02-2022

AM Re Syndicate, the US-based managing general agent (MGA) that writes primary programme business on a reinsurance basis, is suing General Insurance Corporation of India (GIC Re) for allegedly breaking two binding authority agreements and working with cedants AM Re had sourced and serviced for several years directly.

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AM Re Syndicate, General Insurance Coporation of India (GIC Re), Lawsuit, Legal, MGA, Insurance, Reinsurance, Shevawn Barder, North America, India

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