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Specialist insurer Markel International has been granted a licence by the Insurance Regulatory and Development Authority of India (IRDAI) to write reinsurance business in the country. 11 June 2018
Insurance
‘Increasingly the industry is willing to take on liquidity risk in pursuit of higher yields.’ 26 November 2019
Insurance
Re/insurance broker Willis Group has launched the UK’s first Shariah compliant commercial real estate insurance. 10 June 2014
Insurance
Bermuda-based Qatar Reinsurance Company (Qatar Re), a subsidiary of Qatar Insurance Company (QIC), has ceased writing new and renewal business from its branch office in Singapore from July 20. 23 July 2018
Insurance
A series of new satellites to be launched by the European Space Agency will provide the insurance industry with new and unique data that will be invaluable to insurers underwriting certain types of risks including some energy and marine business. 13 December 2012
Insurance
Bermuda-based Enstar Group has entered into an agreement to sell its subsidiary Pavonia Holdings for $120 million to an undisclosed affiliate of Global Bankers Insurance Group, the re/insurance group of companies of Eli Global. 20 February 2017
News
Insurers are missing out on the chance of generating a return on their investment in preparing for Solvency II, according to a new report by Towers Watson. 23 May 2012
Insurance
Berkshire Hathaway Specialty Insurance (BHSI) has opened a new office in Perth to further expand its presence in Australia while appointing new property and casualty lines leaders. 26 March 2018
Insurance
Following an in-depth business and financial review, S&P Global Ratings believes Marsh&McLennan (MMC) will likely be committed to and able to de-lever back to a range appropriate for the firm’s current rating despite a very significant increase in debt to fund its acquisition of insurance broker JLT. 8 October 2018
Alternative Risk Transfer
Artex, an alternative risk management subsidiary of Arthur J Gallagher, has hired Peter Mullen to re-join the company after seven years as CEO-elect. 26 March 2018
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