News
Alternative Risk Transfer
Alice Vaidyan crashed through several glass ceilings when she became the first woman to run an Indian state-owned insurer or reinsurer earlier this year. Having dusted herself off, she dispels the idea that women are not treated fairly in India and explains to Intelligent Insurer her plans to make GIC Re a top 10 global player. 20 July 2016
Insurance
Maiden Holdings made a loss in the second quarter of 2017 on the back of the emergence of adverse loss development in both its key operating segments. As the reinsurer’s combined ratio soared, the company’s CEO moved to stress he believed the company had addressed the issue. 9 August 2017
News
Federated National Holding Company lowered its reinsurance spend in the second quarter of 2017; the decrease was mainly due to the expiration of a Florida-only property quota share but the company did buy additional excess-of-loss reinsurance. 8 August 2017
Insurance
Trade bodies have welcomed the news that the US intends to sign a covered agreement with the European Union noting that it provides certainty for reinsurers on both sides of the Atlantic. 17 July 2017
Insurance
Ironshore’s Pembroke Managing Agency has introduced its ‘Specie Consortium’, a venture supported by 21 Lloyd’s syndicates which offers up to $635 million in capacity for any one risk. 11 August 2016
Insurance
Bermuda-headquartered re/insurer Sirius International that specialises in accident and health (A&H) insurance has acquired International Medical Group (IMG), a provider of global medical insurance products and assistance services. 30 May 2017
Insurance
Willis Towers Watson (WTW) has filed a lawsuit against its former North America construction industry leader William Noonan claiming that he has breached contract by taking, using, or disclosing confidential Information when he took a job at Alliant and by soliciting key employees on behalf of Alliant 25 July 2018
Insurance
Allied World posted a net profit in the third quarter of 2016 after a loss in the same period a year ago. 1 November 2016
Insurance
ACE will acquire a 60.9 percent stake in Siam Commercial Samaggi Insurance, a general insurance company in Thailand, from Siam Commercial Bank. 13 January 2014
Insurance
ACE Group has appointed Ashwin Kapoor as terrorism and political violence underwriter. 19 May 2015
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