The Lloyd's Franchise Board has granted approval of General Insurance Corporation of India’s (GIC Re) application to create a new Syndicate at Lloyd's.
GIC Re has partnered with Ironshore's Pembroke Managing Agency (Pembroke) to establish and manage the Syndicate. Pembroke, a Liberty Mutual company, is a specialist provider of Lloyd's managing agency services to third parties and has a proven track record of guiding new entrants through the Lloyd's approval process. The combination of Pembroke's specialty lines underwriting capability and GIC Re's regional expertise will create mutually beneficial development opportunities for GIC Re, Pembroke and other participants In the Lloyd's market.
General Insurance Corporation of India provides reinsurance across many key business lines including fire (property), marine, motor, engineering, agriculture, aviation/space, health, liability, credit and financial and life insurance.
Company Name | CMP |
---|---|
ICICI Prudential | 565.25 |
Star Health and Allied | 559.25 |
Life Insurance Corp | 988.05 |
HDFC Life Insurance | 587.80 |
New India Assurance | 244.20 |
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