Reinsurance News
Antares
Antares promotes Eddie Hughes to Head of Reinsurance
12th January 2023
QIC subsidiary Antares Managing Agency has announced the promotion of Eddie Hughes to Head of Reinsurance for Antares at Lloyd’s, effective immediately. Hughes brings more than 17 years of experience to the role, which spans across Antares Managing Agency Ltd and Antares Syndicate 1274. He previously served as class underwriter, marine and ... Read the full article
AM Best downgrades QIC and Antares Re credit ratings
16th December 2022
AM Best has downgraded the credit ratings of Qatar Insurance Company Q.S.P.C. (QIC) , and its subsidiary Antares Re. The outlook of these ratings has been revised to stable from negative. The rating agency said it was switching the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term ... Read the full article
Antares Global Management Bermuda approved as Lloyd’s coverholder
15th November 2022
Antares Global Management (AGML Bermuda) has received approval from Lloyd’s to operate as a Lloyd’s in-house coverholder. This will enable AGML Bermuda to write Lloyd’s business on behalf of Antares Syndicate 1274 from Bermuda, in addition to the managing agent’s operations in Singapore, Antares Underwriting Asia Pte Limited. Michael van der Straaten, ... Read the full article
Antares receives Lloyd’s approval for 16% stamp increase in 2023
26th October 2022
QIC subsidiary Antares Managing Agency has announced that Antares Syndicate 1274’s 2023 business plan has received formal approval from the Lloyd’s Capital and Planning Group. Syndicate 1274’s Syndicate Business Forecast includes a 16% increase in stamp capacity for 2023 from £310mn to £360mn. The increase reflects the current market environment, says Antares, ... Read the full article
QIC Global to align core companies under Antares name
30th September 2022
Specialty re/insurer QIC Global, the subsidiary of Qatar Insurance Group, has announced its intention to align its core companies under the Antares name, creating a single identity to unify the brand across respective entities. According to the announcement, the Antares brand - the name of QIC Global’s London and Asia-based Lloyd’s ... Read the full article
Antares tops JP Morgan’s Lloyd’s Peer Analysis for investment performance
28th September 2022
QIC Group subsidiary Antares has announced that Antares Syndicate 1274 has been ranked first for investment performance based on three-year average investment return over the period from FY 2019 to 2021 according to JP Morgan Asset Management’s Lloyd’s Peer Analysis. According to the firm, it achieved an average annual investment return ... Read the full article
Antares places Lloyd’s China operation into run-off
3rd February 2021
Antares, the Lloyd’s specialist re/insurance subsidiary of QIC Global, has placed Syndicate 1274’s Lloyd’s China operation into run-off. Antares will cease accepting new/renewal business through the Lloyd’s China platform from March 1. Moving forward, Chinese business will be written out of Antares Singapore. Existing policies will continue to provide cover on existing terms ... Read the full article
QIC announces Antares executive team hires
19th November 2020
Specialty re/insurer QIC Global, the subsidiary of Qatar Insurance Group has appointed Mark Graham Chief Executive Officer of Antares Managing Agency. Before joining Antares, Graham chaired the Solvency II Committee for the Lloyd’s Market Association and headed his own London market-based company, Acuitas Consulting, which provided strategic and operational advice to ... Read the full article
QIC Global promotes Alexander Craggs to CEO at Antares
8th July 2020
QIC Global, the international specialty re/insurance arm of Qatar Insurance Group, has named Alexander Craggs as acting Chief Executive Officer (CEO) and Jim Lye as Active Underwriter, respectively, at Antares Syndicate 1274, effective July 7th, 2020. In their new roles, Craggs will report to Michael van der Straaten, Chief Executive Officer ... Read the full article
Singapore announces intellectual property insurance initiative with Antares
17th June 2019
The Intellectual Property Office of Singapore (IPOS), in collaboration with Lloyd’s Asia and Antares Underwriting Asia, has announced a new intellectual property (IP) insurance initiative to support businesses as they enter global markets. The Intellectual Property Insurance Initiative for Innovators (IPIII) aims to provide businesses with insurance coverage for legal expenses ... Read the full article
Antares adds Martin Campbell as Head of Financial Institutions
18th March 2019
Antares, the Lloyd’s managing agent and member of the QIC Group, has appointed Martin Campbell as Head of Financial Institutions at Antares Syndicate 1274, effective immediately. Campbell arrives from The Channel Syndicate, where he most recently served as Head of Financial Lines and was a founding partner in 2011. He has 30 ... Read the full article
Antares names Joe Battle CEO
18th February 2019
Lloyd's of London Managing Agency and member of the Qatar Insurance Company Group (QIC Group), Antares, has promoted current Active Underwriter Joe Battle to Chief Executive Officer (CEO). Battle's appointment is subject to receipt of regulatory approval. He joined Antares (then Württembergische) in 2007 and was appointed Active Underwriter in 2009, before ... Read the full article
Antares appoints CNA Hardy’s John Taylor as Head of Specialty
12th October 2018
Antares, the Lloyd’s managing agent and member of the QIC Group, has announced the appointment of John Taylor as Head of Specialty. Taylor will report to the Active Underwriter Joe Battle and replaces Kieran Oliver, who is retiring from Antares after nearly two decades at the firm. With 25 years’ experience in ... Read the full article
Joe Mellen joins Antares from Sompo Canopius as Marine Cargo Underwriter
26th September 2017
Lloyd's of London independent managing general agent (MGA) and member of QIC Group, Antares, has named Joe Mellen Marine Cargo Underwriter, effective immediately. Mellen brings over 35 years of industry experience to Antares and joins from Sompo Canopius and, in his new role will report to Henry Maughan, Class Underwriter, Marine ... Read the full article
Antares promotes three to Lloyd’s managing agency board
28th June 2017
Antares, the Qatar Insurance Company owned Lloyd's of London managing agency, has announced some promotions and the appointment of three employees as new board members. The appointments have been made to "meet the evolving needs of the managing agency and promote internal talent," the company said. David Hobbs has been promoted to ... Read the full article
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