When AIG sold its majority stake in Transatlantic Holdings, the reinsurer’s chief executive Robert Orlich saw the silver lining. Here he talks about shaking off negative associations and what the group plans to do with its new-found freedom
The two largest reinsurance brokers, Aon Benfield and Guy Carpenter, are slugging it out in the fight to win clients and place business. At the Monte Carlo Rendez-Vous, David Sandham met the chief executive of each firm.
The battle for merger with IPC gripped the industry earlier this year, with initial frontrunner Max Capital eventually being usurped by hostile challenger Validus. David Sandham met with the chief executives of these two worthy opponents to hear their take on the fight.
Risk taking: we all do it, but some of us are are more skilled at it than others. But what would you rather do? Drive in an F1 race, gamble at cards – or underwrite at Lloyd’s? By Lauren MacGillivray and Mark Glendenning
Catastrophe losses are getting more and more expensive. Population growth and increasing wealth compound exposures while a changing climate causes more frequent and severe events. Ronald Gift Mullins asks, “Who should pick up the tab?”
It has been called “China’s Hurricane Andrew”. Following the Sichuan earthquake in China, Helen Yates asks how future events could be better insured and whether a government-backed catastrophe pool could be the solution.
If New York’s Insurance Exchange was such a failure in the 1980s, why would regulators want to recreate a similar one today? Ronald Gift Mullins discovers that many people think the time is now right to establish a “Lloyd’s” in NYC.
The opportunities in the Gulf are compelling, but you’ve got to be there if you want a slice of the action. Two groundbreaking conferences in the region looked at the opportunities and challenges. Helen Yates reports.