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Insurance
Texas-based Insurors Indemnity Companies, which specialises in surety and commercial property/casualty insurance for midsize and smaller businesses, has appointed a new chief executive. 4 March 2015
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
Global insurance mergers and acquisitions (M&A) transaction activity dropped in 2016 across all sectors, according to a study by Conning. 17 May 2017
News
Reinsurers are facing another year of softening rates and little in the way of good news, as a trend that started in the catastrophe space post-2007 and in the non-catastrophe space post-2004, persists. 10 September 2013
Insurance
Bermuda-based Arch Capital has appointed Marc Grandisson as president and chief operating officer. He will take up the role on January 1, 2016. 12 November 2015
News
Reinsurers must demonstrate smart thinking, a large balance sheet and the ability to provide clients with innovative products if they are to survive the ongoing dynamics within the market. 28 October 2014
Insurance
Lloyd’s of London is set to establish a branch in Mumbai in 2017 after receiving approval from the Indian regulator, Insurance Regulatory and Development Authority of India (IRDAI), allowing it to provide onshore reinsurance service in India. 7 November 2016
Insurance
American International Group (AIG) CEO Brian Duperreault makes his first major move to reshape AIG and position it for profitable growth. 22 January 2018
Insurance
The competitive landscape for reinsurance in China and India are changing significantly through the introduction of a new regulatory regime and the liberalisation of the market, said S&P Global Ratings. 24 November 2016
Insurance
American International Group’s (AIG) US casualty business resulted in a $3 billion loss in the fourth quarter of 2016 and in the resignation of CEO Peter Hancock. 9 March 2017
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