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The Bank of England will hold insurers to close scrutiny in terms of the models they use to comply with regulations such as Solvency II, Mark Carney, the governor of the Bank of England, said in a speech this week. 26 September 2014
Insurance
Steve Redmond, the managing director of Antares, a member of the QIC Group, has said the company’s recent launch on the Lloyd’s Asia Platform in Singapore was partly a defensive move to ensure it still sees business now being underwritten in Singapore as opposed to London. 2 November 2015
Insurance
The Indian government is set to form a nuclear insurance pool, which will be administered by GIC Re. 3 February 2015
Insurance
Patria Re’s entry into the Lloyd’s Market, achieved via the launch of a special purpose syndicate (SPS) in partnership with the Ironshore-owned Pembroke Managing Agency, will allow the company to diversify and ultimately expand its presence in its home market of Latin America, Ingrid Carlou, chief executive of Patria Re, told PCI Today. 27 October 2015
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The lower margins made on reinsurance catastrophe business placed in Europe combined with less established risk models available to assess these risks means that buyers in Europe are less likely to be using alternative capital sources to place these risks, says Manfred Seitz, managing director of the international reinsurance division of Berkshire Hathaway. 20 October 2013
Insurance
Arthur J. Gallagher International has hired Vyvienne Wade, who suddenly left JLT recently, after more than 25 years as international commercial director. 17 July 2013
Insurance
Bermuda-based Endurance Specialty has posted a strong third quarter as it grew 15 percent, driven mainly by its insurance segment. 4 November 2014
Insurance
The professional liability lines market in the US remains a mixed bag and highly competitive but with opportunities and growth for specialist players launching relevant products. 1 September 2013
News
Challenges for reinsurers in Asia include changes in exposure, in perils, in terms and conditions and in regulations, according to John Tan, group chief executive for ACR Capital Holdings. 3 November 2014
News
Indian reinsurer GIC Re posted a solid set of results for the fiscal year 2014, as its profits and gross premiums jumped. 1 June 2015
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