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Insurance
India’s state reinsurer GIC Re which is planning to float on the stock exchange wants to grow the reinsurance business outside India to reach around 50 percent of its total gross premiums from currently 30.53 percent. 10 August 2017
Insurance
Re/insurer Allied World has expanded its casualty team within its global markets division with the appointments of James Emerton as vice president and Martin Fisher as assistant vice president. 4 September 2015
Insurance
Policymakers need to take action to make the framework more reflective of reality, according to Insurance Europe. 1 February 2017
Insurance
ACE has appointed Captain Sivakumaran Divakaran as its new marine risk manager for Asia Pacific. 6 October 2015
Insurance
Pricing is the biggest threat to reinsurers’ profitability as combined ratios suggest that the industry is getting close to reporting underwriting losses, according to Fitch Ratings. 27 January 2017
News
“The trend of multinational ingress into the region seems to be waning, with some big insurance companies having sold, or being in the process of selling, their operations, due to less than satisfactory performance.” This is the opinion of James Grieve, senior vice president at SCOR Reinsurance, speaking to Intelligent Insurer. 15 November 2017
Insurance
The year 2017 has been marked by an unusually strong hurricane season in the US but also a number of significant regulatory changes such as the Ogden discount in the UK with significant consequences for the motor re/insurance industry. Intelligent Insurer asked re/insurance executives what the most important moments/developments were in the re/insurance industry in 2017. 22 December 2017
Insurance
Insurers are struggling under the weight of the ever-evolving regulatory landscape, according to Karen Sinden, head of business development at insurtech startup CoVi Analytics. 2 October 2017
Insurance
Germany-based legal expenses insurance provider ARAG has criticized the Association of British Insurers (ABI) for the way it responded to the UK’s personal injury discount (Ogden) rate decision. 10 March 2017
Insurance
Catastrophe insurance data provider PERILS has updated its ‘Wind-Jeannie’ website, which provides live forecasts of insurance industry losses from European windstorms, with more up-to-date loss forecasts based on recent windstorm events. 24 October 2016
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