Reinsurance News
BMS Group
BMS Group integrates EigenPrism into iVision platform
2nd April 2026
BMS Group, an independent insurance and reinsurance broker, has partnered with EigenRisk to integrate the EigenPrism platform into its catastrophe risk management system, iVision. The integration introduces additional functionality to iVision’s GIS-based analytics, including real-time event data, expanded access to external data providers, and updated reporting features. These changes are intended ... Read the full article
James Pearce joins BMS Cyber team as Senior Broker
23rd January 2026
BMS, an independent insurance and reinsurance broker, has announced the appointment of James Pearce as a Senior Broker, Cyber, reporting to Daniel Leahy, Cyber Practice Leader. Pearce brings to his new role extensive experience in the placement of complex Cyber Liability, Tech Errors & Omissions (E&O) and Cyber Property Damage risks ... Read the full article
BMS expands into India with new strategic partnership
17th December 2025
BMS Group has announced a strategic partnership with Berns Brett India, signalling its expansion into the Indian market, with the local entity set to be rebranded BMS (India) Ltd pending regulatory approval. Nick Gillett, CEO of BMS International, commented, “BMS’s regional investments from Turkey to India show the focus we are ... Read the full article
Ranji Sinha to lead newly launched BMS (DIFC) as broker strengthens commitment to the region
16th December 2025
Global insurance and reinsurance broker BMS Group Ltd has officially launched BMS (DIFC) Ltd after the receipt of all necessary Licence and Regulatory Approval. The specialist re/insurance broker launched its Middle East operation with the acquisition of United Arab Emirates (UAE) insurance broker, Berns Brett Masaood (now BMS Masaood), back ... Read the full article
Economic impact of Melissa could reach 30–250% of Jamaica’s GDP: BMS
29th October 2025
BMS has warned that the total economic impact of Hurricane Melissa could reach 30–250% of Jamaica’s GDP, potentially triggering a deep recession, widespread unemployment, a sharp decline in tourism, and severe strain on local banks and insurers, placing heavy pressure on public borrowing to fund recovery efforts. After making landfall near ... Read the full article
Innovation and technology key to narrowing protection gap: Henchoz at PwC RVS event
8th September 2025
Innovation, technology, and a culture of experimentation are essential for the reinsurance industry to close the protection gap, said Jean-Jacques Henchoz, Chairman of the Board at BMS Group and former Hannover Re CEO, speaking at PwC’s annual breakfast briefing during this year’s RVS in Monte Carlo. Despite industry efforts to narrow ... Read the full article
Janine Seifert named Managing Director, Strategy and Advisory at BMS Re
2nd July 2025
BMS Group, an independent global insurance and reinsurance broker, has announced the appointment of Janine Seifert as Managing Director of Strategy and Advisory at BMS Re, the reinsurance division of BMS Group. In her new role, Seifert will be based in BMS Re’s Miami office. She brings nearly two decades of reinsurance ... Read the full article
BMS expands in Australia with acquisition of Corporate and Commercial Insurance Brokers
1st July 2025
The independent specialist insurance and reinsurance broker, BMS Group, has expanded its global presence with the acquisition of Queensland-based Corporate and Commercial Insurance Brokers. Founded in 2006, Corporate and Commercial Insurance Brokers is a property broker providing risk management advice and insurance broking services to large, privately owned organisations. According to the ... Read the full article
FortressFire, BMS and EPIC launch Fine Art Wildfire Insurance Program in California
30th June 2025
FortressFire, a provider of wildfire analytics and property-specific protection services, brokers BMS Group and EPIC have come together to launch the Fine Art Wildfire Insurance Program to protect high-value collections in California. This product, officially introduced in June 2025, has been designed for property owners with valuable collections, offering tailored wildfire ... Read the full article
BMS Group acquires Turkish re/insurance broking firm Oria
22nd May 2025
BMS Group, an independent global insurance and reinsurance broker, has expanded its presence in the Turkish market with the acquisition of Istanbul-based Oria Sigorta ve Reasürans Brokerliği A.Ş. Owned and Chaired by Cenk Erden, Oria is an independent re/insurance broking firm with an established strong presence in the local business environment. Since ... Read the full article
Tornado outbreak likely costliest US severe weather event of 2025
21st May 2025
In what is currently regarded as the costliest severe weather event of 2025, a widespread tornado outbreak across the U.S. Midwest and Southeast has resulted in substantial economic and insured losses, with Cotality estimating that approximately 63,000 properties may have been damaged nationwide and total reconstruction costs nearing $16 billion. The ... Read the full article
BMS appoints former Hannover Re CEO Henchoz as Chairman
8th April 2025
BMS Group, an independent specialist insurance and reinsurance broker, has appointed Jean-Jacques Henchoz, who recently left his role as Chief Executive Officer (CEO) of large European reinsurer Hannover Re, as Chairman of the Board, effective May 1st, 2025. Henchoz brings 27 years of experience within the global reinsurance industry to the ... Read the full article
BMS completes acquisition of Spanish broker Rasher
20th March 2025
After obtaining regulatory approvals, BMS Group has now completed its acquisition of Spanish insurance broker Rasher, which specialises in surety, credit, finance and risk management solutions for corporate clients. Readers may recall BMS announcing its planned acquisition of Rasher in December 2024. At the time, the firm's CEO highlighted strategic alignment ... Read the full article
BMS appoints Genna Biddell as MD & Head of London P&C Re
13th February 2025
Independent insurance and reinsurance broker BMS has appointed Genna Biddell as Managing Director and Head of London P&C Re. Biddell joins BMS from Howden Re, where she was Managing Director of the North American wholesale property treaty team. Throughout her 25-year career, Biddell has also previously held North American property treaty ... Read the full article
Insured losses from LA wildfires likely to exceed $25bn: BMS
15th January 2025
Specialist insurance and reinsurance broker BMS Group has noted that, while it is too early to provide a credible insured loss estimate for the Los Angeles wildfires, the total is likely to exceed $25 billion. In a new report on the matter, Andy Siffert, Senior Vice President and Senior Meteorologist at ... Read the full article
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