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Latest Specialty & Other Lines News

Start-up broker plots major client wins off D&I pledge

Protecdiv looking to compete with world's leading brokers for top-tier corporates by appealing to their diversity targets.

Fitch: Price hikes to benefit Bermuda reinsurers

April (Asia focused) and June (Florida focused) 2020 renewals are ripe for more sizable reinsurance rate increases.

Silent Cyber: More Specialism Required

Not all policy exclusions are created equal – and some have not yet been tested, says Jennifer Braney.

AGCS appoints new specialty CUO

Replaces Paul O’Neill who left AGCS in 2019.

LMA names Jane Hayes underwriting director

Hayes joins from Zurich Insurance where she was most recently CUO EMEA.

Hyperion X adds trio of leaders

Analytics boost for RKH reinsurance broking team.

U.S. specialty re/insurance broker Protecdiv launches

Firm targeting $100m in revenue in five years.

Davies adds insurance law division with acquisition

Legal solutions to become fourth arm of HGGC-backed group.

Chaucer appoints new CRO

Penny Shaw stepping down as Chief Risk Officer on 31 March.

Comments

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.

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.

Solar storm warning: 30 mins and counting

Garry Booth comment: The UK will have as little as 30 minutes warning of a potentially catastrophic solar storm striking the earth, according to a report from the Government’s Department for Business Innovation and Skills.

Reinsurance facing fundamental reshaping

The reinsurance industry could be coming up to a fundamental market reshaping, says WIllis Re in its 1st Review of the January 1 renewals.

Fosun agrees to buy Meadowbrook

Chinese holding company Fosun Intl has agreed to buy US insurer Meadowbrook for $433m

Comment: Insurers' reserves cushion eroding

Tower Group's downgrade in October has sparked speculation about whether other firms will follow suit and bolster their reserves also. What is clear is insurers and reinsurers have increasingly less room for error, says Reactions' managing editor Michael Loney.

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

Marsh hires sponsored programs head

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

Africa in focus

Africa Re’s group managing director and CEO, Corneille Karekezi, gives his perspective on the outlook for the continent’s reinsurance markets.

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.

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.

Canopius looks to Singapore for growth

Interview: Inga Beale says Singapore is going to a big area of strategic growth for Lloyd’s insurer and reinsurer Canopius, as less business makes its way to the London market.

Interview: Lori Fouché, CEO of Fireman’s Fund

Fireman’s Fund is celebrating its 150th anniversary this year. But its recent history has been turbulent, with the US insurer having to rebuild trust with its German parent Allianz. Lori Fouché is confident the firm is now set for a period of strong profitability.

Profile: Ace Middle East and North Africa

Steve Dixon, Ace’s regional managing director for the Middle East and North Africa (MENA) suggests that the Arab Spring has spurred the insurer into pursuing new facultative reinsurance opportunities within the region.

Latest Issue

December/January 2020

Dec Jan Cover  

In this month's Reactions

  • Women's Executive Forum roundtable
  • Emerging risks 2020 report
  • 2019 global catastrophe map
  • D&O market update

CLICK HERE TO READ THE LATEST ISSUE

 

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