David Benyon | Editor | Global Reinsurance

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David Benyon
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- News
Iran conflict: Naval mines and escort uncertainties to DFC, Chubb scheme
Uncertainties about provision of naval escorts and Iranian threats from mines, drones and missiles face the new marine re/insurance facility announced yesterday by the US International Development Finance Corporation
- News
Iran conflict: War amplifies specialty insurance tail risk, says Moody’s
Missile and drone attacks in the Gulf are increasing tail risk for marine, aviation and political violence insurers, but disciplined underwriting and reinsurance protection mean large carriers are expected to absorb most losses, according to a new sector analysis
- News
Iran conflict: Chubb to lead $20bn DFC marine reinsurance for Gulf shipping
Political and military uncertainties remain for the US government backed facility aiming to restore maritime trade flows through Strait of Hormuz
- News
Oasis SaaS aims to promote choice and safeguard independence in cat modelling
Dickie Whitaker, chair of Oasis SaaS, says the new platform is designed to expand choice in catastrophe modelling, giving re/insurers and brokers access to multiple views of risk rather than relying on a small number of vendor sources
- News
Iran conflict: Marine insurers weigh risk along with maritime industry as Strait of Hormuz traffic collapses
War risk cover remains available, but cancellations, spiking pricing and reinsurance withdrawals have contributed, alongside risk perception of insureds, to sharply reduce tanker transits through one of the world’s most important energy chokepoints
- News
Iran conflict: Fairmont Palm and DXB attacks reveal coverage gaps for Dubai terrorism buyers
Exclusive: UAE businesses struck by Iranian missile and drone attacks, including Dubai International Airport and Fairmont The Palm, bought terrorism policies rather than broader war or political violence protection
- News
Behind the memes – Instagram’s ‘The Hard Market’
The industry insider behind ‘The Hard Market’ – the internet’s ‘official unofficial source for insurance industry truths, memes, and mayhem’ – speaks to GR editor David Benyon about going beyond the laughs to enact real change for the profession
- News Agenda
Willis Re appoints new London claims boss
The former Brit claims leader and Standard Syndicate 1884 managing director joins the reinsurance broker
- Analysis
Takaful faces market awareness challenge: Even some people who work in it don’t know what it does
The Takaful and Re/Takaful sector has an image problem and general lack of awareness about what it can do, according to speakers at DWIC 2019
- AIR
Natural catastrophe insured losses “highest ever” in 2017 – Swiss Re
Reinsurer Swiss Re said Hurricanes Harvey, Irma and Maria had resulted in combined insured losses of $92bn, equal to 0.5% of US GDP
- News
Maritime firms fear cyber-attack supply chain breakdowns, XL Catlin warns
Attacks on ports such as Antwerp raise concerns about cyber risk and its effects on resilience, according to specialty insurer XL Catlin
- News
Define data first, clean up second – Mazars
With Europe’s GDPR rules on information privacy inbound, Mazars is busy advising clients on their priorities to meet the compliance deadline
- News
Why insurance buyers aren’t seeing more insurtech options
“Customer inertia” is driving insurtech firms to partner alongside traditional players, perhaps explaining why more new entrants haven’t emerged
- News
Brexit: Lloyd’s Brussels prepares for launch
The London insurance market thinks its Lloyd’s Brussels company will offer corporate clients and stakeholders certainty and continuity despite Brexit
- News
Fraudulent instruction cyber threat emerges
Cyber insurer Beazley has warned about a rise in fraudulent instruction scams
- News
Transformative tech is outrunning risk awareness, EY study warns
Forensic data analytics and AI tech bring risks as well as transformation, a new report from consulting firm EY cautions
- News
EU tax haven blacklist continues crackdown
Panama, South Korea and the UAE are among 17 jurisdictions on the EU’s list of supposed tax havens, while Bermuda made its “grey list”
- News
Pace of change accelerating – Lloyd’s CEO
No silver bullet for adapting to technology trends, Beale warned, but denial is not the answer
- Analysis
Roundtable debate: has London lost its grip?
Regional hubs are challenging London’s traditional place at the centre of the reinsurance universe

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