UP CLOSE: Andreas Loucaides
Posted On: Aug. 16, 2015 12:00 AM CSTLONDON-BASED CEO
International General Insurance Co. (UK) Ltd.
PREVIOUS POSITION: London-based director of underwriting for AmTrust at Lloyd's Ltd.
LOOKING FORWARD TO: (The) rating environment turning positive again.
GOALS FOR NEW POSITION: To raise the profile of IGI Group ... (to) continue with the growth of new teams and to provide more depth to our existing teams.
CHALLENGES FACING INDUSTRY: Excess capital. There is so much interest in the industry at the moment we could withstand a loss not previously ever experienced, and still more capital would flow in. Broker facilities underwritten on a portfolio basis play to the excess capital available forcing prices even lower.
FIRST INDUSTRY JOB: Reinsurance treaty broker at Lowndes Lambert.
ADVICE: My father always said work hard and always prepare yourself for whatever you are trying to achieve.
OUTSIDE THE INDUSTRY, A DREAM JOB: Football manager at West Ham.
HOBBIES: Golf (and) watching sports — especially my son Alex playing football and daughter Lois playing hockey and learning to play golf.
THING MOST PEOPLE DON'T KNOW ABOUT ME: I was born in Cyprus in a tiny village called Kharcha.
WHEN I RETIRE: Good health, family, good food and wine.
FAVORITE MEAL: Very much depends on my mood and weather, so anything from Asian to Italian, plus the occasional Greek salad.
FAVORITE BOOK: “Lord of the Rings” by J.R.R. Tolkien.
BEST CITY: London.
ON A SATURDAY AFTERNOON: West Ham playing at home.
THOUGHTS ON SMARTPHONES: Good for work (and) pleasure, but not on holidays or meal times with the kids.
CAN'T-MISS TELEVISION SHOW: “Match of the Day.”