22 March 2018

Search archive

GIC Re Lloyd’s Syndicate receives green light

21 December 2017

Ironshore's Pembroke Managing Agency has been granted "in principle" approval by the Lloyd's Franchise Board to create GIC Re's Syndicate at Lloyd's.

The announcement brings to an end several years of searching for the right entry route to the market for the Indian reinsurer, which is understood to have been in talks with possible acquisition targets in recent years, including Antares.

The reinsurer has previously participated at Lloyd's with the provision of £14.0mn ($18.2mn) of stamp capacity to the XL...

If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership

Share: This article was published as part of issue December 2017/2

Euromoney Trading Limited - 3rd Floor, 41 Eastcheap, London, EC3M 1DT, United Kingdom. The content of this website is copyright of Euromoney Trading Limited 2018. All rights reserved Euromoney Trading Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.