All Comment articles – Page 9

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  • Tony Ursano – NYIF 2019

    Ursano appointment signals more deals at Hamilton


    Tony Ursano’s return to the market as Hamilton Insurance Group CFO after his recent TigerRisk exit may from the outside look a little left field. But the appointment of a deal maker suggests the Bermudian may not be done with M A after its transformative Pembroke and Ironshore Europe transaction. ...

  • Bermuda, Hamilton

    Bermuda bellwether for market again


    For a small island some 800 miles off the Carolinas, Bermuda has punched above its weight to carve out a position as a key (re)insurance center over the last 35 years.

  • Swiss Re Corporate Solutions

    Other People’s Payback…


    A veteran underwriter provided The Insurer with a succinct definition of one of those rare phenomena: a hard market.

  • Boris Johnson and Darius Guppy – Lloyd's

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


    Boris Johnson has been appointed leader of the Conservative Party and tomorrow will meet the Queen before sweeping into 10 Downing Street as Britain’s 54th Prime Minister since Sir Robert Walpole.

  • Golden goose

    Emulate not end the Pool Re golden egg…


    Next week the UK will have a new Prime Minister. Whether it is current favourite Boris Johnson or his challenger Jeremy Hunt, the new First Lord of the Treasury will arrive at Ten Downing Street to inherit the failed Brexit process, a divided country and a minority in Parliament. If ...

  • US commercial Insurance

    Market psychology points to sustained pricing shift


    It will not come as any surprise if a strong theme of the upcoming Q2 earnings season is bullish commentary from insurers on US commercial insurance pricing.

  • Pool Re Mind the Gap

    Pool Re edges closer to closing the terrorism protection gap


    News today of Britain’s state-backed terrorism reinsurer Pool Re’s £40mn ($50mn) retro placement for non-damage business interruption (NDBI) following a terrorist attack marks the latest step in the organisation’s journey towards closing the insurable gap for UK firms.

  • S&P and AM Best

    The rating agency paradox: rewarding those who cut prices…


    It is a long-established paradox that the industry’s de facto global regulators – rating agencies AM Best and S P – use premiums written rather than net exposures relative to capital as a measure of financial strength. The outcome of this approach is that if insurers cut rates in ...

  • John Neal – Goldman Sachs, McKinsey & Company, Deloitte, EY and Freshfields

    Choosing the right partners…


    John Neal has impressed many with his first nine months at the helm. He has made a conscious effort to re-engage with brokers, has deployed a “come and let’s chat” approach at odds with predecessors who were criticised by some for aloofness. He has also created a vision and an ...

  • lloydsbuidlinglandscape_6

    Misrepresenting the market?


    It could be argued that Lloyd’s CEO John Neal has achieved more in a matter of months than his predecessor Inga Beale did over the course of her five years in the role.

  • Aviation

    New aviation entrants prepare for take-off…


    News today of the launch of BGC’s new aviation broking intermediary is the latest in a series of developments for a sector which has had a busy – and at times turbulent – start to the year.

  • CEA – Golden Gate Bridge

    CEA seeks better balance between prevention and protection


    Over the last two decades the California Earthquake Authority (CEA) has become one of the largest buyers of property cat reinsurance globally.

  • Dan Glaser and Vicky Carter – London

    MMC helps London point to the positives after a year of bleak messaging…


    This week sees the return of Marsh and McLennan’s (MMC) biennial gathering of talented, rising professionals who come to London from different continents for two days to hear from world class speakers on critical topics challenging the industry culminating in a show stopping gala dinner with stadium-filling superstars (such as ...

  • XL Group

    XL’s injunction not “sneaky” in support of arbitration clause in UK D&O Policy


    In a reassuring move for London market (re)insurers, the UK’s courts are imposing a wide jurisdiction to restrain foreign proceedings under insurance contracts bound by a London arbitration provision…

  • Litigation genie

    Beware the consequences of the litigation genie…


    In July, Judge Freedman will deliver his decision in the infamous poaching dispute between Gallagher and the Ardonagh subsidiaries in the UK High Court. It is a legal battle that has gripped observers of the London market with its revelations of a secret six-figure loan, offensive emails, clandestine meetings ...

  • Willis Towers Watson – insurtech

    The technology tipping point?


    This week The Financial Times ran an interesting piece which riffs on the theme of hardening attitudes amongst insurers towards their investment in insurtech projects.

  • Hurrican Irma – Florida

    Behaviour matters in Florida renewal


    The commoditization of the property cat product became a recurring theme of the long soft market for reinsurance in recent years.

  • Tom Johansmeyer – ILW

    What happens when an ILW trigger underdelivers? A critical look at 2018…


    Last year the industry was reminded of the importance of using accurate loss data triggers for ILWs. Will the lesson be learnt, asks Thomas Johansmeyer, co-head of PCS.

  • E David Burt – Bermuda

    Finally some good news for Bermuda…


    It’s not been a great year thus far for Bermuda’s (re)insurance industry and, by extension, the island’s economy.

  • Key price predictions for remainder of 2019 i

    A psychological shift


    As with broad market transitions of the past, there doesn’t appear to be any one catalyst driving what looks to be a long-awaited change in the US commercial insurance market.