Reactions Home

Latest News

Beard joins RFIB as CFO

Former Agilisys and Xchanging executive Steven Beard has joined RFIB Group and Limehouse Agencies as its new chief financial officer.

Canopius launches new upstream drilling product

Sompo Canopius' new product will fill a coverage gap for the notoriously risky exploratory drilling sector.

Neon backs new MGA Chord Re

A quartet of former Aspen Re staff have launched a new specialty reinsurance focussed managing general agent called Chord Re which is backed by Neon.

Asta gets green light to launch new Lloyd's outfits

Lloyd's has given third party managing agency Asta its approval to open Agora Syndicate 3268 as well as a Special Purpose Arrangement on behalf of Dale Syndicate 1729.

Sompo Intl adds casualty reinsurance duo

Sompo International has brought in two new underwriters to its London-based casualty reinsurance business.

Beazley Q3 GPW drops on political risk and reinsurance cuts

Beazley saw its political risk, accident and contingency as well as reinsurance gross premiums written fall during the third quarter of 2017.

FCA prepares broker inquiry

Broker practices in the London market are being examined by the Financial Conduct Authority to ensure that competition remains robust.

Lloyd's approves Hiscox capacity boost

The specialist insurer is preparing for a return to growth for its London Market segment in 2018, with an increase in capacity for its Syndicate 33 up to £1.6bn as well as the appointment of a new chief executive for the unit.

UK non-life market posts 2016 underwriting loss

The Ogden rate change dragged the top 100 insurers in the UK market to an underwriting loss for 2016.

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.

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: 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.

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.

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.

Garry Booth on 35 years of Reactions: 1981 and all that

Reactions’ launch in April 1981 was probably one of the most exciting things to have happened in the market for years, such was the slow pace of life in the reinsurance business at the time.

Editor's comment: Thirty five years of hurt

Welcome to the 35th birthday issue of Reactions magazine.

Editor's comment: a new golden era for run-off? - FREE

2016 is fast becoming a year of rich pickings for run-off specialists, writes David Benyon, editor of Reactions.

Interviews

Interview: Chris Cotterell of Safeonline

One of the first brokers to build a book of cyber business, Chris Cotterell explains that the cyber market has come full circle.

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.

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.

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.

Interview: Novae - Off the to-buy list

Novae can start considering acquisitions rather than being acquired since share value has soared above book value, Novae’s CEO tells Reactions.

Latest Issue

November 2017

 

In this month's Reactions

  • Hurricane update
  • North America Awards
  • PCI Roundup
  • Baden Baden update

CLICK HERE TO READ THE LATEST ISSUE

 

Follow Us on Twitter @reactionsnet

Catastrophe Centre

Catastrophe Centre