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Asta Managing Agency has been granted ‘in principle’ approval from Lloyd’s to establish and manage special purpose syndicate (SPS) 6126. 28 October 2015
Insurance
Rating agency Standard & Poor’s (S&P) recent revision of its Lloyd’s market outlook to stable from positive could be the first warning of more negative actions and downgrades for the wider reinsurance industry. 21 October 2014
Insurance
The legacy market is growing fast, but this could be just the beginning. New territories, new lines, and new solutions are fuelling growth as run-offs leave behind their reputation as a last resort. 8 June 2022
Insurance
As India opens its market to international reinsurers, the Insurance Regulatory and Development Authority of India (IRDAI) expects foreign reinsurers to secure final clearance to open branches soon and several to be operational within six to nine months. 20 December 2016
Insurance
The risk-transfer industry will continue to rapidly evolve driven by the pressures of technology – but one of the biggest challenges could be changing mindsets and culture. That will be one of the themes of a virtual webinar hosted by Intelligent Insurer, “Digital Evolution and Industry 4.0: Re/insurers must adapt or die”, which will take place on December 7. 30 November 2021
Insurance
The risk-transfer industry will continue to rapidly evolve driven by the pressures of technology – but some of the most exciting breakthroughs could come through the use of unstructured data. That will be one of the themes of a virtual webinar hosted by Intelligent Insurer, “Digital Evolution and Industry 4.0: Re/insurers must adapt or die”, which will take place on December 7. 30 November 2021
Insurance
The former CEO of AXA Africa Specialty Risks will replace Dolika Banda from March 2020. 10 February 2020
Insurance
The new cover is focused on medical devices, clinical trials, diagnostic and testing laboratories, with capacity up to £5m. 22 September 2020
Alternative Risk Transfer
Re/insurer AXA XL has revealed that Chris McKeown, the former CEO of New Ocean Capital Management, has stepped down from his role as vice chairman to pursue other interests outside the company. 2 April 2019
Insurance
Catlin says spot freight industry is a huge market where a significant volume is not insured or underinsured. 1 April 2020
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