Insurance Insider - Behind the Headlines
Sam Casey
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Get the inside scoop on the major stories shaping the London Market through discussions with the journalists who broke them, with insights from industry professionals on what these developments mean for the (re)insurance sector.
Épisodes
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Behind the headlines: Nick Hankin on QBE Re’s $6bn reinsurance ambitions 06.08.2026 25minQBE Re has doubled in size since 2020, and plans to double its scale again by 2030 to underwrite $6bnn of business. But how can this continued expansion be achieved in a market undergoing significant softening? According to QBE Re managing director Nick Hankin, the business is not relying on one or two big bets, but is targeting broad-based expansion across product and geography. He told Insurance Insider that QBE Re benefits from harnessing the data and broker partnerships of the wider QBE g... -
Behind the Headlines: Pool Re’s Tom Clementi on the ever-evolving terrorism threat 23.07.2026 25minGovernment-backed terrorism reinsurer Pool Re was established in 1993 to respond to commercial market failure caused by the IRA’s bombing campaign. Since then, the terror threat landscape has changed hugely, and Pool Re has evolved with it. Approaching its next strategic review with the Treasury, what are the top priorities for the organisation? CEO Tom Clementi tells Behind the Headlines that Pool Re will continue to push for more business to return to the private market, reducing e... -
Behind the Headlines: Oak Global’s Cathal Carr on reinsurance recency bias 09.07.2026 28minFollowing a period of dwindling market share for London in reinsurance, reinsurer start-up activity has returned to the Square Mile. One such business is Cathal Carr-led Oak Global, which launched in 2024 and now boasts two syndicates. But why choose to launch in Lloyd’s? Carr told Behind the Headlines how Lloyd’s provided a unique access to capital which was transformational in its launch phase. Discussing market conditions, he said that the soft reinsurance market was operating with “recenc... -
Behind the Headlines: InsurX’s Gilbert Harrap on the evolving world of smart follow 25.06.2026 22minThe enhanced underwriting premium in London, including the smart follow market, has swelled to over $5bn of premium. But what is next for the rapidly evolving smart follow sector in the next phase of the market cycle? In the latest episode of Behind the Headlines, InsurX CEO Gilbert Harrap explains how the company is now rolling out its smart follow technology with lead markets. The company is also continuing to expand into new sectors such as construction. Plus, Insurance Insider’s Samuel Ca... -
Behind the Headlines: Arch’s Hugh Sturgess on the ‘win, win, win’ of facilities 12.06.2026 26minWith cross class facilities having proliferated in London in recent years, how will these structures fare in the next phase of the cycle? Arch has been a major participant in this corner of the market, and Arch Insurance International CEO Hugh Sturgess is optimistic about the long-term performance of the structures. He told Behind the Headlines that facilities are a major net benefit for London, achieving vital efficiency gains and brining new business into the market. In a wide-ranging discu... -
Behind the Headlines: Paul Brand on Convex’s next phase of growth 28.05.2026 26minWhat’s next for Convex following its rapid expansion and $7bn deal with Onex and AIG last year? In his first major interview since the transaction, CEO Paul Brand tells Behind the Headlines how Convex’s lean operating model is built to withstand the pressures of the soft market. Brand also details the rationale for the carrier’s play in the MGA market, and reflects on his longtime executive partnership with Stephen Catlin. And in this episode’s news discussion, Fiona Robertson explains the em... -
Behind the Headlines: Ex-Brit CEO Matthew Wilson on the power of insurance philanthropy 14.05.2026 28minMatthew Wilson’s life was upended when he received a shock blood cancer diagnosis whilst working as CEO of Brit. Since then, he has thrown himself into fundraising to support research for multiple myeloma, founding the Matthew Wilson Multiple Myeloma Fund and chairing Blood Cancer UK. Speaking with Behind the Headlines, Wilson charts the journey of his diagnosis and treatment, and explains how the philanthropic support of the insurance industry has helped to hugely boost funding for multiple ... -
Skuld's Ståle Hansen on managing maritime volatility 30.04.2026 27minHow are marine insurers dealing with the geopolitical turmoil impacting global shipping? According to Skuld CEO Ståle Hansen, insurers are adjusting to a new norm of international tensions, and navigating a complex regime of sanctions. The executive joins Behind the Headlines to discuss the unique mutual model of P&I clubs and Skuld’s commercial diversification strategy, as well as reflecting on the company’s involvement in the Lloyd’s market in the 2010s. With the marine class faci... -
Behind the Headlines: Swiss Re’s Jason Richards on reinsurer retention discipline 16.04.2026 24minThe reinsurance market made huge strides to structurally transform structures and attachment points in recent years. But as the market softens, is discipline being maintained? According to Jason Richards, CEO of P&C reinsurance UK and Ireland at Swiss Re, the market is holding firm on structure, and it is essential to continue this focus. In a wide-ranging interview for Behind the Headlines he also discusses reinsurer considerations in the Middle East conflict, cyber risk, data centres, a... -
