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Latest Specialty & Other Lines News

London carriers in UK election share price jump

Result expected to provide more certainty with regards to Brexit.

Marsh hires four to aviation practice

Firm to hire three brokers and an account manager.

Five directors to exit Argo board amid Voce pressure

Chairman Gary Woods among the five directors set to step down at the next AGM in March.

InsurTech Wefox raises $110m in funding

Berlin-based InsurTech has now raised $235m in Series B funding this year.

S&P reveals Convex performance expectations

Ratings agency assigns group an A- financial strength rating.

Online cat placement taking off

W.R. Berkley commends efficiency gains.

Fitch: Call for action on silent cyber

Property and Casualty (P/C) insurers remain "inhibited" by their exposure to non-affirmative cyber risk.

Lloyd's sells £300m of debt to fund Blueprint One

Technology and Transformation Committee launched to tackle market's digital transformation.

LIIBA to launch new Broker Placing Committee

Lloyd’s broker body to wind up Broker Placing and Electronic Development Committee and PPL Broker Panel at the end of this year.

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

November 2019

November Cover  

 In this month's Reactions

  • Lloyd's CEO John Neal
  • Reactions' North America Conference
  • Reinsurance Conference Special Reports
  • Aviation Market Update

CLICK HERE TO READ THE LATEST ISSUE

 

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