Richard Henry, His Royal Highness Prince Michael of Kent,

Lex Liquidity Reserve Launch

Richard Henry in conversation with His Royal Highness Prince Michael of Kent at the Russo British Chamber. It was at this event that Richard delivered his presentation on the new innovative product, Lex Liquidity Reserve. This product will create an enhanced provisioning mechanism for balance sheets.  

Swiss Re reports loss, expects big price rises

A rise in insurance premiums, especially in areas affected by recent hurricanes and disasters, will help Swiss Re Ltd. recover from almost half a billion dollars of losses in the first nine months of this year, it said on Thursday. “We expect those program that have been hit by losses to clearly respond in a significant fashion,” Chief Financial Officer …

Richard Henry, Lanzarote RC44 Regatta, Cam Appleton, Ross Halcrow, Rosco

Lanzarote RC44 Regatta

CEO Richard Henry enjoyed a great day out at the Lanzarote RC44 Regatta. Pictured here with America’s Cup sailors, Cam Appleton and Ross Halcrow (Rosco) just before the onset.  

The Market Terms

Looking at the recent storms and Lloyd’s data, I see that (re)insurers are now facing a very changed market. The combination of market opinion and modelling agencies are suggesting that global market will suffer an aggregate insured loss of between $100bn and $125bn over recent hurricane events. This compares to an unindexed insured loss of $41bn for Katrina in 2005. …

Stew Hosford, Alex Thomson, Ward Woods

Screening of The Hugo Boss advert

Richard Henry and his son, Ronan, recently joined Stew Hosford (CEO of Hugo Boss), Alex Thomson (Hugo Boss skipper) and Ward Woods of Tenerife to discuss business followed by a repeat screening of  The Hugo Boss advert. Watch the video here