Behind the Headlines: Natasha Jodrell on AdA Underwriters’ specialty diversification 02.04.2026 26minWhat comes next for AdA Underwriters as it steps onto the Lloyd’s stage? Launched in 2023 with an initial focus on the upstream energy market, AdA has since expanded into adjacent specialty classes. This year, it reached a major milestone by graduating to a full Lloyd’s syndicate. But the bigger question now is how far it can go. CEO Natasha Jodrell has made clear that the ultimate ambition is to build an independent managing agency, while continuing to attract top-tier underwriting talent. A... -
Behind the Headlines: IUA’s Chris Jones on marine war market’s Iran response 19.03.2026 27minHow has the London insurance market responded to the conflict which has engulfed the Middle East? According to Chris Jones, CEO of the International Underwriting Association, the marine war market has stepped up, and has been offering coverage throughout the crisis, despite the obvious challenges. Chris lifts the lid on how these situations unfold behind the scenes, and highlights that it is safety rather than unavailable insurance which is contributing to the breakdown of trade flows in the ... -
Behind the Headlines: Parsyl’s Ben Hubbard on AI-empowered underwriting 05.03.2026 23min -
Behind the Headlines: LMG’s Caroline Wagstaff on why London must not stand still 19.02.2026 27minWith £187bn of premium written in 2024, £61bn contributed to UK GDP, and a revitalised reinsurance ecosystem, is the London market in danger of getting too comfortable? According to Caroline Wagstaff, CEO of London Market Group, strong performance is no excuse for complacency. In the latest episode of Behind the Headlines, Wagstaff argues that London insurers must continually develop new products to maintain their reputation as innovators, while also addressing demographic challenges by attra... -
Behind the Headlines: Aon’s Joe Peiser on the sheer magnitude of data centre growth 05.02.2026 26minAre data centres really the biggest growth opportunity the insurance industry has ever seen? They’ve burst into the spotlight in recent months, but just how material is this new source of business? According to Joe Peiser, Aon’s CEO of Commercial Risk Solutions, data centres represent the single largest opportunity the industry has ever faced. Speaking on Behind the Headlines, Peiser explains why the sheer scale of these projects — and the insurance limits they demand — is unlike anything the... -
Behind the Headlines: PoloWorks' Paul Andrews on the start-up opportunities in Lloyd's 22.01.2026 25minHave you ever wondered what goes into launching a new syndicate at Lloyd's? The latest Behind the Headlines guest Paul Andrews helped bring three new syndicates to market at the start of the year, and in this episode explains how to navigate the process. According to Andrews, there is a healthy pipeline of start-up activity in Lloyd's in 2026, but budding syndicates need to bring something new to the table in order to succeed. Plus, Insurance Insider's Rachel Dalton comments on a dramat... -
Richard Brindle: the unique matrix of The Fidelis Partnership 08.01.2026 31minWhat is the strategic thinking behind The Fidelis Partnership’s unique business model? According to CEO Richard Brindle the firm is now increasingly perceived by balance sheet reinsurers as a distributor, as opposed to a direct competitor. He tells Behind the Headlines that the diverse structure – including backing from a listed balance sheet, plus two Lloyd’s syndicates and MGA incubator Pine Walk – is the best thing he has built in his career The firm is ploughing ahead with its strategy to... -
Insurance Insider's Adam McNestrie on the stories that shaped 2025 18.12.2025 21minWhat were the defining moments that shaped the insurance market in 2025? In a bonus episode of Behind the Headlines, Insurance Insider's Editor at Large Adam McNestrie provides his unparallelled insight into what he sees as the key developments influencing the sector. The changing of the guard at Lloyd's, Howden's ambitious launch into the US market, and a breakneck cycle of carrier M&A transactions are all on the agenda. Tune in to hear the perspective of a journalist who has occupied a ... -
Axis’s Sara Farrup on aligning fast follow and open market strategy 11.12.2025 24minHow do you harmonise distribution strategies in a rapidly evolving marketplace? Sara Farrup took over as head of global markets at Axis at the beginning of the year, assuming leadership of one of the largest syndicates in Lloyd’s and a major market maker in areas including cyber and renewable energy. In an interview with Behind the Headlines, Farrup explained that it’s essential for fast-follow and open-market strategies to align, as well as being thoughtful about which coverholders to partne... -
Hive's Underwriters' Bruce Carman on navigating turbulence in aviation 27.11.2025 27minNobody likes flying in turbulence, and in recent years aviation insurers have faced their fair share of upheaval. First there was the major claim stemming from the war in Ukraine, and following that a string of claims for the all-risk market in 2025. Launched in 2017, Hive Underwriters has built out despite these challenging conditions, and its CEO Bruce Carman told Behind the Headlines he is eyeing expansion into new classes. He explains how the war market has learned from the Ukraine event,... -
MS Re’s Charlie Goldie on building a reinsurer to manage volatility 13.11.2025 26minMS Re has undergone a period of significant growth in recent years, and expects to top $4bn of GWP in 2025. CUO Charlie Goldie explains on Behind the Headlines that the company’s strategy is to deliver value creation for its parent over the long term, partnering with insurers on a cross-class basis to manage volatility. He said that conditions in casualty reinsurance are improving, but the work is not yet done and underwriters need to keep pushing. Plus Insurance Insider’s Rachel Dalton...
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