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.
CAC Specialty adds Marsh’s John Kim as environmental exec
4th March 2020
Specialty insurance broker and investment banking platform CAC Specialty has announced the appointment of John Kim as senior vice president within its environmental practice group. Kim brings over 25 years’ experience and most recently served as a managing director at Marsh. He began his career as an industrial hygienist and environmental scientist, ... Read the full article
AJ Gallagher acquires NY-based insurance broker, CMS
4th March 2020
International insurance brokerage firm, Arthur J. Gallagher & Co. (AJG), has announced that it has acquired CMS, LLC, a New York-based full-service wholesale insurance broker. The terms of the transaction have not been disclosed but it has reported that Scott Charney, Rich Verdi, Michael Raab and their associates will remain in ... Read the full article
MMC appoints FEMA’s Dr. Kaniewski as MD, Public Sector
3rd March 2020
The former Deputy Administrator for Resilience at the Federal Emergency Management Agency (FEMA), Daniel Kaniewski, has joined Marsh & McLennan Advantage as Managing Director, Public Sector. The Marsh & McLennan Advantage group combines the expertise from across the global re/insurance broker's four businesses in order to deliver innovative solutions to clients. In ... Read the full article
Miller bolsters cargo and stock throughput team
2nd March 2020
Specialist re/insurance broker Miller has added Daniel Leveridge, Rebecca Eagles and George Saunders to work on cargo and stock throughput business emanating from North America. Leveridge will work with Miller’s brokers on insurance programmes for complex supply chain risks. He brings an extensive technical knowledge of modern supply chains and a deep ... Read the full article
Ed adds Chloë Cox, Alex Atkinson as divisional directors
28th February 2020
Global reinsurance, wholesale and specialty lines broker Ed has announced the appointments of Chloë Cox and Alex Atkinson as divisional directors for its professional and executive risk team in London. Effective immediately, Cox and Atkinson will primarily be responsible for developing and expanding the North American and Australian/New Zealand wholesale book. They ... Read the full article
UIB adds Miles Taffs to Aviation & Space team
27th February 2020
International re/insurance broker UIB has announced the appointment of Miles Taffs as Deputy Managing Director of its Aviation & Space team. He joins on March 16 and will report directly Craig Fisher, UIB’s Managing Director of Aviation and a Board Director of UIBL. Taffs has more than 30 years of experience in ... Read the full article
Life broker Reassured sells minority stake to fund growth plans
26th February 2020
UK life insurance broker Reassured has agreed to sell a minority stake to investor Bridgepoint Development Capital (BDC) in order to fund the future development of the business. The company said the transaction would allow it to focus on growth plans such as investment in new technologies and the development of ... Read the full article
WTW / Aon combination could require Willis Re sale: Analysts
25th February 2020
Analysts at Wells Fargo Securities have suggested that a potential combination with Aon could require Willis Towers Watson (WTW) to sell off its reinsurance arm, Willis Re. Speculation about a possible merger deal between the two broking giants was sparked last week after WTW confirmed that it was exploring “strategic ... Read the full article
Aon announces new COO amid United strategy push
25th February 2020
Global re/insurance broker Aon has appointed John Bruno to serve as Chief Operating Officer alongside his existing role leading development of the firm’s business services platform. Reporting to Aon Chief Executive Officer, Greg Case, Bruno will also continue as CEO of Data & Analytic Services and add the firm's technology-enabled Affinity ... Read the full article
TigerRisk adds Neon’s Conway to Bermuda Reinsurance & Retro teams
24th February 2020
Bermuda-based reinsurance broker TigerRisk Partners LLC has announced the appointment of Christopher Conway to a newly created senior role positioned across the firm's Reinsurance and Retro teams, reporting to Alex Bridges, Partner and Head of Retrocession. Conway joins TigerRisk from Neon Underwriting Bermuda, where he most recently served as Senior Vice ... Read the full article
Aon names Eric Andersen as president, Michael O’Connor departs
24th February 2020
Re/insurance broker Aon has announced the appointment of Eric Andersen as its new president, effective March 1. Michael O'Connor departs the company following a 12-year tenure in order to pursue new opportunities. The two had served together as co-president since 2018. Andersen has for the past 22 years served in several key ... Read the full article
TigerRisk hires Bill Cooper as Head of Advisory Capital
24th February 2020
Reinsurance broker TigerRisk Partners LLC has announced the appointment of Bill Cooper as Managing Director and Head of Advisory Capital. Cooper joins the company from Lloyds Bank where he was Managing Director of Insurance and Specialist Finance. In his new role, he will work with TigerRisk clients to help optimise their capital ... Read the full article
Is Willis Towers Watson just preparing the ground for a bigger M&A deal?
21st February 2020
After insurance and reinsurance brokerage and consultancy Willis Towers Watson (WTW) confirmed yesterday that it is exploring “strategic alternatives” for its wholesale arm, Miller, it's interesting to consider how a sale of its majority stake could clear the decks for a much larger M&A deal. Willis Towers Watson (WTW) and ... Read the full article
Willis Towers Watson considering sale of Miller
20th February 2020
Re/insurance brokerage Willis Towers Watson (WTW) has confirmed that it is exploring “strategic alternatives” for its wholesale arm, Miller, which could include a potential sale. WTW originally acquired Miller in 2015, merging its wholesale activities with the firm but keeping the trading brand. In return, Miller’s treaty reinsurance, UK Corporate client and ... Read the full article
Gallagher adds six to global aerospace team
20th February 2020
Global re/insurance broker Gallagher has announced six senior appointments within its global aerospace team. All new arrivals will be split between the firm’s London and New York offices. In New York, Matt Donohue and Thomas Klaus, who will be starting on 24 February, join as senior vice presidents. Donohue brings over 15 years’ ... Read the full article
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