Reinsurance News
Reinsurance broking news
Reinsurance broker news, analysis and insight, covering reinsurance broker market trends and opportunities.
Reinsurance brokers have a core role to play in the market, so we frequently cover news related to their activities and also interview senior reinsurance broking executives as well.
Lockton Re hires Cunningham from Liberty to lead NA Property Fac
5th June 2023
Lockton Re, the reinsurance business of the world’s largest privately held independent insurance broker, has announced the appointment of Gregg Cunningham as a Senior Broker and its new North American Property Facultative Leader. Cunningham will be based in New York and will be reporting to Rob McNamara, Senior Broker and North ... Read the full article
Gallagher Re names Linda Johnson as Vice Chairperson for North America
1st June 2023
Global reinsurance broker Gallagher Re appointed Linda Johnson as Vice Chairperson for its North American team, effective immediately. In her new role, Johnson will be responsible for generating new business opportunities for large casualty and structured reinsurance solutions across North America, with a particular focus on the regions of New York ... Read the full article
Miller appoints Lockton International’s Craig McCoig-Lees as part of Asia reinsurance expansion
1st June 2023
Specialist re/insurance broker Miller has appointed Craig McCoig-Lees as a Treaty and Facultative Casualty and Financial Lines specialist broker. In his new role, McCoig-Lees will support the continuing build out of Miller’s Facultative and Treaty reinsurance offering in Asia, with a particular focus on Casualty and Financial lines. The broker has confirmed ... Read the full article
Gallagher Re names new CEO for China & Hong Kong, and Head of Beijing
31st May 2023
Reinsurance broker Gallagher Re has made senior appointments in China, with a new CEO for the Mainland China and Hong Kong business, as it hired Jia Lou from rival Guy Carpenter to take on the role. Jia Lou is a well-known figure in the China insurance and reinsurance marketplace, and has ... Read the full article
Guy Carpenter acquiring Israel reinsurance broker Re Solutions
30th May 2023
Guy Carpenter, the reinsurance broking arm of Marsh McLennan, is set to acquire the leading independent operator in its field in Israel, a brokerage named Re Solutions. Re Solutions was founded in 2010 and has been Guy Carpenter’s correspondent broker in Israel since 2011, meaning this acquisition builds on a strong ... Read the full article
Miller hires Beazley’s Kate Enright as Head of Data
25th May 2023
Re/insurance broker Miller has appointed Kate Enright as Head of Data. As Head of Data, Enright will be responsible for building out the firm’s data and analytics capability, to effectively unlock data value, as well as drive new client solutions, and support Miller in implementing its strategic ambitions. She joins Miller from ... Read the full article
Juan Carlos Gomez promoted to CEO of BMS Re Latin America and Caribbean
16th May 2023
BMS Re, the specialty reinsurance arm of global broking group BMS, has announced the promotion of Juan Carlos Gomez to Chief Executive Officer (CEO) of BMS Re Latin America and Caribbean. Based in Miami, Gomez will take over his new role with immediate effect and will report to Nick Gillett, CEO ... Read the full article
Aon to launch a climate innovation hub in Singapore supported by its EDB
16th May 2023
Aon plc, a global professional services firm, has announced the launch of a new climate innovation hub in Singapore. The hub is supported by the Singapore Economic Development Board (EDB), to help Aon’s clients around the world navigate environmental risks and opportunities. Aon has a longstanding commitment to Singapore. The firm ... Read the full article
Howden set to unify its business under one single management structure
16th May 2023
Howden has announced that it will unify its structure under a single global executive, with insurance broking, reinsurance broking and underwriting reporting directly to the company’s CEO, David Howden. The restructure will be effective from October 1, 2023, and the holding company and broking operations will rebrand under the Howden name ... Read the full article
Gallagher Re confirms departure of CEO James Kent
12th May 2023
James Kent, Chief Executive Officer (CEO) of global reinsurance broker Gallagher Re, is retiring from the company on June 1st, so will not be taking up his new role within Gallagher. Back in March, the firm announced that Tom Wakefield would take over as CEO, with Kent set to transition ... Read the full article
WTW releases IFRS 17 reporting solution
11th May 2023
Global advisory, broking and solutions company WTW has announced the release of its new IFRS 17 based reporting solution, Financial Results Analyzer (FRA). Developed by the company’s Insurance Consulting and Technology (ICT) business, WTW’s Financial Results Analyzer tool is designed to meet the IFRS 17 reporting requirements of re/insurers as they ... Read the full article
Most coverage lines stabilising, D&O holds softest rates: WTW
5th May 2023
WTW, a global advisory, broking and solutions company has released its latest Insurance Marketplace Realities (IMR) report, showing that most coverage lines continue to demonstrate a stabilizing market trend that began in early to mid-2022. While a lot of coverage lines are demonstrating increases, analysts say they are more manageable than ... Read the full article
Arthur J. Gallagher expands fine art expertise with accurART acquisition
4th May 2023
Re/insurance broking firm Arthur J. Gallagher & Co has acquired Switzerland-based fine art insurance broker, accurART. Terms of the transaction were not disclosed. A market-leader in Switzerland, accurART specialises in insurance for private art collections, museums, galleries and for fine art exhibitions. The firm also offers cover for other valuables, which includes ... Read the full article
Aon names Andy Marcell CEO of Risk Capital under new structure
4th May 2023
Global professional services firm Aon has announced the appointment of Andy Marcell to the expanded role of CEO of Risk Capital, covering Commercial Risk and Reinsurance, as part of a push for more integration under its Aon United strategy. The strategy aims to align Aon’s content and creation capabilities around two ... Read the full article
Lockton expands Commercial Wholesale team with Simon Jesson’s hire
4th May 2023
Independent insurance broker Lockton has announced the appointment of Simon Jesson as Business Development Manager to its Commercial Wholesale team based in Manchester. Jesson is to start his new role with immediate effect. He will be responsible for developing new business as the company continues to grow the number of clients ... Read the full article
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