Reinsurance 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.
24th March 2017
The Indian government is considering lifting the lid on foreign direct investment (FDI) in insurance broking to give its insurance sector a capitalisation boost, the new Indian Express reported. According to an official, the government’s looking at a proposal to give insurance brokers the same treatment as India's other financial services ... Read the full article
23rd March 2017
Global reinsurance broker Ed has named Joanne Merrick as Head of Legal, Risk and Compliance, a role she will start from June. Merrick has over twenty years of legal experience in the insurance and reinsurance sector, most recently gained at reinsurer Gen Re where she was regional general counsel for fifteen ... Read the full article
13th March 2017
Indonesian government agency, the Financial Services Authority of Indonesia (OJK), has granted operational licenses to two new reinsurance brokerage companies, PT JLT Reinsurance Brokers and PT Inare Proteksi International, earlier this month, according to industry reports. The operational license allows the two brokers to commence operations beginning last week. OJK director for non-bank financial ... Read the full article
2nd March 2017
Specialist insurance and reinsurance brokerage, THB, has announced that Toby Kayll has joined the firm from Integro Insurance Brokers, as Managing Director of its Marine business. Kayll joins the firm with more than 20 years of industry experience, and joins from Integro where he was head of the broker's marine division. "Toby ... Read the full article
20th February 2017
Ed Broking, the London and global insurance and reinsurance brokerage, has completed the first arrangements in Iran that will see London market re/insurance capacity backing energy industry projects in the country since sanctions were in place. Since sanctions were eased in January it has now become possible for London market re/insurers ... Read the full article
15th February 2017
Insurance and reinsurance broker Jardine Lloyd Thompson's (JLT) U.S. subsidiary, JLT Specialty USA, has announced Jim White as its newly appointed Senior Vice President to head up its insurance and reinsurance cargo broking. White joins from fellow brokerage Willis Towers Watson, and will work with JLT’s global Cargo team with a focus ... Read the full article
14th February 2017
Specialty reinsurance broker Ed has named Namik Gulsun as head of international property and casualty, making this appointment the latest after what has been a series of new hires. Gulsun is set to take up his new position immediately, working alongside James Venton, head of U.S. property and casualty, and reporting ... Read the full article
10th February 2017
Insurance and reinsurance broker Aon plc has reported organic growth in its reinsurance operations at Aon Benfield in the final quarter of 2016. The broker reported a 2% increase in organic reinsurance related revenues at the firm, increasing from $323 million in the fourth-quarter of 2015 to $329 million in the ... Read the full article
10th February 2017
Insurance and reinsurance broker Miller Insurance Services LLP has hired a new senior broker and producer in an expansion of its facultative property capabilities. Damian Richards joins Miller from Guy Carpenter, where he acted as Senior Vice President, with a focus on managing production and placement of facultative reinsurance for UK ... Read the full article
3rd February 2017
The Insurance Regulatory and Development Authority of India (IRDAI) has called on reinsurance companies to submit details of reinsurance transactions that involve overseas firms. In a recent note, the IRDAI, which is the country's insurance and reinsurance industry regulator, said that "it has been brought to the notice of the Authority that Reinsurance/Composite ... Read the full article
3rd February 2017
Reinsurance broker Ed has announced the appointment of Neil Perry, previously of Willis Towers Watson, as Group Chief Financial Officer (CFO). Perry, who has 30 years of financial management experience, is set to take over the role from outgoing CFO Russell Benzies and will report to Chief Executive Officer (CEO) Steve ... Read the full article
30th January 2017
Global reinsurance broker JLT Re has announced the appointment of William Pang as a new Managing Director for JLT Re Philippines, subject to regulatory approval. Pang has been with JLT Re for five years, working out of Singapore to manage broking clients in Singapore, the Philippines and Vietnam. Pang had previously ... Read the full article
25th January 2017
Steve McGill the Group President of insurance and reinsurance brokerage Aon is stepping down from the company to pursue new opportunities, the firm said today. McGill, who also held the position of Chairman and CEO of Aon's Risk Solutions group, has been in the insurance and reinsurance industry for around 40 ... Read the full article
19th January 2017
Independent insurance and reinsurance broker RFIB Group Limited (RFIB) has announced that its holding company, TopCo, has established a new MGA, called Limehouse Agencies (Limehouse). In addition to the launch RFIB has revealed that Jack Gressier has been named as a Non-Executive Independent Director of TopCo, and also appointed as the founding ... Read the full article
19th January 2017
Aon today announced the appointment of two executives to its risk and consulting divisions; James Platt will take on the role of Chief Operating Officer (COO) of Aon Risk Solutions and Michael Moran as Chief Executive Officer (CEO) of Aon Inpoint. Platt will work with Mike O’Connor, CEO of Aon ... Read the full article
