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The recent catastrophe losses have changed the market dynamics: rates will increase, benefiting a sector that S&P Global Ratings views as robustly capitalised overall, as David Masters of S&P Global Ratings explains to SIRC Today. 1 November 2017
Insurance
The Insurance Regulatory and Development Authority of India (IRDAI) has unveiled details on the rules that will govern branch offices formed by foreign reinsurers in the country. 8 April 2015
Insurance
While insurers in many Asian markets are enjoying solid growth, reinsurers are lagging behind in this regard as they also grapple with overcapacity putting downward pressure on rates—but some rate corrections are now expected after the heavy losses in North America, William Ho, head of reinsurance, Asia, MS Amlin, told SIRC Today. 31 October 2017
Insurance
Tokio Marine Kiln, the dual platform provider of specialist and corporate insurance, has appointed Nick Sinfield as its group head of claims. 8 April 2015
Alternative Risk Transfer
Mark Gibson has been appointed as director of alternative risk capital by Argo Group. 21 June 2012
Insurance
Xchanging, the business services and technology provider, has appointed Gilles Bonvarlet as non-executive director of Xchanging Insure Services (XIS). 3 March 2015
News
Broker Marsh has launched a UK terrorism facility as an alternative to state-backed Pool Re, the mutual reinsurer that provides terrorism cover for commercial property in the UK. 26 November 2014
Insurance
Equinox Global, the Lloyd’s cover holder specialising in trade credit insurance, has announced Joe McNamara as vice president – Credit and Political Risk, at Equinox Global in New York and Dagmar Böhning as underwriting manager, at Equinox Global in Hamburg, Germany. 20 August 2013
Insurance
A collaborative of insurance carriers, trade associations and industry partners have launched the first-ever Insurance Careers Month to be held during February 2016. 10 November 2015
Insurance
Compass Broker Services, the UK networks division of Arthur J Gallagher, has strengthened its motor division with two appointments. 27 January 2015
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