News

Insurance

Opportunities in Asia-Pacific for GIC Re

With India providing the bedrock for its operations in the region, GIC Re sees the wider Asia-Pacific region as the growth engine for the world economy and its own aims, Devesh Srivastava of GIC Re told SIRC Today.   29 October 2019

Insurance

Chaucer appoints China Re P&C exec Dr Zuo Huiqiang as new non exec

Specialty re/insurer Chaucer has appointed Dr Zuo Huiqiang, the deputy general manager of China Re P&C, as a non-executive director of Chaucer Syndicates, the group’s Lloyd’s managing agency.   20 March 2019

Insurance

Catalina acquires Arch Re US P&C book

Bermuda-based Catalina Holdings has, through its wholly-owned subsidiary Catalina General Insurance, assumed a portfolio of US property & casualty liabilities in runoff from Arch Reinsurance with net outstanding reserve of approximately $410 million.   24 April 2018

Insurance

MGA Nexus Asia expands business lines on offer and expects to be “largest MGA in the region” within two years, says CEO Egerton

Nexus Asia expects to be the largest managing general agency (MGA) in Asia by gross written premium, as well as commission income and earnings before interest, tax, depreciation and amortisation, in the next 12 months to two years.   29 October 2019

Insurance

Cyber insurance could be credit negative for insurers: Fitch

Cyber insurance brings opportunities for business growth and diversification for some insurers, but could be a credit negative for others given the potential to generate larger future losses, according to Fitch Ratings.   7 February 2018

Alternative Risk Transfer

Aon’s Schultz: no stopping cat bonds, missing out ‘negligent’

Cat bonds have long sported what reinsurers have sought most from the current hard market.   25 July 2023

Insurance

Insurtech Stubben Edge gains growth investment from Dowgate and Lloyd’s investors

The insurtech aims to ‘revolutionise’ insurance distribution, and ‘rebalance’ the financial industry.   31 January 2022

News

Nephila-backed MGA Volante secures $900m capacity treaty deal

Volante Global, a new Nephila-backed managing general agent (MGA) platform, has secured a $900 million gross premium, multi-class, multi-territory A+ capacity treaty agreement.   14 June 2018

Insurance

The Hartford adds to middle and large commercial unit

The company has appointed the head of central division for the middle and large commercial insurance business.   8 October 2020

Insurance

Leveraging a golden age for MGAs and carriers

To ensure carriers get their golden ticket for big MGA market opportunities, adopting certain tactics and mindsets certainly helps, says Jeff Lamb of Markel   21 December 2023

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