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Latest North America News

Allstate expecting heavy cat toll

Cat losses for the first quarter of the year are estimated to be nearly $700m.

Enstar takes on $500m of Zurich’s A&E run-off

Bermuda-based group enters agreement for claims dating back to 1980s.

Liberty Mutual buys AmTrust surety units

Acquisition furthers Liberty Mutual’s global expansion strategy.

Markel completes internal review

The company finds no evidence of wrongdoing in reserving practices at CATCo units.

Workers' Compensation: Mind the (severity) gap

Hugh Murphy, Casualty Underwriter with Aspen Re, comments on the gap between improving insurance and deteriorating reinsurance results that is now visible in the US workers’ compensation business line.

US flooding tops March cats

Midwest floods are expected to cost insurers more than $1bn according to Aon.

Ty Sagalow to discuss new book The Making of Lemonade at ...

Don't miss Ty Sagalow tell his story on the founding of the Lemonade app at our annual conference, followed by a book signing.

Force of nature: The Hank Greenberg Reactions interview

He's Hank Greenberg, and you're not. Here's why.

AXIS Capital outlook negative – Moody’s

Rating agency acknowledges strong operating performance.

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.

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.

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.

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.

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.

Americas editor comment: US market heads to RIMS

All sorts of business classes will be widely discussed at the upcoming Risk and Insurance Management Society’s (RIMS) annual conference, but it is likely cyber liability will once again dominate many of the talks.

M&A covers: After the happy ending

Plenty of excitement surrounds news of a merger or acquisition, but often only part of the story ever makes it into the press.

Garry Booth comment: no COP out for insurers - FREE

As the euphoria around the “success” of the COP21 climate talks subsides, and reality bites, the insurance industry can start to take stock of what it all means for them.

Interviews

Adaptation: The key to Assurant's future

CEO Alan Colberg outlines the changes brought to its management structure, its risk selection and its embrace of new technologies.

MMC Q3 results hit market expectations

Earnings per share ticked up to $0.79 for the quarter while underlying revenue at Guy Carp increased by 4% on the prior year period.

Marsh hires sponsored programs head

Michael Westwood will head the unit which is focused on providing insurance solutions for business networks.

Insurers are wasting unstructured data - CSC, Xchanging

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

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.

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.

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.

Swiss Re’s Smith: NFIP is “unsustainable”

Interview: The National Flood Insurance Program (NFIP) is unsustainable, says Swiss Re’s Americas CEO Eric Smith. He and others are now suggesting that the private sector needs to take up some of the burden to ensure flood protection remains in the US.

Latest Issue

April 2019

 

 In this month's Reactions

  • Hank Greenberg interview
  • Risk Manager spotlight
  • Pitney Bowes roundtable
  • Cyber-market focus
  • Insurtech update
  • Cannabis legalisation

CLICK HERE TO READ THE LATEST ISSUE

 

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