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Latest Lloyd's & London Market News

Blenheim gets green light for new managing agency

Lloyd’s Board approves; regulators approval now sought.

S&P: global insurance industry can ride out the COVID-19 ...

The rating agency said that the insurance industry will be able to survive the coming recession.

Lloyd’s sharpens Future at Lloyd’s focus due to COVID-19

Work on PPL and the digital solution for coverholder business given as priorities for 2020.

Investment returns help Lloyd’s to 2019 profit

Underwriting result also improves, although combined ratio still above 100%.

Brokers seek solutions in a time of crisis

Brokers confront new challenges as COVID-19 impacts both their clients and their own working practices.

Ascot hires four from Neon PI team

The team’s book at Lloyd's will consist of a number of non-U.S. international PI classes.

LIIBA names Aon’s Dudley as new Chair

Replaces Marsh’s Roy White, who will become a deputy.

Lloyd’s to close underwriting room

Closure in line with UK Government Covid-19 advice to avoid all non-essential contact.

ABI – most UK firms not covered for coronavirus impact

Association makes announcement as UK starts to shut down.

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.

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.

Interviews

Assessing the aviation broking landscape post-JLT sale

Peter Elson, CEO of Gallagher Aerospace, discusses with Mark Richardson why expanded competition among brokers in this challenged line is good for clients – and business.

Changing the game on ILS access at Lloyd's

Brit CFO Mark Allan speaks to Reactions' Mark Richardson about the group's new specialty ILS fund and how it could make capital access to Lloyd's easier for ILS investors.

Munich Re betting on Lloyd’s ‘return to innovation’

Munich Re’s Dominick Hoare discusses with Mark Richardson the firm's Syndicate in a Box strategy.

The ‘future’ is now: The John Neal interview

Lloyd's CEO sits down to discuss his vision for the future of the market.

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.

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.

Latest Issue

March 2020

 

In this month's Reactions

  • Feature interview with Zurich's Kathleen Savio
  • Insurance asset management review
  • In depth on re/insurance future leaders
  • InsurTech in focus market update

CLICK HERE TO READ THE LATEST ISSUE

 

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