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US carriers see net income double

A spike in investment income for the group is being cited for the sharp jump in net income to $34bn,

Hannover Re completes fifth cat bond for 2018

The firm's latest completed transaction provides $125m in coverage against third-party liability losses due to wildfires.

Hendrickson replaces Smith as StarStone CEO

John Hendrickson has replaced Demian Smith as StarStone CEO with immediate effect.

Employees 'greatest cyber risk'

Nearly 90% of firms believe that a lack of training amongst their employees is the greatest cyber threat - and insurers must take note of how to mitigate the problem.

RFIB hires McCrum as Asia lead

RFIB has hired former Willis Towers Watson executive Simon McCrum as the managing director of its Asia Pacific division.

US authorities clear MMC for antitrust

The fast-moving merger gains speed again as the US Federal Trade Commission makes an early ruling terminating the waiting period for the merger of MMC and JLT.

AIR estimates Michel losses at max $10bn

Changes in technology are helping insurers identify losses faster, as estimates following the storm which destroyed several coastal communities begin to trickle in.

AXIS Re names Haugh in top role

Ann Haugh is the new president of the global markets division at AXIS Re; she will oversee AXIS Re Strategic Partners, Specialty Re and the international business platform at Lloyd’s.

Curran AXA XL's new London Market CUO

Dan Curran has been appointed chief underwriting officer of London Market Wholesale.

Magazine

Telematics for ships

Marine insurance is an old business, but new ways of studying shipping data could afford hull and machinery underwriters better insight into the risks they are insuring.

Alt cap growth blows past Q4 roadblocks

Alternative capital investors have adapted to the hurricanes, wildfires and earthquakes that occurred late last year, with industry brokers in agreement that capacity will rise again in 2018.

An improving forecast for weather risk specialists

The outlook for weather risk management is looking bright thanks to increasing demand, reduced basis risk and better products.

Life insurers’ secret weapon: Behavioral economics

For life insurers, behavioral economics is the key to bridging a protection gap of approximately $12bn.

Insurers in search of a future-proof investment strategy

How should insurers adapt their investment strategy to a rising interest rate environment and future uncertainties around inflation? AXA-IM’s Mathilde Sauvé and Chris Price discuss the implications of a changing market dynamic and the choices available to insurers in the UK and the Eurozone.

Market disjointed on terror risk

The shift in how terror attacks are perpetrated has left a divide in the market as to how to properly cover the risk.

QBE primed for North America growth

QBE North America’s CEO Russell Johnston has carried on where his predecessor Dave Duclos left off in driving through stability at the business, with growth now on the cards.

A decade of change

Mike Foley has spent the past decade at the helm of Zurich North America, but his time with the carrier is now ending. He looks back at the last 10 years and tells Reactions about his future plans.

Rolling with the punches

A record-breaking hurricane season and historic wildfires have delivered a series of punches to the re/insurance market which has left it nursing a black eye and a broken nose, but the knock-out blow has failed to land.

China’s cyber risk market starts to take shape

China’s cyber insurance market is set to move up a gear in the aftermath of 2017’s damaging malware attacks and the introduction of comprehensive new security laws that businesses must comply with.

LMA puts spotlight on international casualty

The Lloyd’s Market Association has followed up its 2015 survey into the international casualty treaty market by commissioning another study, and the results show the sector is primed to shift.

Year in review

The global re/insurance industry experienced all manner of challenges in 2017, with cyber-attacks, hurricanes and wildfires all causing concern.

RMS lends hand to NFIP rating update

RMS is partnering with actuarial firm Milliman to create a new – and many would argue much needed – rating plan for the beleaguered National Flood Insurance Program.

Industry to witness “healthy level” of M&A in next three ...

Respondents to a new Willis Towers Watson survey feel the industry will see fewer mergers and acquisitions over the coming years, but those deals that do occur will be greater in scale.

With capital draining away, the only way is up for rates ...

Non-life re/insurance rates are expected to increase as a result of the serious drain on capital caused by several large natural catastrophe events in 2017, according to Swiss Re.

Women in Insurance 2018

Reactions has once again compiled a report highlighting some of the women who hold the top spots in the re/insurance industry.

Emerging Risks 2018

What are the major risks that will impact the global re/insurance industry in 2018? That was the question Reactions posed to some of the global re/insurance market’s senior and well placed figures.

Industry keeping tabs on climate change

Managing Editor's Comment: The industry is keeping a close eye on the impact of climate change as hurricanes and wildfires hit bottom lines.

Latest Issue

October 2018

 

In this month's Reactions

  • Monte Carlo roundup
  • National Flood Insurance Program
  • Munich Re roundtable
  • Liberty Mutual roundtable
  • US Cannabis industry
  • Kidnapping & Ransom cover
  • Marsh & McLennan acquiring JLT

CLICK HERE TO READ THE LATEST ISSUE

 

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