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GIC Re to set up a wholly owned subsidiary in UK

GIC Re to set up a wholly owned subsidiary in UK

by AIP Online Bureau | Feb 4, 2025 | Indian News, Non-Life, Reinsurance

GIC Re has also branch offices in London and Kuala Lumpur. In April 2018, syndicate fully capitalised by GIC Re became operational at Lloyd’s of London. GIC Re has 100% subsidiary in South Africa, Russia, United Kingdom and also associate companies in Bhutan,...
US investor Danny Gaekwad Developments & Investments seeks Sebi exemption for Religare takeover

US investor Danny Gaekwad Developments & Investments seeks Sebi exemption for Religare takeover

by AIP Online Bureau | Feb 4, 2025 | Health, Indian News, Regulation

In a regulatory filing, REL posted a letter written by Danny Gaekwad Developments & Investments addressed to SEBI Chairperson, requesting for grant of exemption from strict enforcement of Substantial Acquisition of Shares and Takeovers (SAST) Regulations New...

Lung cancer cases in never-smokers on the rise, air pollution could be driver: Lancet study

by AIP Online Bureau | Feb 4, 2025 | Data, Eco/Invest/Demography, Health

“Changes in smoking patterns and exposure to air pollution are among the main determinants of the changing risk profile of lung cancer incidence by subtype that we see today,” lead author Freddie Bray, head of the cancer surveillance branch at IARC, said....
GIC Re:Gross premium grows 14% to Rs 9,967cr, net profit rises 7% to Rs 1621cr in Q3FY25

GIC Re:Gross premium grows 14% to Rs 9,967cr, net profit rises 7% to Rs 1621cr in Q3FY25

by AIP Online Bureau | Feb 3, 2025 | Indian News, Life, Non-Life, Reinsurance

N Ramaswamy, CMD, GIC Re One of the outstanding features of GIC Re’s performance during the last quarter was its feat of improving its combined ratio significantly to 107.83 per cent in Q3FY 25 from 120.47 per cent in the year-ago period “We remain focused...

Miller to acquire AHJ Holdings

by AIP Online Bureau | Feb 3, 2025 | International News, Non-Life, Reinsurance

In addition to providing immediate scale and capability in treaty reinsurance, it will give Miller access to AHJ’s strong positioning in Nordic, Caribbean and North American Treaty business London: Miller, the independent specialist (re)insurance broker, has announced...
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