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Risk modellers duke it out

The gloves were off at the 7th Annual Reactions Latin America Re/Insurance Forum in Miami as representatives from three of the top cat modellers debated the accuracy of their estimates from last year’s hurricanes.

Reactions unveils 2018 LatAm winners!

Reactions announced the winners of its 2018 Latin America Awards in the Four Seasons Hotel Miami on Thursday evening.

Lessons to be learned for LatAm incumbents

Changing corporate culture is not as easy as it may seem, but can insurtech firms teach incumbent insurers some lessons on how it’s done?

Clock ticking for Puerto Rico payouts

Only a third of claims have been paid out in Puerto Rico (pictured) following Hurricane Maria, setting the island up for further disaster if another hurricane hits.

Q&A – Steven Beard, RFIB

RFIB’s parent company CC TopCo has rebranded to Risk Transfer Group (RTG) with the newly named entity setting its sights on doubling its revenues to £100m by 2021. Reactions spoke with RTG and RFIB’s chief executive Steven Beard to learn more.

Diversity: LGBT is more than just a four letter word

Moves to raise diversity and inclusiveness within the insurance industry while also attracting new talent are more intertwined than many would think, but achieving these goals will take some effort.

AIG appoints Mercer's Sun as new China CEO

Mercer's chief executive for Hong Kong and the South and East China region Lisa Sun is joining AIG China in a new appointment.

JLT Specialty USA readies M&A warchest

JLT Specialty USA has a dedicated team in place and the funds available to boost its impressive growth with further mergers and acquisitions.

PCI backs international standard setting bill

The Economic Growth, Regulatory Relief and Consumer Protection Act is controversial in its rollback of certain Dodd-Frank regulations, but PCI sees it as a win for the US re/insurance industry and its system of state-based regulation.

Comments

Senior reporter comment: After Brexit - FREE

It’s no exaggeration to say that in London on the morning of Friday June 24, there was an outbreak of grief, heartbreak and tears, following the news that Brexit had triumphed in the referendum and the UK was set to leave the EU.

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.

Editor's comment: Protectionism and Brexit - FREE

Protectionism is about the worst enemy that re/insurance faces, aside from Armageddon at the hands of war or natural catastrophe.

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.

Editor's comment: China’s coming of age - FREE

China’s assets managed by insurers have doubled within four years, reaching around $2.1trn.

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.

Americas editor comment: Latam growth elusive - FREE

Once the leading lights of the Latin American re/insurance industry departed the Ritz Carlton resort in Miami following our recent event, a couple of key issues stuck in the mind.

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.

Interviews

Mount Agnung losses expected to be low so far

A major eruption of Mount Agnung in Indonesia could cause more than $70bn in economic losses, but insured losses are expected to be low.

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.

Interview: Chris Cotterell of Safeonline

One of the first brokers to build a book of cyber business, Chris Cotterell explains that the cyber market has come full circle.

Insurers are wasting unstructured data - CSC, Xchanging

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

Xceedance targets a new outsourcing model

Xceedance CEO Arun Valakrishnan highlights the wealth of Indian tech talent that re/insurance businesses are failing to employ.

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.

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.

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.

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.

Latest Issue

May 2018

 

In this month's Reactions

  • CIO Perspectives
  • Peter Röder interview
  • Dominic Addesso interview
  • Political risk report
  • Ivan Gonzalez interview
  • Digitisation in London
  • Michael Watson interview
  • Demian Smith interview

CLICK HERE TO READ THE LATEST ISSUE

 

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