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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 board of directors of insurance firm Unum Group has authorised the repurchase of up to $750 million of the company’s outstanding common stock through November 26 2017. 27 May 2016
News
Capita Insurance Services announces the appointment of Sue Perry as risk manager in its Managing General Agent (MGA) investment business. 15 May 2013
Insurance
Non-life insurance-linked securities (ILS) issuance reached a record breaking $6.3 billion in Q2 2017, continuing the trend from the first quarter of the year. ILS assets under management (AUM) also continue to grow alongside fierce competition from investors. 1 August 2017
Insurance
Broker Towergate has appointed to new non-executive directors to its board including one from the US private equity firm that recently invested in the company. 22 November 2016
Insurance
Growth in the reinsurance segment of Markel so far this year has been driven by new business in its mortgage product line and large quota share reinsurance treaties but tough market conditions make further growth this year unlikely, Richard Whitt III, co-chief executive officer of Markel Corporation, said in a conference call next week covering the company’s second quarter results. 12 August 2016
Insurance
The current soft market creates a window of opportunity for underwriters keen to take control of their own destiny by setting up a managing general agent (MGA). That is the view of John Holm, executive director, MGA Investments for international business process outsourcing and professional services company Capita. 22 October 2014
Insurance
Stephen Catlin, the executive deputy chairman of XL Group, is retiring from the company at the end of 2017, the Bermuda-based re/insurer announced in a statement. 5 April 2017
Alternative Risk Transfer
Christchurch City Council is considering insurance-linked securities (ILS) to increase its insurance cover for underground assets such as water and waste pipes. 8 July 2019
News
There is a continuing trend for negative credit condition in the global reinsurance sector, according to a new report from Standard & Poor's Ratings Services (S&P). 10 September 2015
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