The December 2011/January 2012 issue of Reactions is now online.
The issue has a forward-looking feel. The cover story reveals the top 10 emerging risks that insurers and reinsurers should be worried about now. We also looked to 2012 to ask what the big issues will be in the year ahead after a punishing year of catastrophes in 2011.
In addition, the issue includes an analysis of how the Arab Spring has affected insurance in the Middle East, a look at whether regional reinsurers in Asia and elsewhere will become big enough to challenge the big two European reinsurers, a roundtable on how Solvency II will affect insurers’ asset management, and an interview with Montpelier Re’s Christopher Harris.
Future shock 2012: 10 emerging risks
Emerging risks by definition are no longer hidden. Here are 10 that you can no longer bury your head in the sand about.
2012 outlook: a new dawn for insurers?
Underwriters have grown wary of false dawns in looking to a hard market, but one again there are grounds for optimism going into 2012, despite a year of unprecedented Asian cat losses and Europe’s sovereign debt crisis.
Solvency II asset management roundtable
Don’t forget your assets. Marc Beckers of Aon Benfield, Stefan Holzberger of AM Best, Dirk Popielas of JP Morgan Asset Management and Stuart Shiperlee of Litmus Analysis discussed the new capital adequacy regime at this year's Baden-Baden meeting.
Montpelier Re passes tough reinsurance test
INTERVIEW: Montpelier Re’s 10th anniversary has been marked by a punishing volley of catastrophe losses. The good news for the Bermuda property-catastrophe specialist is its risk management has passed this test, says its CEO Christopher Harris.
Middle East insurance: After the Arab Spring
FEATURE: The Arab Spring hogged headlines for much of 2011, but has it made much difference to the insurance climate in the Middle East, and how does the region rate among emerging markets?
The growing power of regional reinsurers
FEATURE: Regional reinsurers in Asia, the Middle East and Latin America are set to increase their presence in coming years as their domestic markets grow and the reinsurers look to expand outside their own borders. Will any become true global powerhouses?
Legal analysis: Class action issues
In an ever-more interconnected world, class actions are becoming a significant concern for insurers. For FI and D&O
Ironshore’s Kelley on euro crisis impact
Kevin Kelley, CEO of Bermudian specialty insurer Ironshore, assesses the impact of the European financial crisis on the global insurance industry in the latest in Reactions’ View From The Top series.
COMMENT: Privacy problems and premiums?
Insurers will soon find out about the potential risks they will face when new European Union privacy rules are unveiled in the new year, says Reactions’ contributing editor Garry Booth.
Insurance mergers of 2011: Playing hard to get
COMMENT: The year's biggest M&A story appears to have ended with Alleghany buying Transatlantic Holdings but, says Reactions' editor Michael Loney, it is a sign of how tough it is to get deals done in today's climate.
RISKbitz's 2012 predictions
Everyone knows what's happened in the past 12 months: what real enterprise risk professionals want to know is what is likely to happen in the coming 12 months. With that in mind, RISKbitz veteran industry commentators Bart Hogroy and Todd Gwynion