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.
Capsicum Re adds Tom Mills to Bermuda team
20th May 2019
Specialist reinsurance broker Capsicum Re has announced the appointment of Tom Mills as a broker in its Bermudian operations. Mills previously worked as a Private Client Director at Hampden Agencies, managing and advising Lloyd’s members from 2015 to 2019. Prior to this, he spent several years as an Assistant Underwriter at Amlin. Capsicum ... Read the full article
Aon invests in Global Reinsurance Clients unit, adds executive team
17th May 2019
Global insurance and reinsurance broker Aon has announced a number of organisational changes within its Global Reinsurance Clients team, which launched in 2014 and forms part of its Reinsurance Solutions operation. Currently, Aon's Global Reinsurance Clients team supports 25 large, global insurance companies, providing firms with a service to accelerate their ... Read the full article
Gallagher promotes Stuart Fatt to Managing Partner for Construction
16th May 2019
Gallagher, the global re/insurance brokerage and risk management services firm, has announced the promotion of Stuart Fatt to the role of Managing Partner Construction. The appointment is effective immediately and will see Fatt report to Jon Thompson, Chief Executive Officer (CEO) of UK Specialty & Wholesale at Gallagher. Fatt has more than ... Read the full article
BPL Global hires Donnie DiCarlo from Marsh, expanding U.S presence
16th May 2019
Insurance broker BPL Global has announced the appointment of Donnie DiCarlo as Executive Vice President (EVP). Based in New York, DiCarlo will be tasked with expanding BPL Global’s client base in the U.S and the wider Americas region. He joins BPL Global from Marsh, where he spent the previous 10 years as ... Read the full article
THB bolsters binding authority team with two JLT Re hires
15th May 2019
Specialist re/insurance broker THB Group has announced two senior appointments to its binding authority team. Lee Collins, a Partner at JLT Re, will join as Director, Head of binding authority placements. Adrian Steele, also a Partner at JLT Re, joins as Director, binding authorities. Both start at THB in November and will report ... Read the full article
BIBA names new Chair, adds non-exec director
15th May 2019
The British Insurance Brokers' Association (BIBA) has appointed former Insurance Minister and current board member, Jonathan Evans, as its new Chair, effective January 2020. Evans replaces outgoing Chair David Hunt, whose tenure as Chair expires in December 2019. Hunt announced the appointment of Evans at the organisation's annual conference in Manchester, ... Read the full article
Commercial property rates firm as underwriting discipline improves: WTW
14th May 2019
Commercial insurance buyers are facing upward pressure on pricing for most lines of business for the remainder of 2019 as the market turns toward more disciplined underwriting, according to broker Willis Towers Watson (WTW). The analysis came as part of the firm’s Insurance Marketplace Realities 2019 Spring Update, which serves as ... Read the full article
Guy Carpenter proposes parametric solution for explosive volcanic eruptions
14th May 2019
Reinsurance broker Guy Carpenter has conceptualised and designed a parametric risk transfer solution that looks to mitigate losses to building structures as a result of large, ash fall-producing volcanic eruptions. In a recent article, Catastrophe Risk Analyst at Guy Carpenter, Delioma Oramas Dorta and Guillermo Franco, Managing Director & Global Head ... Read the full article
WTW enhances security, AI capabilities of Radar pricing tool
14th May 2019
Global insurance and reinsurance broker Willis Towers Watson has announced the launch of the latest version of its Radar software, a platform of products for property and casualty (P&C) insurer pricing teams, including actuaries and underwriters. Radar 4.4 implements new fine-grained security controls that simplify the application of the pricing software, ... