Reactions Home

Latest Insurance News

Women’s pay still lagging

Insurance industry officials still see hindrances in women’s pay and promotion opportunities and say they need men’s co-operation to move forward.

AIG to acquire Glatfelter

AIG has agreed to buy US broker, Glatfelter for an undisclosed sum.

Lloyd's makes a profit, but down on previous year

Lloyd’s of London has announced a pre-tax profit of £588m for the first half of 2018.

Insurtech advancing L&H data AI

Insurtech transactions reached a new peak in the second quarter of 2018 - exceeding $5bn - thanks to AI advances in the sector giving insurers more tools to predict risk and utilise new data.

EY Roundtable 2018

Read about EY's roundtable on re/insurance's technological revolution.

Sweeney new chief underwriter at RSA

RSA’s UK and international business appoints Adrian Sweeney as chief underwriting officer.

Cioppa appointed to non-voting FSOC role

Eric Cioppa will succeed New Jersey commissioner Peter Hartt in Financial Stability Oversight Council (FSOC) role.

R&Q takes control of two legacy portfolios

Randall & Quilter has acquired a European and US firm in run-off as part of their "active" 2018 plan.

AIR caps private market Florence loss at $4.6bn

Hurricane Florence is shaping up to be more of a precipitation event than a wind-driven one, AIR Worldwide has predicted.

Comments

Editor's comment: What does the future have in store?

Reaction's editor Andrew Putwain reflects on his experiences in the market thus far.

Editor's comment: GDPR: which insurer will be whacked first?

Financial institutions are in a tizzy regarding the EU's General Data Protection Regulation due to its steep fines and extensive requirements- who will be the first insurers to feel the sting?

Editor's comment: What could have been...

Reactions editor Christopher Munro considers what might have been with England at the World Cup and Bermuda's role in the re/insurance industry.

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.

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

September 2018

 

In this month's Reactions

  • Monte Carlo preview
  • Pina Albo interview
  • Albert Benchimol interview
  • Christian Mumenthaler interview
  • Urs Baertschi interview
  • CEO Risk Forum
  • Arch Capital Group Roundtable
  • Run-off focus
  • Asset management report
  • Brexit - deal or no deal?

CLICK HERE TO READ THE LATEST ISSUE

 

Follow Us on Twitter @reactionsnet

Catastrophe Centre

Catastrophe Centre