GIC Re on course for 2018 Lloyd's launch

India's state-owned reinsurer GIC Re is poised to realise
its long-held Lloyd's ambitions next year with the launch of a
full syndicate, The Insurance Insider can
reveal.
Sources told this publication that GIC Re has been working with
Pembroke, the Lloyd's arm of Ironshore, on the start-up for a
number of months and is targeting a launch in early 2018.
It is understood that the start-up, which would be turnkeyed by
Pembroke, is likely to go before the Franchise Board...