Opinion

In every discipline in finance, an income producing asset is thought to be worth the net present value of its expected future cash flows. Outside of periods of manias and bubbles where the greater fool theory predominates, this is about as uncontroversial and as canonical as you can get.

Innovation. Possibly the most ubiquitous (re)insurance buzzword of the past few years and yet many observers complain this industry isn’t doing it enough.

There is a very good reason why business people rarely go to trial on matters involving staff.

In a comparison that you should only attempt if you have a French accent, Scor chairman and CEO Denis Kessler once quipped that traditional reinsurance was the wife of the insurance world, while ILS was the mistress.

Forging CTMA and the Standard Syndicate into a dedicated Lloyd's run-off player would add useful new capacity.

Aviva’s Tulloch confronts existential questions amid Brexit fears.

Further significant deals will likely follow AJG's planned purchase of JLT Aerospace.

The myriad Brexit flowcharts now appearing in UK dailies are beginning to look as complicated as a Heath Robinson or Rube Goldberg invention but without the humour.



I always feel a twinge of sympathy whenever I see yet another executive team such as Argo’s put in the crosshairs of activist investors.



The market won't let you consolidate to infinity.

Not many of our readers will know this about me, but I used to be a competitive cheerleader.

Sometimes you can’t help but get yourself in hot water despite your best intentions.