
Descartes Underwriting, a global provider of parametric insurance solutions, and OAK Global, a specialist risk and underwriting partner, have announced that Descartes has been granted Coverholder status at Lloyd’s, the world’s oldest insurance and reinsurance marketplace. Under a newly established binding authority agreement, Descartes Underwriting will write business through OAK Global’s Syndicate 2843, creating a […] The post Descartes Underwriting secures Lloyd’s coverholder status through agreement with OAK Global appeared first on ReinsuranceNe.ws.
Global specialty re/insurance broker Consilium has announced the appointment of Olivia Bellingham as Partner within its International Casualty Risk Solutions team. Bellingham, who has 12 years of market experience, is joining the company from BMS, where she most recently served as International Life Sciences and Casualty Insurance Broker. Prior to her 4-year tenure at BMS, […] The post BMS’ Bellingham joins Consilium International Casualty Risk Solutions team appeared first on ReinsuranceNe.ws.
The Indian government is looking to sell up to 87,720,000 equity shares of Indian public sector reinsurer, General Insurance Corporation of India (GIC Re), to investors on June 16th and June 17th, 2026, collectively representing 5% of the total issued and paid up equity share capital of the reinsurer. The floor price for the offer […] The post Indian government to sell 5% stake in GIC Re appeared first on ReinsuranceNe.ws.
CRC Group, an independent wholesale specialty insurance distributor, has appointed Bill Goldstein as the Head of Strategic Partnerships, Capacity and Capital Solutions, to lead its newly created Risk Solutions Division. Goldstein will manage the firm’s newest initiative to develop proprietary capacity, capital partnerships, and alternative risk vehicles. He will also lead the new division focused […] The post Bill Goldstein to lead CRC Group’s new Risk Solutions Division appeared first on ReinsuranceNe.ws.