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Maria batters Caribbean

The storm has caused widespread damage throughout the Caribbean, just a few weeks after Hurricane Irma bowled through the region.

CCRIF Irma payouts hit $31.2m

Payments from the Caribbean Catastrophe Risk Insurance Facility resulting from Hurricane Irma have hit $31.2m, with claims from the excess rainfall protection it offers pushing the total beyond the $30m threshold.

Zurich NA names Savio new CEO

Zurich North America's long-standing chief executive Mike Foley (pictured) will leave the business at the end of the year, with Kathleen Savio replacing him on January 1, 2018.

RMS caps Irma insured loss at $55bn

RMS believes insured losses from Hurricane Irma will stand between $35bn and $55bn with the majority of claims originating from Florida.

Ed appoints new MENA and India head

Minesh Jani will replace Andy Chang in the role as Ed plans to expand in the region.

Puerto Rico braces itself for Maria destruction

The island prepared for casualties and property damage as the storm lashed the island.

Hiscox hires former GCHQ director

The ex-spook will provide the insurer with market intelligence and help expand its range of cyber products.

Mexico reels from second major quake

Mexico has suffered a second major earthquake event in less than a fortnight with economic losses expected to exceed $1bn.

Arch hands Papadopoulo and Rajeh new roles

Arch Capital Group has given Nicolas Papadopoulo and Maamoun Rajeh new roles in light of David McElroy's decision to take on a new role with the business.

Magazine

Crop Insurance in US, China and India: Growth and Challen...

The US is the largest market for crop insurance in the world, but the emerging markets of China and India are catching up, Toa Re explains.

The dawn of a new day

The US insurance industry is faced with an historic ruling on data security that goes beyond simple standard best practices.

Sandbox solution on the back burner

While the National Association of Insurance Commissioners has made important steps towards improving the relationships between regulators and insurtech innovators, an official sandbox solution still remains out of the picture.

Surplus lines stay on top of market pressures

Specialty underwriters in the US continue to defy gravity, at least in comparison with their cousins in the standard market.

The great Euro run-off renaissance

The European run-off market would appear to be in rude health once again, with a combination of factors set to bring yet more portfolios to market.

Growth in the NA runoff market

Global uncertainty is the precursor to "enormous" opportunity for global runoff insurers according to Randall & Quilter.

Reactions 2017 Legal Survey

The results are in for the Reactions 2017 Legal Survey, and it was of little surprise to find that issues surrounding Brexit, cyber exposure and contract certainty remain a cause of concern for some of the re/insurance industry’s most senior figures.

Going Global

Global governance considerations for re/insurance groups.

Cybersecurity update

Just like the peril itself, the cyber insurance market is a fast moving and evolving sector. Greenberg Traurig provides an update on market developments in the US.

The “C” in today’s C-suite: cybersecurity

How to approach cybersecurity at the executive and board level.

Editor's comment: disintermediation and denial

Address disintermediation sooner rather than later.

Top 10 investment ideas…revisited

Mercer released a list of insurance investment ideas at the start of this year. Eight months on, Reactions spoke to one of those behind the list for his thoughts on how they have progressed.

Reinsurers face strong headwinds – Fitch

Deteriorating reserves and an increase in mergers and acquisitions have left reinsurers struggling.

Emerging-market debt: fundamentally attractive

Emerging-market debt can offer compelling opportunities for investors seeking higher levels of income alongside credit-quality stability.

Managing editor's comment: Latin America’s changing face

Locals are taking back Latin America's insurance and reinsurance landscape.

Finding the right mix

The financial markets continue to prove problematic for insurers and reinsurers alike, but with the soft market showing little sign of abating, the need to drive yield from investments remains strong. Reactions and Deutsche Asset Management discuss.

Garry Booth Comment: underwriters will survive the tech a...

The industry has reinvented itself in the past and can do so again.

Leading from the front

More needs to be done to bring the very best talent into the insurance industry, and HW Kaufman Financial Group’s Alan Kaufman has called on his peers to follow his lead and provide support to leading business schools.

Latest Issue

September 2017

reactions-latest-issue  

In this month's Reactions

  • Ed Noonan
  • Marine analytics
  • Legal survey
  • Investment roundtable

Click here to view this issue

 

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