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Latest News

XL Catlin boosts M&A insurance team

Richard Winborn, Hilary Weiss and Reagan Tangney have joined XL Catlin’s M&A insurance coverage team.

Pen hires commercial lines regional director

Jason Wilson joins Pen from Zurich, as the MGA grows its commercial lines operation in the UK.

Neon expands property team

Lloyd's re/insurer Neon has made another hire to boost its London and Bermuda property book.

XL Catlin joins Driven consortium

Oxbotica’s Driven consortium plans to drive a fleet of autonomous vehicles between Oxford and London in 2019.

FCA launches aviation probe into five brokers

The UK watchdog is investigating suspected misuse of client data in the London market, sister title The Insurance Insider has reported.

Slide continues at April reinsurance renewals

The reinsurance sector’s soft pricing slide goes on, Willis Re has suggested, despite “barely sustainable” underlying numbers at reinsurers.

Capital up, profit down for reinsurers in 2016 – Willis Re

Reinsurers’ profits are down, yet industry capitalisation grew in 2016, according to a Willis Towers Watson study.

AIG sees $100m Ogden hit

American International Group is the latest insurer to announce the impact that the recent Ogden rate change has had on its reserves.

Hiscox's new chief information officer named

Ian Penny will take over from interim chief information officer (CIO) Gareth Wharton, Hiscox has said.

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

April 2017

reactions-sep  

In this month's Reactions

  • Broker Forum 2017
  • Cyber market evolution
  • Ogden rate
  • Japan renewals

Click here to view this issue

 

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