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Insurance
KIRS Group, the holding company being created to combine Autonet, Chase Templeton, Direct Group, Price Forbes and Towergate, is launching a secured bond offering for an aggregate principal amount of £800 million, alongside committing to enter into a £90 million super senior revolving credit facility. 25 May 2017
Insurance
Lloyd’s of London has appointed Paolo Vagnone as strategy and change director, and promoted Hilary Weaver as chief risk officer. 15 November 2016
Insurance
QBE has launched an excess-of-loss product for aviation liabilities in the Middle East. Based out of Dubai, the product covers general aviation, airlines, ancillary aviation support services and aerospace products. 24 June 2013
Insurance
Enstar Group, an insurance group based in Bermuda, tripled its earnings in the third quarter of 2016, largely due to the contribution of its non-life run-off segment. 9 November 2016
Insurance
The performance of Maiden’s AmTrust Reinsurance segment deteriorated in the fourth quarter 2017 and full year, impacting Maiden’s financial performance. 28 February 2018
Insurance
Bermuda-based R&Q Investment Holdings, an underwriting management and legacy acquisitions specialist, expects full year 2018 profits to substantially exceed market expectations due to significant legacy acquisitions. 19 September 2018
Alternative Risk Transfer
The insurance-linked securities (ILS) market is largely in a good place but the market must accept that there is nothing ‘alternative’ about ILS any more—it’s here to stay, and a part of the furniture, Mark Hvidsten, deputy chairman at Willis Re, told PCI Today. 30 October 2018
News
Efforts by Sompo-owned Blue Capital Reinsurance Holdings to reduce volatility and improve the balance of its portfolio were scuppered by more heavy catastrophe losses in 2018 and further loss creep from events in 2017 as it posted another set of heavy losses. 31 January 2019
News
K Sanath Kumar, acting chairman and managing director, GIC Re, describes the Indian Government’s social insurance schemes and the country’s fast-growing economy. 13 September 2015
Insurance
A majority of Intelligent Insurer readers participating in a survey do not think that, in the Brexit negotiations, the UK’s new Prime Minister Theresa May will be able to secure the same level of access to the European market that UK re/insurers currently enjoy. 18 July 2016
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