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Pembroke Managing Agency Gets Nod to Manage Lloyd’s Syndicate for India’s GIC Re
Mar 21 2018 // Pembroke Managing Agency Ltd., the London-based subsidiary of Ironshore, has been granted approval by Lloyd’s to establish and manage a syndicate for India’s GIC Re. GIC Syndicate 1947 has been granted...
Ironshore’s Pembroke Agency & GIC Re Get Nod from Lloyd’s to Form Syndicate
Dec 21 2017 // Ironshore Inc. announced that its 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...
India’s GIC Re Shares Drop on Market Debut After Raising $1.7B in IPO
Oct 25 2017 // State-run General Insurance Corp. of India (GIC Re) slumped as much as 14.5 percent on market debut on Wednesday after raising 111.76 billion rupees ($1.72 billion) in the country’s biggest initial public offering in...
India Government Raises $1.5B Selling Shares in Reinsurer GIC Re
Oct 13 2017 // The Indian government raised about 98 billion rupees ($1.5 billion) on Friday by selling some of its shares in General Insurance Corp of India (GIC Re), the nation’s top reinsurer, in the country’s biggest...
Vaidyan Appointed to Lead GIC Re as India’s 1st Insurer Chairwoman
Jan 25 2016 // Alice Vaidyan has been appointed as chair and managing director of General Insurance Corp. of India (GIC Re), the national reinsurer. She is the first woman to be appointed as chair in the history of Indian insurance...
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