Maze globe

Meeting the climate challenge: the #ReinsuranceMonth debate

2021-09-16T11:42:00+01:00

In the absence of the annual market gatherings that typically take place at this time of year, The Insurer’s #ReinsuranceMonth has sought to facilitate debate and discussion around critical industry issues throughout the month of September.

Masayoshi Son

A visionary investment?

2021-09-15T13:01:00+01:00

Masayoshi Son is the possessor of at least two accolades which make his strategic moves worth studying.

Saul Fox and Kenan Lucas

Fox lobs ball back in activist’s court

2021-09-14T13:17:00+01:00

Global Indemnity chairman Saul Fox and his recently revamped management team have presented a tantalising vision of a significant turnaround that would see the insurer transform from an industry laggard to a top-performing E&S specialist with a share price and valuation to match.

Argo, Capital Returns and Voce png

When lightning strikes twice…

2021-09-13T15:09:00+01:00

Argo’s revamped management and board could have been forgiven for thinking that they had consigned the threat of activist investor action to history after a bruising battle with Voce Capital Management that only ended after the exit of CEO Mark Watson and a series of governance reforms.

WTW

Willis Towers Watson – so what is different this time?

2021-09-10T13:23:00+01:00

Wind the clock back six weeks to breakdown day, when the termination of the Aon-Willis Towers Watson (WTW) transaction was announced, and there was a sense that the John Haley-led firm was in disarray.

9-11

The darkest hour…

2021-09-08T12:13:00+01:00

This weekend will mark the 20th anniversary of the 9/11 terrorist attacks on the World Trade Center – a vile, catastrophic event that continues to shape the world we live in today and which at the time extracted a huge human and financial toll on the (re)insurance sector.

Re month collage

Welcome to #ReinsuranceMonth

2021-09-01T14:05:00+01:00

Welcome to the start of The Insurer’s #ReinsuranceMonth 2021 and our first of five weekly editions.

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Hurricane Ida: Factors that could drive up the industry loss bill

2021-08-30T14:06:00+01:00

Hurricane Ida has provided the most severe test of the city’s rebuilt levee system since its failure following Katrina, which led to widespread flooding and more than 1,800 deaths.

program manager masthead

Growth, growth and more growth

2021-08-26T13:22:00+01:00

Far from a summer lull, the last few weeks have seen a surge in activity spanning fundraising, M&A, program launches and platform building in the US program sector.

WTW-Icons

ICT appeal

2021-08-25T14:45:00+01:00

In the aftermath of the 2016 merger of Willis and Towers Watson one area of synergistic opportunity identified was for reinsurance broker Willis Re to leverage the analytical capabilities of its new stablemate to enhance its offering to insurance carrier clients.

IM-AccreditedSymposium-CIAB-Namic-APCIA-WSIA-TargetMarkets

Back to a virtual world?

2021-08-24T13:48:00+01:00

Next month was supposed to signal a return to the normality of face-to-face meetings on a large scale as the fall conference season in the US got under way. But postponements are already beginning to trickle through for smaller events, and there are concerns that some flagship industry meetings may ...

Saul Fox and Kenan Lucas

Can activist outfox Saul?

2021-08-20T15:23:00+01:00

This publication has previously noted its scepticism that a standard activist investor playbook against Global Indemnity and its powerful chairman Saul Fox will prevail. But with Harbert Discovery Fund looking to up the ante ahead of a 13 September investor day, could a more aggressive approach expose vulnerability in Fortress ...

Tysers for sale sign

Up-for-sale Tysers and the JLT vacancy…

2021-08-20T07:29:00+01:00

Just as now, industry chatter in the late nineties often focused on the frenzy of broker M&A. 

WillsRe-KarkMar

Is Willis Re a Marxist paradise?

2021-08-16T14:34:00+01:00

There is a case to be made that investment banks such as Goldman Sachs or Morgan Stanley are corporate examples of Marxism in action.

Climate change 4

Don’t mock – Lloyd’s is right to take a climate lead

2021-08-10T07:43:00+01:00

Yesterday, a UN climate panel published a landmark report on global warming which secretary-general António Guterres described as “code red for humanity”.

COP26 flag

COP26: an opportunity for the industry to prove its relevance with joined-up thinking

2021-08-09T09:27:00+01:00

With this November’s COP26 talks now less than three months away, the P&C industry is continuing to debate and formulate the role it should play in helping meet some of the challenges posed by climate change.

Moody's and RMS

Moody’s sees profit in climate change but a warmer front may be required

2021-08-06T15:03:51.563+01:00

Catastrophe modelling, perhaps more than any other facet of the (re)insurance sector, presents formidable barriers to entry. Yesterday, Moody’s secured its entry into the space via its acquisition of market leader RMS – but it came at a substantial price.

Hiscox copy

US digital opportunity takes centre stage as Hiscox looks to future

2021-08-03T13:16:00+01:00

This morning’s earnings announcement from Hiscox, which saw the group join the ranks of those posting a significant consensus beat for the period, marked the end of an era for the London-listed carrier.

Willis Re – North America

Crunch time for WTW to resolve Willis Re future

2021-07-31T00:23:00+01:00

Willis Towers Watson and its CEO John Haley have a short window to resolve the future of Willis Re or risk mass defections and value destruction as the mood within the ranks of the reinsurance broker risks rapidly souring in the aftermath of its sale to Gallagher being called off.

Lloyd's greenwash

Lloyd’s takes step forward on climate action but protests likely to continue

2021-07-29T12:10:00+01:00

Climate protests are an increasingly frequent sight on Lime Street. Only yesterday a so-called Insurance Rebellion protestor daubed the Lloyd’s building with green paint, which followed a stink device protest last month and the dumping of fake coal outside the building in April.