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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.

Carsten Thienel joins JLT Re’s Asia team from Ed

5th September 2017

JLT Re has named Carsten Thienel, who joins from a role with Ed as CEO of reinsurance for Asia Pacific, as its latest Asia Pacific team member, set to begin in the firm's Singapore office early 2018. Boasting a distinguished career of over 30 years in the industry, Thienel previously held ... Read the full article

Insurers in Nigeria advised against reliance on brokers

5th September 2017

The tendency for most insurance brokers to focus on big ticket government business is responsible for the low level of insurance penetration in the country, the Executive Vice Chairman of Insurance Brokers of Nigeria, (IBN), Prosper Okpue, said in an interview with Financial Vanguard. The IBN executive ... Read the full article

David Nayler joins Marsh from Aon as Leader of UK Financial Institutions practice

1st September 2017

Marsh has named David Nayler, who joins from Aon, as Leader of its UK Financial Institutions Industry Practice, with effect from early 2018. In his new role, Nayler will lead client management, technical, placement and risk management specialists to support Marsh’s financial institutions clients in risk mitigation. He will report to Charles Beresford-Davies, Risk ... Read the full article

JLT Re hires Poome from Willis Re to be new Thailand MD

24th August 2017

Global reinsurance broker JLT Re has hired a new managing director for its Thailand operations from rival Willis Re, appointing Khun Parkpoome Nivatvongs (Poome) to the role. The hiring and appointment of Poome expands the JLT Re Asia Pacific management team. Poome will report to Kenny Moyes CEO of Asia, JLT ... Read the full article

JLT Re promotes Dranchak to Head of Strategic Advisory for the Americas

24th August 2017

Global reinsurance broker and advisory JLT Re has promoted Nick Dranchak to Head of Strategic Advisory for the Americas, a role that will seem him lead delivery of strategic advisory services across the U.S., Canada and throughout Central and South America. Dranchak joined JLT Re’s Strategic Advisory team in 2014 and ... Read the full article

Mike Boseman named as Brown & Riding’s new COO

23rd August 2017

U.S.-based wholesaler and specialty insurance broker, Brown & Riding, has named Mike Boseman as its new Chief Operating Officer (COO), based in the firm's Los Angeles headquarters. Boseman will take on responsibility for the company's strategic operations, which includes both client and carrier development, improving information technology service offerings, and also enforcing Brown & ... Read the full article

Willis names corporate risk & broking leader for Metro D.C./Chesapeake

22nd August 2017

Global insurance and reinsurance broker, Willis Towers Watson, has named Ken Smith Corporate Risk and Broking (CRB) market leader for the firm's Metro D.C./ Chesapeake market. Smith joins the firm from Marsh USA, where he was most recently leader of the company's Cincinnati, Columbus and Louisville business, and where he held a number of ... Read the full article

Bretton Woods appoints Paul Fleming to senior broker & director

21st August 2017

London-based independent specialist broker Bretton Woods International has announced Paul Fleming's appointment to senior broker and director of the firm's board. As part of the executive team, Fleming will steer the direction of the broker and managing general agent in a range of specialist open market and programme placements including complex contingency ... Read the full article

Willis Towers Watson hires CFO replacement Burwell from PwC

21st August 2017

Global advisory, insurance and reinsurance broking specialist Willis Towers Watson has named Michael “Mike” J. Burwell as its new Chief Financial Officer, to replace the outgoing Roger Millay who retires on October 2nd 2017. Burwell has 31 years of finance and professional services experience gained at PwC, holding a number of ... Read the full article

Capsicum Re hires Steven Rance to lead new mortgage indemnity reinsurance unit

21st August 2017

Specialist reinsurance broker Capsicum Re has announced Steven Rance, former JLT Group executive vice president, as head of a new mortgage indemnity reinsurance business division, with effect from February 2018. Rance will report to Rupert Swallow, CEO of Capsicum Re, who welcomed Rance to his new role; “Capsicum Re is no longer ... Read the full article

Kenny Hogg joins Arthur J. Gallagher as Scotland regional managing director

18th August 2017

Arthur J. Gallagher has appointed Kenny Hogg to regional managing director (RMD) for Scotland succeeding Paul Kerry who has been promoted to Scotland chairman. Jon Simpkin, area managing director for North and Scotland, UK retail, said; “Attracting the industry’s best talent is central to our strategy as we continue to build ... Read the full article

JLT Re expands Bermuda team with Nicolas Bardon as Partner

18th August 2017

JLT Re has announced the expansion of its Bermuda reinsurance and retrocession broking team with the appointment of Nicolas Bardon to partner with effect immediately. The firm said the hire is a further step in its efforts to grow its international reach through Bermuda operations which have more than doubled in ... Read the full article

JLT Re hires Aon Benfield broker Jakob Hansen for Credit & Political Risk team

16th August 2017

JLT Re, the global provider of reinsurance broking and consultancy, is pleased to announce that Jakob Hansen will be joining JLT Re’s expanding Credit & Political Risk team, once he has completed his contractual obligations with his current employer. JLT Re has announced the addition of Jakob Hansen, joining from Aon ... Read the full article

JLT Re names Andrew Ferrier as Executive Vice President

14th August 2017

JLT Re has named ex-Aon Benfield reinsurance broker Andrew Ferrier as a new Executive Vice President to lead the MGA business throughout the Western region. Ferrier brings over 25 years industry experience to the role, joining from an 18 year tenor as Senior Broker at Aon Benfield in San Francisco. Ed Hochberg, ... Read the full article

Spinnaker selects TigerEye platform to structure reinsurance portfolio

11th August 2017

Spinnaker has chosen to use TigerRisk Partners’ TigerEye® platform to help the company structure its reinsurance portfolio and support its existing underwriting strategy, particularly for catastrophe exposure management. TigerEye is a portfolio roll-up and reinsurance structuring tool, created by the reinsurance broker and capital advisor TigerRisk Partners, that helps insurers make data-driven ... Read the full article

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