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RAA and AIA support new NFIP proposals

Leading industry bodies have backed new proposals that would see greater involvement of the commercial market in US flood insurance.

NZ quake losses likely to exceed $1bn

More than 15,000 insurance claims have been made so far.

Perils puts €31m property loss estimate on October Italy ...

Cat risk data firm Perils has put a property insurance loss estimate of just $33m on the earthquakes that struck Italy in October.

Lineham joins Aegis London from XL Catlin

Political risk and trade credit underwriter David Linehan has joined Aegis London.

HDI,Thomas Miller strike marine and energy partnership

Talanx’s HDI in UK subsidiary has signed a deal to back the marine and energy business of MGA Thomas Miller Specialty.

Uptick for US auto as commercial rates remain flat

US commercial auto increased by 3% in November as commercial rates remain steady.

BMS CA facilitates United capital raise

BMS Capital Advisory has helped to facilitate the issuance of $30m of senior notes from United Insurance Holdings Corp.

Carlin takes seat on Hanover's board

The experienced financial services executive Jane Carlin has taken a seat on the board of The Hanover.

President elected at Casualty Actuarial Society

Travelers’ Nancy Braithwaite has been elected to lead the US industry group for casualty actuaries for the coming year.

Magazine

Reactions November digital issue online now!

The latest edition of Reactions leads with disruption on the agenda at industry events from Dallas to Macau.

M&A returns with Sompo Endurance deal

Sompo’s $6.3bn deal to buy Endurance Specialty represents a return to mergers and acquisitions activity for the reinsurance sector.

Attune to launch trio of SME products by Q1

The new Attune commercial insurance partnership will serve US small to medium sized enterprises.

PCI: Cuba could be new market for re/insurers

The frosty relationship between Cuba and the US may have been thawing but American re/insurers are still banned from the country.

PCI: US market watches election closely

The upcoming November elections in the US promises to shake up the world’s largest insurance market.

CIAB: JLT Specialty USA targets 75 new faces

The broker will hire a number of additional employees by the end of 2017.

CIAB: BMS eyes further US growth after Advocate acquisition

The purchase of Advocate Re will increase the top line of broker BMS Re US.

CIAB: Judge success of Gen Re tie-up in five years

Senior figures at TransRe believe it will be too early to determine the success of the Gen Re arrangement before then.

Garry Booth comment: London market plays a dangerous warg...

The London market is preparing a training event to see how it would respond to an unforeseen catastrophic event.

CIAB: Scor eyes deepening US relationships

Scor's move to expand will not see an increase in the number of clients on its books.

Baden-Baden 2016: the same but different

The question of whether digitalisation will be kill or cure for the insurance industry was a recurring theme for risk professionals converging on the West German spa town this year.

Baden-Baden: Aon Benfield exec chairman highlights innova...

With prices forecast to keep falling, reinsurers are under pressure to expand into new lines of business, according to Dom Christian, executive chairman at Aon Benfield.

Baden-Baden: Reinsurers get ready to walk the renewal talk

Renewal negotiations won’t be an easy ride for most cedants in 2017 said key reinsurers in Baden-Baden in October.

RNAC: XL Catlin looks beyond M&A for growth

As the industry struggles with a stagnating global economy and subsequent soft market, Gregory Hendrick, XL Catlin’s reinsurance CEO, is adamant his company can grow further.

Blackrock study shows highlights investment squeeze

The Brexit vote in June has only compounded fears among insurers over the impact weak economic growth and persistently low interest rates are having on their businesses.

Americas Editor comment: Talent shortfall fears

The re/insurance industry continue to fear a shortage of new talent.

Reactions North America Awards 2016

Leading figures in the North American insurance and reinsurance industries descended on Wall Street to celebrate the winners of this year’s Reactions North America Awards.

Matthew costliest hurricane since Sandy  

The storm could have been much worse but it still caused considerable damage.

Latest Issue

November 2016

reactions-sep  

In this month's Reactions

  • North America Awards
  • Sompo buys Endurance
  • US PCI & CIAB
  • EAIC & Baden-Baden

Click here to view this issue

 

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