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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.

Willis Towers Watson restructures Corporate Risk and Broking leadership

14th June 2017

Insurance and reinsurance broking group Willis Towers Watson has restructured the leadership of its Corporate Risk and Broking business, in an effort to better align itself with client needs and to better manage their risks. The team is led by Philip Smaje, Global Head of Broking, and consists of broking leaders ... Read the full article

Marsh names leaders for new aviation consortium

12th June 2017

Insurance and reinsurance brokers Marsh have named senior leaders for its newly launched aviation insurance consortium, the Aircraft Finance Insurance Consortium (AFIC). The consortium, which is backed with capacity from four major re/insurance players, Allianz, AXIS Capital, Sompo International (formerly Endurance), and Fidelis, will offer a “unique non-payment insurance product” ... Read the full article

Ed appoints Ian Wicks to non-marine reinsurance chairman

6th June 2017

Reinsurer and specialty broker Ed has bolstered its reinsurance division with the appointment of Ian Wicks as chairman of non-marine reinsurance, who joins from Willis Re. Wicks will take up his role with immediate effect, reporting to Kieran Angelini-Hurl, CEO of Ed’s reinsurance division. Commenting on the appointment, Angelini-Hurl said; “I am delighted to ... Read the full article

Guy Carpenter hires van Oort from Gen Re as MD for Benelux operations

1st June 2017

Reinsurance broker Guy Carpenter has announced that it has hired Hans van Oort from General Re to be Managing Director of its Benelux operations, as the company looks to strengthen its regional team. van Oort will join Guy Carpenter as of the 1st December 2017, taking on responsibility for growing Guy ... Read the full article

JLT Re adds Sammur from Gen Re to North America team

31st May 2017

Reinsurance broker JLT Re has appointed Tony Sammur as Executive Vice President in Stamford, Connecticut, hiring him from reinsurer Gen Re. Sammur will tasked with helping to continue the expansion and development of JLT Re’s Regional team, led by John DeMartini, Executive Vice President, JLT Re (North America) Inc. “We are pleased ... Read the full article

Willis Towers Watson reinsurance growth potential seen above peers: Analysts

30th May 2017

Of the top-tier insurance and reinsurance broking groups it is Willis Towers Watson that is seen as having the highest growth potential in the reinsurance sector, but execution of the strategy will be key, according to analysts at Credit Suisse. Equity analysts Ryan Tunis and Crystal Lu at Credit Suisse see ... Read the full article

Broker Miller hires Ian Blick to head up facultative energy team

4th May 2017

Insurance and reinsurance broker Miller has hired Ian Blick to lead its facultative energy team. The announcement comes in addition to recent senior appointments in the facultative team, as Miller seeks to grow its capacity in the segment. Blick will work predominantly with Neil Higgins and the London team to manage and ... Read the full article

Willis Towers Watson names Bernstein to Head up GB Broking

27th April 2017

Consultancy, advisory, insurance and reinsurance broker Willis Towers Watson has named Clyde Bernstein as the new Head of Broking – GB for its Corporate Risk and Broking division. In the new role, Bernstein will report jointly to Philip Smaje, Global Head of Broking and Alastair Swift, Head of Corporate Risk & ... Read the full article

FCA investigation could raise regulatory risk for brokers: Credit Suisse

25th April 2017

After the UK financial conduct authority (FCA) revealed last week that it was investigating a number of UK insurance and reinsurance aviation brokers over the sharing and misuse of competitive and sensitive information, Credit Suisse analysts have warned of increased global regulatory risk. The FCA previously reported that it was ... Read the full article

FCA investigating UK aviation brokers over sharing & misuse of information

21st April 2017

According to industry reports a number of aviation insurance and reinsurance brokers are being investigated by the UK's financial conduct authority (FCA) over the sharing and misuse of sensitive information. Brokers Aon, JLT, Willis Towers Watson, and Marsh are being investigated by the FCA as part of its probe into the ... Read the full article

AmWINS expands with Partners acquisition

20th April 2017

AmWINS Group and Partners Specialty Group, are set to merge to form a single U.S. -based specialty insurance broking giant, with a global operating spectrum of $14 billion of combined annual premiums and 4,100 employees across 12 countries. Partners will join AmWINS' Brokerage Division, expanding the firm's broking capacity with its expertise ... Read the full article

India considers allowing 100% foreign investment in insurance broking

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

Ed appoints Merrick as Head of Legal, Risk and Compliance

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

Indonesia issues operating license for new reinsurance brokers

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

Toby Kayll joins THB from Integro as Managing Director, Marine

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

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