MIND THE GAP

Mind the gap…

There are now only three listed Lloyd’s (re)insurers so it’s particularly noteworthy when one initially falls over fourteen percent on the same day one of the others leaps over seven percent.

Mark Watson and Ed Noonan

Argo: Just a coincidence?

The timing of the Watson and Noonan departures may not have any significance but the Argo vacancy could be attractive for a seasoned executive looking for a platform in a fast-improving market dynamic…

Apollo and Athene

Flexible friends

Apollo’s recent news and RenRe’s continued pre-eminence are reminders that the provision of capital and originating and underwriting risk are flexible partnerships. They work best when there is a strong alignment of interest…

Philipp C. Kleyser – Compre

Life vs non-life run-off: a tale of two markets

As legacy transactions creep higher up the German political agenda, Compre’s head of business generation and MD of Germany and Austria, Philipp Kleyser, describes the benefits of run-off transactions for (re)insurers and governments…

Donkey – Lloyd's

Lloyd’s: All creatures great and small

Memo to Lloyd’s: AIG’s new syndicate and the large 2020 pre-emptions of blue-chips like Hiscox and Beazley is excellent news. But don’t neglect the small guys….

US commercial Insurance

The retail aggregation opportunity

The program fronting model could be at the forefront of an explosion of new activity as distributors look to more efficiently bring pools of risk to reinsurers.

Boston, USA

Time to get religion

Aside from a strong public stand by select reinsurers in Florida at mid-year renewals, most of the talk in 2019 has been about traction in the primary insurance market.

Stampede

IGI should be applauded as it runs towards the stampede

In his autobiography “My life and hard times”, the creator of Walter Mitty, James Thurber, writes of a fine day in Spring 1913 when his town of Columbus, Ohio was temporarily gripped with insanity.

Businessman falling

The Fall Guy

If soon-to-depart European Central Bank president Mario Draghi thought he would receive a warm congratulatory speech and a gold clock as he prepares to step down from his post, he was gravely mistaken. Instead, in the form of an interview this week with The Financial Times, Draghi has been roundly ...

John Neal – The Future at Lloyd's

A long journey…

Yesterday John Neal unveiled his widely anticipated blueprint for his transformation programme, The Future at Lloyd’s.

William Wharton – Argo

Leadership is key to achieving diversity

As the industry digests the revelations from last week’s international Dive In festival – insurance’s biggest event promoting D&I to date – Argo’s head of insurance in Bermuda, William Wharton, shares the benefits leaders can affect by fostering a diverse and inclusive workforce…

Jeremy Corbyn addressing crowd

Corbyn’ cold shoulder as the Brexit monster continues to dominate

Yesterday morning the UK Prime Minister Boris Johnson returned from New York, his trip cut short by the unexpected Supreme Court ruling that his temporary closure of Parliament (or proroguing in political language) was illegal.

San Diego

Time for the E&S market to stand up and deliver

This year’s WSIA annual marketplace, which starts in San Diego today, comes amid a surge of new business and widespread price increases that are creating the hardest market many will have experienced in their careers.

Light bulbs

Taking the initiative forward

Luzi Hitz, CEO, and Eduard Held, head of products, at Perils consider how the industry initiative will build on the successes of the last decade.

Tom Booth, CEO of Darag

European legacy remains competitive and strong

Over the past decade, as the impact of Solvency II capital requirements has become evident, continental insurers have warmed to the solutions offered by legacy providers. The established legal frameworks, with UK Part VII transfers just one example, have aided the expansion of the sector. Legacy companies and their clients ...

Data

New data standards for a new era of risk

The positive impact of catastrophe data exchange formats, such as the RMS Exposure Data Model (EDM) and Results Data Model (RDM), and other vendor formats, is a testament to the pioneering work carried out in the first decades of cat modelling. But the (re)insurance industry now requires a new data ...

Property data

The property data revolution

Many traditional exposure models are unfit for purpose. High resolution data tools can take property underwriting to the next level, says Jason Futers, CEO, Insurdata.

Boris Johnson – Lloyd's

Britain’s new Prime Minister and the cunning Lloyd’s fraudster

Boris Johnson swept into 10 Downing Street this summer. The (re)insurance industry is naturally focused on his government’s negotiations with the EU over the UK’s exit but he also has an intriguing connection with the Lloyd’s market that goes back almost 30 years…

Regional growth analysis

Solving for X

Following The Insurer’s exclusive coverage of Hyperion X Analytic’s reinsurance market analysis published on Sunday, David Flandro explains how the newly launched data and technology business differs from competitors.

Johnathan Spry – Envelop

Lloyd’s not-so silent cyber clean up provides reinsurance opportunity

Co-founder and chief executive of cyber-focused Insurtech and MGA Envelop Risk, Jonathan Spry, applauds Lloyd’s mandate to eliminate non-affirmative or “silent” cyber risks and predicts it could provide a fillip for the nascent cyber reinsurance market…