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It is targeting a top 10 reinsurance spot on a global basis but GIC Re understands that, especially in continental Europe, reinsurance is a long-term relationship-driven game. Lucky then that the Indian company is itself a long-haul player and will be patiently awaiting any opportunities, says Alice Vaidyan, chairman-cum-managing director of GIC Re. 23 October 2016
Insurance
Despite the soft market, Hannover Re has increased its growth targets for 2017 on the back of what it has described as a healthy pipeline of structured deals. Following a strategy its larger competitor Swiss Re promoted in 2016, Hannover Re is now also focusing on this segment. 3 February 2017
Insurance
As India opens its market to international reinsurers, major foreign players are applying for licences to take advantage of the country’s strong growth potential. But they will encounter a fairly soft market with prices likely to depreciate further due to the additional inflow of capacity, and a paramount state-run competitor, experts believe. 13 October 2016
Insurance
Broker Willis Towers Watson has strengthened its global FINEX business with several key leadership appointments. 20 April 2017
Insurance
Insurtech and its potential for re/insurers was the main theme of the annual Baden-Baden Intelligent Insurer Roundtable sponsored by S&P Global Ratings. Executives representing reinsurers, service providers, cedants and brokers debated a number of key issues at the event. 24 October 2017
Insurance
Deal volumes in mergers and acquisitions (M&A) are likely to be lower this year as merger activity takes a break because the industry is focusing on developing strategies and rebalancing portfolios in line with Solvency II rules. But there are many reasons to believe that activity is going to pick up again soon. 6 October 2016
Insurance
AmTrust Financial Services has entered into an agreement for a loss development cover with Premia Reinsurance, a subsidiary of Premia Holdings, the Bermuda start-up whose majority shareholders are Arch Capital Group and private equity firm Kelso & Company. 7 July 2017
Insurance
Some re/insurance executives yearn for the heady days of a hard market but most are more realistic, given the abundance of capital in the industry. The recent hurricanes have given the market an insight into just how rates might respond to big losses, as Intelligent Insurer reports. 25 September 2017
News
Flood Re, the UK Government’s scheme to pool flood risk, has successfully secured a £2.1 billion multi-year reinsurance programme. 3 February 2016
Insurance
Ahead of SIRC, four experts from Aon’s Reinsurance Solutions covering four different regions sat down to discuss where they anticipate growth, and how their clients are coping with digitisation, and regulatory developments. 30 October 2018
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