Reactions Home



Latest News

PERILS' Thomas loss shows little movement

Losses from extratropical cyclone Thomas, or Doris as it was known in the UK, have hardly moved from PERILS' second claims prediction which was issued in May last year.

Swiss Re faces $4.7bn of cat claims in 2017

Catastrophe losses hit Swiss Re to the tune of $4.7bn in 2017, with its Corporate Solutions arm facing $1.1bn of claims in the US - its largest market.

D&O market grapples with merger-related suits

Class action lawsuits filed in US federal courts related to mergers have reached their highest level ever, and an improving economy could exacerbate the situation, Fitch Ratings has warned.

Scor Global P&C profits dip but strategic plan pushes on

Scor continued to see successes associated with its Vision in Action strategic plan in 2017 despite property and casualty profits dropping from the natural catastrophe events.

Majority of insurers not fully utilising tech

Up to 80% of insurers may not be utilising collected data to its full potential claims once again highlighting the failure of the industry to adapt to new technologies.

Alleghany doubles Q4 net earnings

New York's Alleghany Corporation registered a sizable increase in net earnings during the fourth quarter of 2017 with its re/insurance operations boosting the business.

PartnerRe's specialty income spike offsets P&C losses

PartnerRe's specialty segment boosted its underwriting income by more than 25% in 2017, but that was not enough to prevent it from posting a sharp reduction in net profit for the year when compared with 2016.

Economic resurgence in LatAm reveals new risks

The burgeoning Latin American economy has emboldened some to make moves into the market, but severe operational and political risks remain in the 33 countries that make up Latin America and the Carribean according to Marsh and BMI's latest political risk index.

Hamilton's Lloyd's arm shuffles underwriting team

Two senior departures have led Hamilton Underwriting Ltd to make a series of promotions to its senior underwriting team.

Magazine

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.

Tax plan creates sharp divide

The US property and casualty market is hoping for relief from a tax overhaul that economists have warned will do more harm than good in the long run.

Latest Issue

February 2018

 

In this month's Reactions

  • Dinos Iordanou
  • Stan Galanski
  • Christoph Hoch
  • Alternative capital report
  • Domiciles report
  • NFIP renewal
  • January 1 renewals
  • P&I renewal

CLICK HERE TO READ THE LATEST ISSUE

 

Follow Us on Twitter @reactionsnet

Catastrophe Centre