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Reactions Awards

01 May 2009

The Reactions London Market Awards and the Reactions Global Awards are prestigious events that highlight top-class performance and innovation within the global insurance industry. They reward the achievements of companies and individuals and help to raise standards across the industry. They help firms to differentiate themselves from competitors and show their clients that they are a cut above the rest.
 
Both events are produced annually and attract a large audience of highly distinguished insurance professionals. The awards are widely recognised for their rigorous and independent judging process and for recognising the true leaders within the industry.
 
For further details regarding the awards programmes for 2009 please contact Siham Ammoura on +44 (0)20 7779 8487 or email sammoura@euromoneyplc.com

Vote now for Reactions’ Global Awards 2009


Reactions is aiming to identify the best insurance, reinsurance, and broking firms, as well as the industry's best leaders and service providers for its Global Awards 2009. The winners will be revealed in front of a packed crowd in New York on September 24, at the Ciprianni Wall Street.

Vote now by clicking here.

Now in their eighth year, the Reactions Global Awards recognise the best firms and people in the global insurance industry. The survey only takes a few minutes, and by completing the survey your name will be entered into a draw to win a crate of wine, courtesy of Reactions.

The only rule is you cannot vote for the company you work for, or any affiliated companies. 

Have your say now.


 


Best of London market revealed at Reactions dinner

The cream of the London insurance market was revealed on June 30 in front of a packed crowd at the Reactions London Market Awards Dinner, in association with official event sponsor Starr Underwriting Agencies.

The winners, judged by an independent panel from the London market, picked up their awards at the Grange City Hotel in London, in front of a crowd of 300 of the London market's biggest names.

Click here to download photos from the event. To download a photo, click through to it, and then right-click on the image and choose “Save Picture As”.

A wide array of firms won the 42 awards available. UK powerhouse RSA beat off strong competition to take Insurance Company of the Year, QBE Re won Reinsurance Company of the Year, RK Harrison won Insurance Broker of the Year and Willis Re won Reinsurance Broker of the Year.

In other awards, Tokio Marine's acquisition of Lloyd's insurer Kiln scooped Company Merger of the Year, Perils AG won Innovative Product/Service of the Year, the Lloyd's Electronic Claims File initiative won Technological Initiative of the Year and Lloyd's won Claims Team of the Year.

In the service providers section, Barlow Lyde & Gilbert won Law Firm of the Year, Deutsche Bank Asset Management won Asset Manager of the Year, Standard & Poor's won Rating Agency of the Year, and Ernst & Young won Accountancy Firm of the Year.

The night was capped off with five individual awards.

Julia Graham of DLA Piper was recognised for her wealth of experience and work with Airmic, the UK risk managers association, with her award for Corporate Risk Manager of the Year.

Jon Foley, executive underwriter at Ascot, won Rising Star for Underwriting, while Steven Firmin of Guy Carpenter won Rising Star for Broking.

Sean McGovern, director and general counsel at Lloyd's, won Future Industry Leader, while Rolf Tolle, franchise performance director at Lloyd's won Industry Personality of the Year.

The night was capped off with the award for Lifetime Achievement, won by a familiar and popular face in the London Market - Peter Grove.

Grove has worked in the London insurance and reinsurance market since 1966 and has been a lead underwriter on reinsurance and retrocession business for more than thirty years. He joined QBE when Limit was acquired by QBE in 2000, and was appointed chief underwriting officer in 2004.  He retires at the end of the year.

The full list of winners is:

INSURANCE COMPANIES
Insurance Company of the Year underwriting Political Risk - Chubb
Insurance Company of the Year underwriting Casualty - QBE
Insurance Company of the Year underwriting Property - Ecclesiastical
Insurance Company of the Year underwriting Marine - Starr Underwriting Agencies
Insurance Company of the Year underwriting Energy - Ascot
Insurance Company of the Year underwriting Aviation - Global Aerospace
Insurance Company of the Year - RSA

REINSURANCE COMPANIES

Reinsurance Company of the Year underwriting Political Risk - Transatlantic Re
Reinsurance Company of the Year underwriting Casualty - Brit
Reinsurance Company of the Year underwriting Property - Amlin
Reinsurance Company of the Year underwriting Marine - Swiss Re
Reinsurance Company of the Year underwriting Energy - Ascot
Reinsurance Company of the Year underwriting Aviation - Liberty
Reinsurance Company of the Year - QBE Re

INSURANCE BROKERS 
- category sponsored by RSA
Insurance Broker of the Year broking Political Risk - Miller
Insurance Broker of the Year broking Casualty - Aon
Insurance Broker of the Year broking Property - AJG
Insurance Broker of the Year broking Marine - Marsh
Insurance Broker of the Year broking Energy - Lockton
Insurance Broker of the Year broking Aviation - Willis
Insurance Broker of the Year - RK Harrison

REINSURANCE BROKERS
 - category sponsored by Starr Underwriting Agencies
Reinsurance Broker of the Year broking Political Risk - Aon Benfield
Reinsurance Broker of the Year broking Casualty - Guy Carpenter
Reinsurance Broker of the Year broking Property - Aon Benfield
Reinsurance Broker of the Year broking Marine - Guy Carpenter
Reinsurance Broker of the Year broking Energy - Willis Re
Reinsurance Broker of the Year broking Aviation - Aon Benfield
Reinsurance Broker of the Year - Willis Re

DEALS AND INITIATIVES
Company Merger of the Year - Tokio/Kiln
Technological Initiative of the Year - The Lloyd's Electronic Claims File
Innovative Product/Service of the Year - Perils AG
Claims Team of the Year, sponsored by Barlow Lyde & Gilbert - Lloyd's of London

SERVICE PROVIDERS
Law Firm of the Year - Barlow Lyde & Gilbert
Asset Manager of the Year - Deutsche Bank Asset Management
Rating Agency of the Year - Standard & Poor's
Best Accountancy Firm - Ernst & Young

INDIVIDUAL AWARDS
Corporate Risk Manager of the Year, sponsored by RK Harrison
 - Julia Graham, DLA Piper
Rising Star for Underwriting, sponsored by Under 35's Reinsurance Club
 - John Foley, Ascot

Rising Star for Broking, sponsored by Under 35's Reinsurance Club
 - Stephen Firmin, Guy Carpenter

Future Industry Leader - Sean McGovern, Lloyd's
Industry Personality of the Year - Rolf Tolle, Lloyd's
Lifetime Achievement, sponsored by Guy Carpenter - Peter Grove


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Reactions Global Awards 2008

The world's best insurers, reinsurers, brokers and service providers were revealed at the Reactions Global Awards 2008 in New York on August 26. The winners received their awards at a glamorous dinner in the prestigious Rainbow Room, on the 65th floor of The Rockefeller Center.

Click here to see the winners from the Reactions Global Awards 2008.





Reactions London Market Awards 2008

The London market's best insurers, reinsurers and brokers were revealed in front of a packed crowd at the Reactions London Market Awards Dinner on June 12.

Click here to see the winners from the Reactions London Market Awards 2008.


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Poll

How big would insured catastrophe losses this hurricane season have to be to move reinsurance pricing up?

$0-15bn
7%
$15bn-$30bn
12%
$30bn-$50bn
38%
$50bn-$75bn
31%
$75bn-$100bn
7%
>$100bn
5%

Quote

CEOs won’t move prices until they see blood in the street and have the concern that some of it might be theirs.

Tom Bolt, director of underwriting performance at Lloyd’s of London