News
Insurance
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. 29 October 2019
Insurance
Markel is expanding and as a result is recruiting underwriters in Hong Kong, Mumbai, Shanghai and Singapore, following a strong performance in Asia in 2019. 29 October 2019
Insurance
Specialist insurer Beazley has appointed Matthew Westhoff as head of US large commercial property based in New York. 29 October 2019
Insurance
The re/insurance industry is watching developments in Capitol Hill this week, as US legislators revisit the Terrorism Risk Insurance Act (TRIA). 28 October 2019
Insurance
Reinsurers are likely to see further erosion in 2019, following another year of major catastrophe losses, according to ratings agency AM Best. 28 October 2019
Insurance
Nexus says it aims to become the biggest specialty managing General Agent (MGA) in Asia. 25 October 2019
Insurance
Global broking business Brokerslink has appointed Osama Abu Ghazaleh as its new Middle East regional manager. The region now has a dedicated representative committed to promoting the growth and development of its independent brokers located there. 25 October 2019
Insurance
American International Group (AIG) plans to launch a new syndicate at Lloyd’s serving the specialist U.S. high net worth market. 24 October 2019
Insurance
NewRe CEO Renate Strasser said she didn’t see any reason why rates would go down, in fact it is likely to be “rather the opposite”. 23 October 2019
Alternative Risk Transfer
As investments into China’s Belt and Road Initiative (BRI) increase, Kirill Savrassov, CEO of Phoenix CRetro Reinsurance Company, told Baden-Baden Today that it represents big opportunities and challenges for the reinsurance industry, especially from a cat perspective. 23 October 2019
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