15 March 2010
Starr Indemnity & Liability Company, an subsidiary of Starr International, has entered into an underwriting agreement with a subsidiary of Chubb. More »
Max Capital Group’s preliminary estimates of combined claims for the Chilean earthquake and the European winter storm Xynthia range from $10m to $20m, net of reinstatement provisions and retrocessions. More »
Axa, France’s largest insurer, said Friday that it will appeal a Brazilian court's ruling that it must pay $1.16m in compensation to the family of a victim of last year’s Air France disaster, Reuters reports. More »
If the insured losses from the magnitude 8.8 earthquake that struck Chile last month come in at between $3bn and $5bn, it will be the most expensive insured event to ever hit Latin America, Cooper Gay has said. More »
American International Group will offer about $46m in bonuses to the former employees of its derivatives trading unit. More »
Tokyo-based NKSJ Holdings is seeking to boost its profits through domestic and overseas acquisitions. More »
Philadelphia-based Lincoln National has more than doubled the salary of CEO, Dennis Glass. More »
RenRe North America Holdings will issue $250m of senior notes in an underwritten public offering. The notes, maturing in 2020, will offer a coupon of 5.750% and are backed by parent, RenaissanceRe Holdings. More »
Swiss Re has nominated Jean-Pierre Roth as non-executive member of the board of directors. Previously, he was working as chairman of the governing board of the Swiss National Bank (SNB). More »
12 March 2010
Don Kramer has stood down as CEO of Ariel Holdings. More »
The Federation of European Risk Management Associations (Ferma) has voiced concerns about the effect Solvency II and capital requirements put forward by the Committee of European Insurance and Occupational Pensions Supervisors will have. More »
Lloyd's insurer Omega Insurance Holdings has published the results of the proxy vote on a board revamp at a special general meeting held today. More »
Validus Holdings, the Bermuda based provider of reinsurance and insurance, today provided an initial estimate of losses from the recent Chilean earthquake and European windstorm Xynthia. More »
Insurers paid out £650m ($980m) in dealing with 335,000 claims from customers who suffered damage to their homes, businesses and vehicles in the coldest winter for thirty years, according to the ABI. More »
The merger of Bermudian firms Max Capital Group and Harbor Point has been termed a merger of equals. Reactions spoke to the CEO’s of the two companies and an analyst to get the perspective from all sides on what the future holds for the combined company Alterra Capital Holdings. More »
10 March 2010
With the news that AIG is selling Alico to MetLife and AIA to Prudential, Reactions assesses how far AIG still has to go to pay off its debts to the US government.
08 March 2010
Fac players are bullish about their business offering in the uncertain economic climate. But with fierce competition among brokers and softening rates there the picture is not as rosy as it may seem.
09 March 2010
Endurance's new CEO will be looking to continue the work done under eight years of Ken LeStrange's leadership but won't be afraid to make big changes if necessary, he tells Reactions in an exclusive interview.
05 March 2010
Asia’s reinsurance markets have weathered the global economic turmoil and a greater share of premiums is set to stay in the region, says the CEO of Asia Capital Reinsurance Group.
26 February 2010
US insurer American International Group (AIG) has reported a fourth-quarter loss of $8.9bn and warned that it may need more support from the US government.
22 February 2010
With Aon, Marsh and Willis now able to accept contingent commissions again, the market is abuzz with questions about which of them will accept the controversial payments, how much business this could bring and what buyers’ reaction will be.
18 February 2010
The February 2010 issue of Reactions is now online. Click through to read a selection of articles from the issue.
American International Group will offer about $46m in bonuses to the former employees of its derivatives trading unit.
Don Kramer has stood down as CEO of Ariel Holdings.
Max Capital Group’s preliminary estimates of combined claims for the Chilean earthquake and the European winter storm Xynthia range from $10m to $20m, net of reinstatement provisions and retrocessions.
If the insured losses from the magnitude 8.8 earthquake that struck Chile last month come in at between $3bn and $5bn, it will be the most expensive insured event to ever hit Latin America, Cooper Gay has said.
Axa, France’s largest insurer, said Friday that it will appeal a Brazilian court's ruling that it must pay $1.16m in compensation to the family of a victim of last year’s Air France disaster, Reuters reports.
Insurers paid out £650m ($980m) in dealing with 335,000 claims from customers who suffered damage to their homes, businesses and vehicles in the coldest winter for thirty years, according to the ABI.
The Federation of European Risk Management Associations (Ferma) has voiced concerns about the effect Solvency II and capital requirements put forward by the Committee of European Insurance and Occupational Pensions Supervisors will have.
Reactions
Reactions is the leading financial intelligence for the global insurance and reinsurance markets. [more]
Global Reinsurance Highlights 2008
Reinsurance Highlights is a benchmark publication, analysing market trends and clearly displaying the financial position of the leading reinsurers, comparing them in an open and unbiased forum. [more]
CEO Risk Forum Supplement
This inaugural edition contains unedited articles from insurance CEO's. It assesses the different forms of risk affecting the insurance industry and analyses the burning Risk and Capital Management issues. [more]
Global Investor incorporating ISF
Unique among investment magazines, Global Investor is dedicated to the business of asset management. GI brings you unrivalled coverage of the strategies for success in the international investment management industry. In-depth firm profiles, exclusive CEO... [more]
The Reactions Global Insurance Conference 2009
This year the elite of the world's insurance industry will meet in Zurich for The Reactions Magazine's Global Insurance Conference 2009. As the financial services industry re-establishes itself following the worst crisis for decades, the... [more]
The Brazilian Reinsurance Conference 2010
Sustaining a global reinsurance centre in Brazil's burgeoning insurance market [more]
Do you believe efforts to set up a New York Insurance Exchange by the state's insurance department will succeed?
We want CEOs talking directly to policymakers with the ability to take strong positions on issues as they arise. The reinsurance industry is perceived as being not well known by the main policymakers.
Denis Kessler, CEO of Scor