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Latest Casualty/Liability News
Investment Gains Boost Travelers Q4 Results
Combined ratio improves to 88.7%.
Brazil’s Reinsurers Struggle Amid COVID-19
Economic uncertainty leads AM Best to maintain its negative outlook.
Premium Growth in India Holds up Despite Downturn
Solvency concerns remain among carriers however, Moody’s says.
COVID-19 Trio Tops Global Business Risks
Long underestimated pandemic risk rockets to No. 1 in rankings.
Insurers: New Rules for E-scooters Needed
Carriers want speed limits, strengthened safety rules, better infrastructure.
Rating Actions Unlikely After BI Ruling
But claims costs will rise as a result of the decision, Fitch says.
UK Insurers on the Hook for Pandemic BI Claims
Litigation landslide on the way as Supreme Court finds for policyholders.
Hamilton Re Names New Head of Casualty
SVP moves to Bermuda from AXA XL in Dublin.
Age-old Problem for Korean Carriers
The doubling of its elderly population by 2040 could pose big problems for domestic insurers: Moody’s
Interviews
Life’s a Beach
Rise in demand, Aon/Willis deal paint a rosier picture for reinsurance broking, says Beach CEO Jason Howard.
Postlewhite: Leading in the age of COVID-19
QBE Re’s new Managing Director discusses taking on the position during the coronavirus and how it will affect the reinsurance sector.
Talking cyber and mindful mitigation
AIG’s Greg Vernaci on cyber liability pricing, affirming coverage and why ransomware needs to be considered a top threat by all organisations.
BMS’ Cook vows COVID-19 won’t stop recruitment drive
Growing broker to continue building out global platform as it looks to benefit from any Aon-Willis talent fallout.
Rolling with the changes
RPS President Joel Cavaness discusses how the E&S business faces one of its biggest challenges to date.
BGCI: Coronavirus won't halt M&A plans
Broking group eyes opportunities from the Aon-Willis merger, including Miller.
Changing risks, challenging times
Alan Jay Kaufman, Chairman, President and CEO of H.W. Kaufman Group, discusses the current state of the market and mitigating against COVID-19 developments.
Inefficiencies need not be endemic of Lloyd's - Victor
New syndicate 2288 will be about “trying to reinvent insurance for the modern age,” says Victor International’s president.
Assessing the aviation broking landscape post-JLT sale
Peter Elson, CEO of Gallagher Aerospace, discusses with Mark Richardson why expanded competition among brokers in this challenged line is good for clients – and business.
Latest Issue
October 2020
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Comments
A risk management framework for less liquid assets
SLC discusses the importance of a robust and holistic risk management framework.
COVID-19 impact in other sectors can infect insurance industry
Kroll Bond Rating Agency's (KBRA) Peter Giacone on how second and third order impacts of the pandemic will affect the insurance industry.
Silent cyber – no longer silent?
Guy Carpenter executives explain how carriers’ appetite and new case law have led to clearer affirmation in cyber policies.
Editor's note: You get what you pay for
Granting coverage that wasn't accounted for is wrong in every sense of the word.
Be strong. Be fair. Be creative.
Reactions’ Editor-in-Chief on why right now, a little mercy can go a long way.
Why ‘PRIA’ can’t just be TRIA
The federal backstop cannot serve as an off-the-shelf solution for Pandemic Risk Insurance, Jason Schupp writes.
Small business, big exposure
Ransomware attacks: A million-dollar threat for SMEs.
ESG: The hidden D&O/E&O risk
Ascot’s Kenny Li talks about what can happen when asset managers invest outside their mandate.
Editor's comment: What does the future have in store?
Reaction's editor Andrew Putwain reflects on his experiences in the market thus far.