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Latest Specialty & Other Lines News

AM Best affirms ratings of Fairfax & subsidiaries

Stable credit rating given in addition to affirmation.

GC hires Fac UK Managing Director from WTW

New position created in wider realignment around geographic regions.

Protecdiv sets sights on Tier-1 broker position

Kael Coleman, Founder and CEO of Protecdiv, talks to Reactions.

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

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

Aon releases June global catastrophe recap report

Various disasters covered in report, including $1.25bn damage from Canada hailstorm.

American Club & ABSG: maritime cyber security important

Two join forces in call for more education and training plus insurance guidance.

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.

Comments

Thriving in a tough environment

The MGU business model is agile enough to continue growing while others struggle, according to Brad Emmons, President & CEO of Orchid Underwriters.

Legacy market relief for COVID-19 woes

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

Small business, big exposure

Ransomware attacks: A million-dollar threat for SMEs.

Editor's comment: What’s good for the Beatle …

Why Bermuda remains inspiring for Reactions’ Editor-in-Chief.

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.

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.

Solar storm warning: 30 mins and counting

Garry Booth comment: The UK will have as little as 30 minutes warning of a potentially catastrophic solar storm striking the earth, according to a report from the Government’s Department for Business Innovation and Skills.

Reinsurance facing fundamental reshaping

The reinsurance industry could be coming up to a fundamental market reshaping, says WIllis Re in its 1st Review of the January 1 renewals.

Fosun agrees to buy Meadowbrook

Chinese holding company Fosun Intl has agreed to buy US insurer Meadowbrook for $433m

Interviews

MGA conduit that’s made to measure

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

Talking cyber and mindful mitigation

AIG’s Greg Vernaci on cyber liability pricing, affirming coverage and why ransomware needs to be considered a top threat by all organisations.

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.

Rolling with the changes

RPS President Joel Cavaness discusses how the E&S business faces one of its biggest challenges to date.

One plus one equals (much) more

Bryan Sanders explains the combination of Markel's Assurance, Specialty U.S. insurance divisions.

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.

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.

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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