Reactions Home

Latest News

Carnegie-Brown new Lloyd's chairman

Moneysupermarket.com Group chairman Bruce Carnegie-Brown will become Lloyd's of London's new chairman in June.

UK P&I posts initial renewal results

The club has not seen a deterioration in loss prevention precautions.

New Chaucer CEO appointed

The Hanover has appointed John Fowle as the chief executive of Chaucer Syndicates.

Analysis: Physical cyber terror damage lacks definition

An increase in state-sponsored cyber attacks will make physical damage hard to define.

Brit profit bounces with investment, FX boost

Profit surged to $157.6m after tax in 2016 at Brit, ten times the previous year’s figure.

LMA publishes Orsa guidance

Keeping the “Own” in the Own Risk & Solvency Assessment is under pressure because of conflicting priorities, the Lloyd’s Market Association has argued.

TMK syndicates enjoys strong 2014

Underwriting income across Tokio Marine Kiln’s three Lloyd’s syndicates was up for 2014 with forecasts for 2015 improving.

Nat cat losses hit Aegis London profits

Aegis Syndicate 1225 saw its profits fall in 2016 as general losses increased.

Miller continues fac expansion

The broker has grown its facultative team with its second hire for the segment within the month.

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.

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: Reinsurers' sleight of hand - FREE

The cheating phase of reserve releases is well underway, but reinsurers' underlying RoEs are reaching new lows, David Benyon, editor of Reactions, writes.

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.

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.

Garry Booth on 35 years of Reactions: 1981 and all that

Reactions’ launch in April 1981 was probably one of the most exciting things to have happened in the market for years, such was the slow pace of life in the reinsurance business at the time.

Editor's comment: Thirty five years of hurt

Welcome to the 35th birthday issue of Reactions magazine.

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.

Interviews

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.

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.

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.

Profiles: Top women in re/insurance

Profiles: Contrary to the diverse consumer base insurance serves, most industry C-suites are dominated by white, older men. Reactions speaks to some of the industry’s most renowned women as well as what can be done to get more women in the industry.

Interview: Novae - Off the to-buy list

Novae can start considering acquisitions rather than being acquired since share value has soared above book value, Novae’s CEO tells Reactions.

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.

Latest Issue

February 2017

reactions-sep  

In this month's Reactions

  • Race to reinsure India
  • The Polar Code
  • ILS market evolution
  • January renewals

Click here to view this issue

 

Follow Us on Twitter @reactionsnet

Catastrophe Centre