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Increased Q4 cat losses hit Endurance

Bermudian re/insurer Endurance saw its operating profit more than half in 2016's fourth quarter after being hit by almost $60m of catastrophe claims during the period.

Krøger Kjær to lead Skuld Copenhagen  

Krøger Kjær takes over in Copenhagen from Helle Lehmann who has stepped down.

Third Point Re hit with Q4 2016 loss

Bermudian re/insurer Third Point Re was hit by both an underwriting and investment loss in the fourth quarter of 2016.

Chubb expands in Europe with new roles

The insurer has made its fourth major European appointment within the past two months.

Italian insurers facing difficult 2017 - AM Best

Italian insurers are likely to face pressure in 2017 owing to their close ties to the country's troubled banking system.

Swiss Re ends 2016 with disappointing Q4

The reinsurer’s group net income was down 45% on the same quarter a year earlier.

RSA posts healthy turnaround profits

Gross written premiums increased to £7.2bn at the scandal-hit insurance group

Perils puts €212m loss estimate on cyclone Egon

The re/insurance data firm has produced its initial insured loss estimate for extra-tropical cyclone Egon which struck France and Germany in January.

Scor adds business solutions head

The reinsurer’s new head of business solutions joins from Allianz Global Corporate & Specialty.

Comments

Senior reporter comment: After Brexit - FREE

It’s no exaggeration to say that in London on the morning of Friday June 24, there was an outbreak of grief, heartbreak and tears, following the news that Brexit had triumphed in the referendum and the UK was set to leave the EU.

Americas editor comment: Brexit's North American impact - FREE

The implications of the UK’s vote to leave the EU on the North American re/insurance industry remains opaque.

Editor's comment: Protectionism and Brexit - FREE

Protectionism is about the worst enemy that re/insurance faces, aside from Armageddon at the hands of war or natural catastrophe.

Garry Booth comment: Future shock warning - FREE

Some of what Alvin Toffler, author of influential book Future Shock, said about society could be applied to the insurance industry’s state of mind.

Editor's comment: China’s coming of age - FREE

China’s assets managed by insurers have doubled within four years, reaching around $2.1trn.

Garry Booth comment: Fort McMurray wake-up - FREE

Under successive leaders, Canada has been one of the worst performers on the global stage in terms of climate protection.

Americas editor comment: Latam growth elusive - FREE

Once the leading lights of the Latin American re/insurance industry departed the Ritz Carlton resort in Miami following our recent event, a couple of key issues stuck in the mind.

Garry Booth comment: Benmosche bio on AIG - FREE

If Carl Icahn is looking for holiday reading he might consider ordering the recently released autobiography of the late Bob Benmosche, writes Garry Booth, Reactions' contributing editor.

Americas editor comment: Disruptive influences - FREE

Disruption was the name of the game at this year’s Risk and Insurance Management Society’s annual gathering, writes Christopher Munro, Reactions' Americas editor.

Interviews

Insurers are wasting unstructured data - CSC, Xchanging

Unstructured and underused data may be a gold mine for re/insurers according to CSC and Xchanging.

Xceedance targets a new outsourcing model

Xceedance CEO Arun Valakrishnan highlights the wealth of Indian tech talent that re/insurance businesses are failing to employ.

Africa in focus

Africa Re’s group managing director and CEO, Corneille Karekezi, gives his perspective on the outlook for the continent’s reinsurance markets.

Willis Re’s John Cavanagh: Time to buy more reinsurance

Willis Re’s chief executive John Cavanagh remains optimistic at his company’s future growth prospects even though market conditions are tough.

Nick Cook interview: The new face of BMS

BMS has undergone a comprehensive revamp – strategically and financially – since June last year. One year on, Reactions talks with BMS Group CEO Nick Cook to find out more about the ambitious five year strategy the broker is implementing.

Micro insurance consortium: Aspen’s Mario Vitale interview

Developing products that actually meet the needs of those in emerging economies, as well as creating reliable and user-friendly ways of both paying premium and collecting claims, will all determine whether the multi-company multi insurance venture incubator is a success, says Aspen’s Mario Vitale.

Mike Krefta on Hiscox Re's changing strategy

Hiscox Re has scaled back at recent renewals, reducing its concentration on property catastrophe.

Regime change: Pool Re's Julian Enoizi

Pool Re CEO Julian Enoizi spoke to Reactions about the new deal struck with the Treasury and the changes he is now driving through to modernise the UK'?s terrorism risk reinsurance pool.

Profiles: Top women in re/insurance

Profiles: Contrary to the diverse consumer base insurance serves, most industry C-suites are dominated by white, older men. Reactions speaks to some of the industry’s most renowned women as well as what can be done to get more women in the industry.

Latest Issue

February 2017

reactions-sep  

In this month's Reactions

  • Race to reinsure India
  • The Polar Code
  • ILS market evolution
  • January renewals

Click here to view this issue

 

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