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GIC Re appoints female chairman
GIC Re has named Alice Vaidyan as chairman and managing director, making her the first woman to be appointed to a chairman position in the Indian insurance industry.
Catrin Shi
,
25 January 2016
AM Best maintains Zurich ratings
AM Best has maintained Zurich's financial strength rating at A+ (superior) and its issuer credit rating at aa- despite a second successive quarterly profit warning from the carrier.
Charlie Thomas
,
25 January 2016
Winter Storm Jonas to top $1bn in damage
The biggest winter storm to hit the US east coast in decades is predicted to cause at least $1bn in damage, according to the National Weather Service
Charlie Thomas
,
25 January 2016
UK and US weather events dent Catco returns
The Catco Reinsurance Opportunities Fund delivered an 11.58 percent gain for 2015 after UK flooding and US tornadoes impacted returns by 1.75 percent.
Fiona Robertson
,
25 January 2016
KBW: AIG mortgage insurance unit sale ‘close to useless’
The spin-off of American International Group (AIG)'s $5bn+ mortgage insurance business would be "close to useless", according to Keefe, Bruyette & Woods (KBW) analyst Meyer Shields
Adam McNestrie
,
25 January 2016
Laing made Aon Benfield Fac CEO
Andrew Laing has been appointed CEO of Aon Benfield Fac, filling a role left vacant since Paul Summers resigned last June, sister title Inside FAC revealed yesterday (21 January)
Gavin Bradshaw
,
22 January 2016
Helios acquires Devon Underwriting
AIM-listed Lloyd's private capacity provider Helios Underwriting has acquired Devon Underwriting, a limited liability member of Lloyd's, for £1.1mn, it announced today (22 January).
Charlie Thomas
,
22 January 2016
AOB water claims driving up FL homeowners' rates: Citizens
A surge of non-cat water loss claims is driving homeowners' insurance rates up in South Florida and increasingly across the state, according to analysis by Citizens Property Insurance Corporation.
22 January 2016
Cossetti to head up LIU’s US casualty team
Liberty International Underwriters (LIU) has appointed Diana Cossetti as head of its US casualty division, as the carrier looks to strengthen its management team after a string of senior defections to rival Aspen.
Dan Ascher
,
21 January 2016
Cyber specialist in Indian tie-up
UK-based cyber security specialist Templar Executives Ltd has unveiled a partnership with Cyber Security Integrators (India) Pvt Ltd to provide online and specialised cyber security training and advisory services to Indian corporations and government agencies
21 January 2016
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