Reactions Home

Latest News

PartnerRe's specialty income spike offsets P&C losses

PartnerRe's specialty segment boosted its underwriting income by more than 25% in 2017, but that was not enough to prevent it from posting a sharp reduction in net profit for the year when compared with 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.

Arch sees boost from UGC acquisition

Completion of the acquisition of United Guaranty Corporation gave Arch Capital's mortgage segment a 274% boost in underwriting income.

Axis sees NPW soar during Q4

The inclusion of Novae caused Axis Insurance's net premiums written to spike during 2017's fourth quarter, but the firm's reinsurance offering also saw a substantial increase during the period.

O'Kane blasts "below acceptable" Aspen results

Chris O'Kane did not hold back from expressing his frustrations at Aspen's 2017 results, and said the firm was redoubling its efforts to turn around its performance.

Reactions February digital issue online now!

The latest digital edition of Reactions leads on an interview with Arch Capital's Dinos Iordanou while there is also a focus on the alternative capital market and a look at some of the leading offshore domiciles.

Barbican looks to Bermuda to grow US business

Barbican's new Hamilton, Bermuda based office will offer opportunities for significant sustainable growth in the US the firm believes.

Investment income softens cat blow for Everest Re

The firm hit posted an operating profit for 2017 after boosting its investment income by 15% year on year.

Opportunities abound for alt cap investors

Now that the alternative capital market has proved its resilience to the market as a whole, investors can turn their attentions to new geographies and exposures.

Comments

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: Reinsurers' sleight of hand - FREE

The cheating phase of reserve releases is well underway, but reinsurers' underlying RoEs are reaching new lows, David Benyon, editor of Reactions, writes.

Reactions April digital issue online now!

This month's magazine issue celebrates 35 years of Reactions, plus features on terrorism, Iran sanctions, reinsurance broking and the run-off market.

Bermuda comment: David in a world of financial Goliaths

Given that it is one of the smallest territories in the world, many would be surprised at the integral role Bermuda plays in managing the economic fallout after natural disasters, writes Americas editor Christopher Munro.

Editor's comment: Dazed and confused

If the actors of today’s re/insurance market were transposed into the setting of a 1980s high school movie, the plot would definitely be Prom Night.

Editor's comment: Who’s next to get married?

Comment: Whether its brokers, insurers or reinsurers, companies are currently coupling up like amorous teens at a high school dance.

XL and Catlin agree deal

XL and Catlin have agreed terms for a takeover that should close in the first half of 2015

Comment: An industry of adrenalin junkies

Editor's comment: To an outsider, insurance does not immediately look like an industry for adrenalin junkies.

The future’s fiercest reinsurance rivals

Comment: A recent PwC report reveals the successful attributes of the reinsurer of the future. One of its most useful insights is for reinsurance firms to recognise future rivals will be in Asia and other developing markets, says Reactions' managing editor Michael Loney.

Interviews

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.

Kevin O'Donnell's tough act to follow at RenRe

Interview: The top threat to catastrophe reinsurer RenaissanceRe’s new CEO Kevin O'Donnell maintaining his predecessor’s enviable returns is a flood of alternative reinsurance capacity settling for single-digit returns. He is bullish about RenRe's future.

Albert Benchimol: Axis Capital ready to thrive

Interview: Albert Benchimol has had a busy year since taking over as CEO of Bermudian insurer and reinsurer Axis Capital, dealing with the ousting of its chairman and Superstorm Sandy losses. He is now confident that a strong period of growth is ahead for his firm.

Interview: John Nelson, chairman of Lloyd's - The internationalist

John Nelson has had a busy first year as chairman of Lloyd’s, with the market’s Vision 2025 plan his biggest contribution so far. He believes the make-up of firms and people at Lloyd’s is not diverse enough.

Profile: Validus’ Ed Noonan bounces back

Ed Noonan, CEO of Bermudian reinsurer Validus, has responded to missing out on Transatlantic Re by launching a $500m joint venture with hedge fund manager John Paulson and agreeing to buy Flagstone Re for $623m. He says it is time to adapt or die.

Tokio Millennium Re targeting expansion

Interview: Tokio Marine’s reinsurance unit is aiming to grow in Europe and beyond, according to group CEO Tatsuhiko Hoshina and Continental Europe CEO Stephan Ruoff.

Watson’s steady approach at Argo Group

INTERVIEW: Mark Watson, CEO of Argo, says that his firm is looking to expand, but won’t rush into any decisions.

John Berger: Third Point Re “alive and well!”

Interview: Former Alterra reinsurance CEO John Berger has proclaimed his new reinsurance firm, Third Point Re, alive and well following it receiving a financial strength rating of A from AM Best in early January.

Aon's Greg Case on insurance broking's future

INTERVIEW: Greg Case, CEO of Aon, believes that the insurance broker can help its customers manage their way through the tough global operating environment and rise to the challenge of new and complex risks by working on a more robust fact basis.

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

 

Follow Us on Twitter @reactionsnet

Catastrophe Centre

Catastrophe Centre