Reinsurance News

Reinsurance broking news

Reinsurance broker news, analysis and insight, covering reinsurance broking market developments, 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.

Guy Carpenter appoints Phil Xue as MD and COO for Mainland China and Hong Kong

12th June 2026

Guy Carpenter, the global risk and reinsurance specialist and a business of Marsh, has announced the appointment of Phil Xue as Managing Director (MD) & Chief Operating Officer (COO) for Mainland China and Hong Kong, effective 1st of August 2026. Xue brings more than 20 years of experience across the insurance ... Read the full article

John Fletcher named CEO of Willis Re Bermuda

11th June 2026

Willis Re, the reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, has hired John Fletcher from Guy Carpenter to serve as Chief Executive Officer (CEO) of its Bermuda platform, effective immediately. Fletcher brings more than 35 years of reinsurance and retrocession experience to the role, and is ... Read the full article

Willis Re hires Jim Summers from Guy Carpenter as Global Specialties CEO

10th June 2026

Willis Re, a reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, has hired Jim Summers from rival broker Guy Carpenter to lead its Global Specialties operation, effective immediately. Summers assumes responsibility for strategic direction and driving growth across all specialty classes globally as CEO of the business. Working ... Read the full article

Property cat ROL declines accelerate at June 1 reinsurance renewal: Howden Re

1st June 2026

Reinsurance broker Howden Re reports that on a weighted-average basis, risk-adjusted property catastrophe rates decreased by up to 25% at the June 1 reinsurance renewal, an acceleration from the -14.7% and -16% declines the firm recorded at the January and April renewal periods, respectively. Howden Re's risk-adjusted property catastrophe reinsurance rate-on-line ... Read the full article

Plenty of capital in the Australian reinsurance market, aggregate appetite returns: Grant Hollyman

26th May 2026

Grant Hollyman, CEO for Australia and New Zealand at reinsurance broker Gallagher Re, highlighted a shift in Australia’s property reinsurance market, with reinsurers showing increased appetite for aggregate covers despite them remaining difficult to purchase. In an interview with Reinsurance News, Hollyman discussed the current state of the Australian property reinsurance ... Read the full article

Cedents set to benefit from recent wave of M&A activity: Willis Re

21st May 2026

According to Willis Re, a reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, the recent wave of mergers and acquisitions (M&A) across the global reinsurance sector is expected to be broadly positive for cedents, as larger and better-capitalised reinsurers emerge without a significant reduction in market ... Read the full article

Christian Howell joins Willis Re to help spearhead global life reinsurance entry

14th May 2026

Christian Howell is joining Willis Re, a reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, as a member of the senior team responsible for spearheading its launch into the global life reinsurance sector. Most recently, Howell served at Macquarie Asset Management, where he worked as the Head ... Read the full article

InsurTech enters higher funding phase as AI dominates, says Gallagher Re’s Andrew Johnston

7th May 2026

In a recent interview with Reinsurance News, Andrew Johnston, author of the InsurTech Quarterly report series and Global Head of InsurTech at reinsurance broker Gallagher Re, discussed how investment trends, artificial intelligence, and emerging liability risks are reshaping the insurance and reinsurance market. To start, Johnston highlighted a clear shift ... Read the full article

Willis Re hires Richard Jones from Gallagher Re to lead Asia operations

30th April 2026

Richard Jones is set to join Willis Re, a reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, from Gallagher Re in October 2026, subject to all regulatory approvals, to lead the reinsurance broker's Asia operations from Singapore. Jones is a seasoned and respected practitioners in the region, ... Read the full article

Brown & Brown’s Q1’26 total revenues rise 35%

28th April 2026

Brown & Brown, Inc., an insurance brokerage and risk management services firm, in its first-quarter 2026 unaudited results, posted total revenues of $1.9 billion, up $497 million, or 35.4% compared to $1.4 billion in Q1’25. The broker has reported income before income taxes of $533 million for this quarter, a rise ... Read the full article

Miller grew again in 2025 with total revenues of £314m

27th April 2026

Independent specialist insurance and reinsurance brokerage, Miller, placed around $5 billion in total gross written premium during 2025, as 180 new people joined in a milestone year for the company. Gross written premium of $5 billion is up on the previous year's $4 billion, while total revenues increased by 15% to ... Read the full article

Marsh CEO Doyle ‘pleased’ with Guy Carpenter’s execution in Q1’26 in spite of headwinds

16th April 2026

John Doyle, President and Chief Executive Officer (CEO) of global insurance and reinsurance broking group Marsh, said today that while 2026 is unlikely to be Guy Carpenter's best growth year, he is "pleased" with the reinsurance broker's execution in the first quarter in spite of current headwinds. Guy Carpenter recorded ... Read the full article

Willis Re adds William Morritt to its broking team

10th April 2026

Willis Re, a reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, has appointed William ‘Bill’ Morritt to its broking team. Morritt has over four decades of experience in the aviation reinsurance industry, having begun his career at Alexander Howden. Most recently, he served at Guy Carpenter, the reinsurance ... Read the full article

Macro trends drive market softening in Asia & India at April 1 renewals: Guy Carpenter

2nd April 2026

Guy Carpenter, the reinsurance broking arm of Marsh, reports that both Asia and India witnessed continued softening at the April 1, 2026, reinsurance renewals, as the ongoing conflict in the Middle East threatens to drive significant losses for various specialty lines of business. The reinsurance broker highlights significant price reductions in ... Read the full article

Growth in capacity from existing and new casualty players at April 1 renewals: Gallagher Re’s Shah

1st April 2026

Despite competitive terms, capacity in the casualty reinsurance market increased at the April 1st, 2026, reinsurance renewals, supported by both existing players and new entrants, according to Chirag Shah, Global Head of Casualty at Gallagher Re. In reinsurance broker Gallagher Re’s latest 1st View Report, Shah noted that the casualty market ... Read the full article