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Fairfax celebrates best ever year

Fairfax Financial celebrated the best year in its 32 year history in 2017 even though its re/insurance ventures faced significant catastrophe losses.

Allianz P&C revenues rise but operating profit dips

Allianz's property and casualty business saw gross premiums written rise in 2017 but operating profits dropped slightly.

Navigators Global Re takes sharp cat hit

The firm's US primary insurance unit posted a profit for the year, but its international primary unit and global reinsurance segment took heavy hits from last year's catastrophes.

Firms in the dark concerning cyber exposure

A lack of meaningful assessments of a company's actual cyber risk has left many in the dark as to what they are really facing.

"Data breach World War" sparks cyber legislation discussion

Recent high profile data breaches are setting the stage for a possible national breach notification law, which would help remove uncertainty for cyber insurers and their cedants alike.

IAG implements strategic review of Asia business

Although the firm has improved its performance in Asia, the region is the smallest by far in terms of both gross premiums written and profit contribution for the Australian insurer.

Sompo ups net profit for 9M for 2017

Underwriting, investment and net income were all up for the Japanese firm during the last nine months of 2017 when compared with the same period in 2016.

Argo's international unit takes heavy cat hit

The company's international unit took the greatest hit from last year's catastrophes, while its US operations saw a less drastic drop in income as well.

GCC insurers facing new challenges as economies shift

Chronically low hydrocarbon prices have left the six members of the Gulf Cooperation Council looking to reinvent themselves economically which has presented insures in the region with new challenges and opportunities, according to AM Best.

Magazine

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.

Ready to sign on the dotted line?

Director and officer responsibility for cybersecurity

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

 

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