News
Insurance
Indian reinsurer GIC Re is preparing to launch an IPO. Chairman-cum-managing director Alice G Vaidyan explains the reasons behind it and the company’s plans for the months ahead to PCI Today. 15 October 2017
Insurance
The covered agreement signed between the US and the EU has the potential to free up billions trapped in onerous collateral requirements. But UK re/insurers must remember the deal will not cover them post-Brexit. Intelligent Insurer reports. 13 October 2017
Insurance
European run-off insurance company DARAG has appointed Tullio Ferrucci as CEO of DARAG Italia. 13 October 2017
Insurance
Bermuda-based XL Group said on Oct. 11 that it expects net losses of approximately $1.33 billion relating to Hurricanes Harvey, Irma and Maria, with total catastrophe losses including smaller loss events at approximately $1.48 billion in the third quarter. 12 October 2017
Insurance
Bermuda-based Arch Capital Group has made a number of senior management changes in its Worldwide Reinsurance Group. 12 October 2017
Insurance
Markel Corporation said on Oct. 11 that it expects to report third quarter pre-tax underwriting losses of $503 million, net of reinstatement premiums, from Hurricanes Harvey, Irma and Maria as well as the Mexico City earthquakes. 12 October 2017
News
Everest Reinsurance (Bermuda) has appointed new senior underwriters, Luke Armitage and Emma Gairdner, in its London team. 12 October 2017
Insurance
Risk Cooperative, a US-based specialist insurance and risk advisory firm, has received approval to operate as a coverholder at Lloyd’s for cyber insurance. 12 October 2017
Insurance
Barbican Insurance Group has appointed David Booth and Andy Caldwell to senior underwriting roles within the company. 12 October 2017
Insurance
AXIS Capital Holdings has made two appointments within the US Programs, property and casualty team of its AXIS Insurance business unit. 12 October 2017
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