As well as Insurance Times winning another award, it’s been a week with an international flavour for the markets editor of sister publication Global Reinsurance
The Insurance Times team attends the PTC New Talent Awards at The Brewery in London. Several of the team are shortlisted for awards, and our marketing whizz Lizzie Telford snatches victory from several worthy opponents.
A few sore heads today, and my head is now ringing with some rather tragic ’90s dance music. So there is no better day to begin examining the 61-page summary of the Dodd-Frank Act and the effect it will have on US insurers. Reading it does make me question again why insurers are being tarred with the same brush as the banking industry.
I have a coffee with ACE Tempest Re International’s head of continental Europe, Matthias Meyenhofer, and discuss the agenda for Global Reinsurance’s upcoming roundtable in Zurich. The day continues with an international flavour, as I book my belated honeymoon to Antigua and St Lucia.
I speak to a source in the USA who says M&A will “undoubtedly” hit the US insurance market as insurers struggle against a low interest-rate environment, with flat growth prospects compounded by a struggling US economy.
I interview Willis Re Bermuda managing director and president of Willis Re North America James Kent about how international brokers are dealing with the economic instability.
Lauren Gow is markets editor for Insurance Times’s sister title Global Reinsurance. For all news, analysis and opinion from the reinsurance industry, go to globalreinsurance.com