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Insurance
The UK’s Chancellor Philip Hammond has agreed to a consultation on the framework for setting future personal injury (Ogden) rates after a severe rate reduction alarmed the industry. 1 March 2017
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 Baden-Baden Today. 23 October 2017
Insurance
AM Best has assigned a financial strength rating of A+ (Superior) to property/casualty firm WR Berkley Europe. The outlook of the rating is stable. 3 November 2015
Insurance
Reinsurance rates in the Latin American region are sometimes lower than those in Europe, making it difficult for Sompo to justify the deployment of capital to the region. 15 November 2017
Insurance
David Roberts, event director at GovNet, organiser of the 16 November Cyber Security Summit and Expo, and co-located GDPR Conference in London previews the event. 14 November 2017
Insurance
While China and India promise great growth potential, profitable business for reinsurers is hard to come by—the key is to offer cedants added value and additional services, Jean-Paul Conoscente, CEO of SCOR’s P&C reinsurance business unit globally, told SIRC Today. 29 October 2018
Insurance
Barbican has bucked many trends and proved the doubters wrong since its ‘brutal’ 2007 launch. But going against the grain is second nature to David Reeves, its chief executive, who is comfortable doing things his way, away from the pack. Intelligent Insurer reports. 6 September 2017
News
Cyber insurance is a rapidly growing market for insurers as more corporates realise the very real risks they face. But there is also growing frustration that insurers are not structuring coverages in a helpful way, and the buying process remains unwieldy, as Intelligent Insurer discovers. 23 March 2018
Insurance
Ascent Underwriting, a Managing General Agent (MGA) specialising in emerging risks, has launched a medical billings errors and omissions insurance product specifically aimed at US healthcare professionals. 12 December 2013
Insurance
If the London Market is to enjoy overseas growth post-Brexit, its regulator will need to adopt a new approach, Peter Allen, partner in the insurance division at accountancy and consultancy firm Moore Stephens, told SIRC Today. 31 October 2017
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