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Latest Lloyd's & London Market News

Hiscox partners with InsurTech on liability cat risk models

For use within the insurer’s London Market casualty business.

GC hires Fac UK Managing Director from WTW

New position created in wider realignment around geographic regions.

Talbot names new CFO

Will replace Nigel Wachman who retires from Talbot in September 2020, after 20 years’ service.

Atradius appoints UK commercial head

Will report to recently appointed UK & Ireland regional director Stuart Ramsden.

Lloyd's gives up three U.S. admitted licences

Exits the U.S. Virgin Islands, Kentucky and Illinois to focus on core markets.

Capsicum Re appoints new chairman

Replaces Grahame Chilton who is returning to the wider Gallagher business.

North P&I calls for action on crew repatriation

P&I firm highlights what seafarers are going through during the coronavirus crisis.

PPL usage hits record high in Q2

Figures revealed for risks bound and user logins.

Beach appoints new transportation executive

Williamson to join from Chesterfield to develop transportation portfolio.

Comments

Legacy market relief for COVID-19 woes

DARAG's Dan Linden on why the run-off market is seeing an uptick in enquiries.

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.

Interviews

Returning to equities with caution

Pool Re’s Ian Coulman on difficult decisions facing CIOs.

Life’s a Beach

Rise in demand, Aon/Willis deal paint a rosier picture for reinsurance broking, says Beach CEO Jason Howard.

MGA conduit that’s made to measure

Industry veteran Bill Jewett explains why his new company Obsidian is indeed cutting-edge.

Postlewhite: Leading in the age of COVID-19

QBE Re’s new Managing Director discusses taking on the position during the coronavirus and how it will affect the reinsurance sector.

BMS’ Cook vows COVID-19 won’t stop recruitment drive

Growing broker to continue building out global platform as it looks to benefit from any Aon-Willis talent fallout.

BGCI: Coronavirus won't halt M&A plans

Broking group eyes opportunities from the Aon-Willis merger, including Miller.

Inefficiencies need not be endemic of Lloyd's - Victor

New syndicate 2288 will be about “trying to reinvent insurance for the modern age,” says Victor International’s president.

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.

Latest Issue

May 2020

 

In this month's Reactions

  • Special report on the impact of COVID-19
  • Insurance CIO perspectives
  • Construction market review
  • LatAm in focus

CLICK HERE TO READ THE LATEST ISSUE

 

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