News
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
A magnitude 6.7 earthquake struck the Eastern Mediterranean at 22:31 UTC on July 20, 2017, impacting the Greek island of Kos and the Turkish city of Bodrum, along with numerous coastal towns in Turkey. 24 July 2017
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
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
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
News
General Reinsurance Corporation, along with its core property/casualty and life reinsurance/insurance subsidiaries, has had its financial strength rating (FSR) of A++ (Superior) and issuer credit ratings (ICR) of "aa+" affirmed by AM Best. 18 June 2012
Insurance
Five years after its formation, Ryan Specialty Group started RSG Underwriting Managers Europe (RSGUM Europe) in London. Peter McKenna, managing director with oversight for RSGUM’s strategy in Europe describes to Intelligent Insurer the progress so far and his plans for the future. 20 April 2016
Insurance
Aon has appointed Michael Wolf as vice president and chief counsel – corporate. He will provide legal counsel on corporate and transactional matters. He will also be responsible for the management of all corporate transactions on a global basis. He will report to Peter Lieb, executive vice president and General Counsel of Aon. 21 January 2014
Reinsurance
COVID-19 has presented companies with a myriad of unprecedented challenges—and now they also face a hard market. Against a backdrop of rapid change, including intense consolidation between brokers, AXA XL is intent on getting to know its clients, and brokers, better than ever, explains Bob Peretti, the chief distribution officer at AXA XL Americas. 27 October 2020
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