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Awards

The Reactions London Market Awards and the Reactions Global Awards are prestigious events that highlight top-class performance and innovation within the global insurance industry. They reward the achievements of companies and individuals and help to raise standards across the industry. They help firms to differentiate themselves from competitors and show their clients that they are a cut above the rest.
 
Both events are produced annually and attract a large audience of highly distinguished insurance professionals. The awards are widely recognised for their rigorous and independent judging process and for recognising the true leaders within the industry.
 
For further details regarding the awards programmes for 2011 please contact:
Goran Pandzic on +1 212 224 3711 or email gpandzic@euromoneyny.com



Reactions Global Awards 2011 winners revealed

The world’s best insurers, reinsurers, brokers, service providers and individuals were revealed to a packed crowd at the Reactions Global Awards Dinner 2011 at the Wall Street Cipriani in New York on September 27.

Ace retained its crown from last year by again taking home the biggest award in the insurance companies section, winning the title of Best Global Insurance Company. The insurer’s chief executive, Evan Greenberg, also emerged victorious to win the Insurance CEO of the Year award.

On the reinsuring side, Scor triumphed again in the Best Global Reinsurance Company category, while Swiss Re’s Stefan Lippe was honoured as Reinsurance CEO of the Year for 2011.

Among the broking community, the biggest honours fell to Aon Benfield and Marsh & McLennan, which won the Best Reinsurance Broker and Best Global Insurance Broker awards respectively.

The two broking firms’ chief executives also cleaned up in their respective categories: Aon Benfield’s co-CEO Dominic Christian won Reinsurance Broking CEO of the Year; and Marsh & McLennan’s Brian Duperreault took the gong for Reinsurance Broking CEO of the Year.

In a year in which natural catastrophe modelling overhaul has been cited as having a large impact on the insurance industry, the title of Influential Individual of the Year fell to Risk Management Solutions (RMS)’s president and chief executive Hemant Shah.

The Lifetime Achievement prize was awarded to Pat Ryan, founder and former executive chairman of Aon and now chairman and chief executive of brokerage Ryan Specialty Group.

This year Reactions celebrated its 30th anniversary, awarding the title of Most Influential Person of the Past 30 Years to Maurice “Hank” Greenberg, while Greenberg’s former company American International Group (AIG) Most Influential Firm of the Past 30 Years.

The official sponsor for the awards was Goldman Sachs Asset Management and the category sponsors were Deloitte and Dewey & LeBoeuf.

Click here for the full list of winners.


Winners of London Market Awards revealed

The winners of the Reactions London Market Awards 2011 were announced on June 30 at a gala dinner at the Grange City Hotel. The awards – in association with event sponsor Goldman Sachs Asset Management and category sponsors AJ Gallagher and Guy Carpenter – recognise the best insurance, reinsurance and broking teams in the London insurance market, as well as service providers and the market’s outstanding personalities.

The awards were presented by Will Greenwood, England’s rugby world cup winner in 2003.

Kiln, Aon Benfield and Guy Carpenter stood out in the team awards.

Kiln won three awards for property reinsurance, motor reinsurance and facultative reinsurance. Aon Benfield won four awards for property reinsurance broking, marine and energy reinsurance broking, motor reinsurance broking and reinsurance broking analytics. Guy Carpenter won three awards for casualty reinsurance broking, aviation reinsurance broking and facultative reinsurance broking.

The night ended with the presentation of prestigious company and individual awards.

Chartis added to two wins in the team categories by winning Insurance Company of the Year, an award category sponsored by Arthur J Gallagher. Hannover Re won Reinsurance Company of the Year. JLT won Insurance Broker of the Year. And Aon Benfield capped a great night by walking off with the Reinsurance Broker of the Year award.

In the individual categories, Novae’s Matthew Fosh won Insurance Company CEO of the Year, a category sponsored by Guy Carpenter. Scor’s Denis Kessler won Reinsurance Company CEO of the Year. Marsh’s Martin South won Insurance Broker CEO of the Year, while Cooper Gay Swett & Crawford’s Toby Esser won Reinsurance Broker CEO of the Year.

Some of the emerging talents in the London market were recognised with the awards of Young Underwriter of the Year to Nick Jones of Apollo and Young Broker of the Year to Anshuman Srivastava of Aon Benfield.

In the last three categories of the evening, Richard Brindle, CEO of Lancashire, won Industry Personality of the Year, Andrew Beazley was posthumously honoured with a special award for industry contribution, and Lord Levene won the award for lifetime achievement. Levene is standing down as chairman of Lloyd’s later this year after nine years in the role.

“Today everyone comes to Lloyd’s,” said Levene when accepting the award. “What I tried to do as the first non-insurance chairman was to clock up a number of flight hours and sell the unique attraction of Lloyd’s. I think we can say the power of the brand has never been higher.”

For the full list of winners, click here.


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Global Awards 2010 winners revealed

The world's best insurers, reinsurers, brokers, service providers and individuals were revealed in front of a packed crowd at the Reactions Global Awards Dinner 2010 at the Wall Street Cipriani in New York on September 30. 

For the full list of winners click here.

To view photos from the reception and dinner, click here.

To view photos of the winners collecting their awards click here.

To download a photo, left click to enlarge it, and then right-click on the image and choose 'Save Picture As'.

Ace scooped the biggest award in the insurance companies section, taking the title of Best Global Insurance Company. Michael McGavick, CEO of XL Group, received acknowledgement of his efforts to turn XL around, winning the Insurance CEO of the Year award.

French reinsurer Scor fought off competition from its European rivals to take the Best Global Reinsurance Company award for the first time. Patrick Thiele, who retires as CEO of PartnerRe at the end of the year, won the Reinsurance CEO of the Year award for the second year running.

Aon dominated the broking categories. It scooped the awards for Best Global Broker as well as Aon Benfield winning Best Global Reinsurance Broker. Joe Plumeri, CEO of Willis, received the Insurance Broking CEO of the Year award, while Toby Esser, CEO of Cooper Gay, won Reinsurance Broking CEO of the Year.

The evening ended with Don Kramer, non-executive chairman of Ariel Re, receiving the Lifetime Achievement award. Kramer has been behind the launch of many firms in the industry, including NAC Re, Tempest Re and Ariel Re. Kramer has been a pivotal figure in the insurance and reinsurance industry and in the development of the Bermuda market in particular. He stood down as CEO of Ariel Re earlier this year.
 

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Winners of Reactions London Market Awards 2010 revealed

The winners of the Reactions London Market Awards 2010 were announced on June 30 at a gala dinner at the Grange City Hotel. The awards - sponsored by Guy Carpenter and RSA - recognise the best insurance, reinsurance and broking teams in the London insurance market, as well as service providers and individual awards. The awards were presented by Sir Geoff Hurst, world cup winning legend of 1966.

CLICK HERE TO SEE THE FULL LIST OF WINNERS

To view photos from the reception and dinner, click here.

To view photos of the winners collecting their awards click here.

To download a photo, left click to enlarge it, and then right-click on the image and choose 'Save Picture As'.

In the insurance company team categories, QBE Europe and Starr Underwriting Agents did the best, both scooping two awards. QBE Europe won best insurance company team overall and best insurance company team underwriting casualty, while Starr Underwriting Agents won best insurance company team underwriting marine and best insurance underwriting company team underwriting aviation. There was personal glory for Amlin CEO Charles Phillips, who scooped the insurance company CEO of the year.

The reinsurance company team categories were split between three firms – XL Re, Scor and Transatlantic Re. XL Re won best reinsurance company team for casualty and aviation. Scor won best reinsurance company team for motor and facultative. Transatlantic Re won best reinsurance company of the year, while its CEO, Paul Bonny, won reinsurance company of the year.

In the insurance broking categories RK Harrison and Aon did the best. RK Harrison scooped the marine and overall categories, while Aon won the property and aviation categories. 

Aon's reinsurance broking arm, Aon Benfield, also had a successful night scooping six team awards, while its international CEO Dominic Christian won reinsurance broking CEO of the year.

In the individual categories Ferma's Peter Den Dekker won corporate risk manager of the Year, Catlin's Jodie Arkell won young underwriter of the year, Aon Benfield's Simon Coles won young broker of the year and Travelers' Barnabas Hurst-Bannister won industry personality of the year. The evening concluded with the award for lifetime achievement, which went to Montpelier Re's Anthony Taylor.
 

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Global Awards 2009 winners revealed

The world's greatest insurers, reinsurers, brokers and service providers were revealed at the Reactions Global Awards 2009 at the Cipriani Wall Street in New York on September 24.

To view photos from the event, click here. To download pictures, right-click on the image and choose "Save As".

In the insurance section, European-based firms dominated the awards with Allianz, Zurich and Mapfre winning three of the six categories available. Evan Greenberg, CEO of Ace, scooped the award for insurance CEO of the year.

German reinsurer Hannover Re stood out in the reinsurance category, scooping the award for best global reinsurance overall and best global reinsurance company for specialty lines.

Bermudian firms were also well represented at the event. RenaissanceRe had a strong showing, picking up awards for best reinsurance company for property and best Bermuda market company. While Patrick Thiele, CEO of PartnerRe, was named reinsurance CEO of the year.

Brian Duperreault, CEO of Marsh and McLennan, won the award for best insurance broking CEO of the year for his sterling work in turning the company around after a recent rocky past. Andrew Appel, CEO of Aon Benfield, won the reinsurance equivalent, a sign of the way he has led the firm since Aon Re and Benfield merged last year.

In the service providers category, Goldman Sachs and Deutsche Bank picked up awards for best investment bank and best asset manager respectively. AM Best was voted the best rating agency and RMS picked up the award for best risk modelling firm.

Individuals also received awards for outstanding merit and achievement. Hank Greenberg, chairman and CEO of CV Starr & Co, who won the award for lifetime achievement at last year's awards, was named most influential individual of the year. And James Schiro, the retiring CEO of Zurich Financial Service Group, was given the award for lifetime achievement.

The event sponsor for the awards dinner was CV Starr, and category sponsors were Dewey & LeBoeuf and Guy Carpenter.


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Winners of Reactions London Market 2009 revealed

The cream of the London insurance market was revealed on June 30 in front of a packed crowd at the Reactions London Market Awards Dinner, in association with official event sponsor Starr Underwriting Agencies.

The winners, judged by an independent panel from the London market, picked up their awards at the Grange City Hotel in London, in front of a crowd of 300 of the London market's biggest names.

Click here to download photos from the event. To download a photo, click through to it, and then right-click on the image and choose 'Save Picture As'.

A wide array of firms won the 42 awards available. UK powerhouse RSA beat off strong competition to take Insurance Company of the Year, QBE Re won Reinsurance Company of the Year, RK Harrison won Insurance Broker of the Year and Willis Re won Reinsurance Broker of the Year.

In other awards, Tokio Marine's acquisition of Lloyd's insurer Kiln scooped Company Merger of the Year, Perils AG won Innovative Product/Service of the Year, the Lloyd's Electronic Claims File initiative won Technological Initiative of the Year and Lloyd's won Claims Team of the Year.

In the service providers section, Barlow Lyde & Gilbert won Law Firm of the Year, Deutsche Bank Asset Management won Asset Manager of the Year, Standard & Poor's won Rating Agency of the Year, and Ernst & Young won Accountancy Firm of the Year.

The night was capped off with five individual awards.

Julia Graham of DLA Piper was recognised for her wealth of experience and work with Airmic, the UK risk managers association, with her award for Corporate Risk Manager of the Year.

Jon Foley, executive underwriter at Ascot, won Rising Star for Underwriting, while Steven Firmin of Guy Carpenter won Rising Star for Broking.

Sean McGovern, director and general counsel at Lloyd's, won Future Industry Leader, while Rolf Tolle, franchise performance director at Lloyd's won Industry Personality of the Year.

The night was capped off with the award for Lifetime Achievement, won by a familiar and popular face in the London Market - Peter Grove.

Grove has worked in the London insurance and reinsurance market since 1966 and has been a lead underwriter on reinsurance and retrocession business for more than thirty years. He joined QBE when Limit was acquired by QBE in 2000, and was appointed chief underwriting officer in 2004.  He retires at the end of the year.


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Reactions Global Awards 2008

The world's best insurers, reinsurers, brokers and service providers were revealed at the Reactions Global Awards 2008 in New York on August 26. The winners received their awards at a glamorous dinner in the prestigious Rainbow Room, on the 65th floor of The Rockefeller Center.

Click here to see the winners from the Reactions Global Awards 2008.


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Reactions London Market Awards 2008

The London market's best insurers, reinsurers and brokers were revealed in front of a packed crowd at the Reactions London Market Awards Dinner on June 12.

Click here to see the winners from the Reactions London Market Awards 2008.

For more catastrophe reports, data and news, click through to the RMS/Reactions Catastrophe Centre.

Poll

Catastrophe bond issuance was $4.3bn in 2011. How much new issuance will there be in 2012?

Less than $3bn
0%
$3bn-$4bn
36%
$4bn-$5bn
27%
$5bn-$6bn
9%
$6bn-$7bn
18%
More than $7bn
9%

Quote

If last year was the year of the cat, then this year could be the year of the debt crisis.

Mike Van Slooten, head of international market analysis at Aon Benfield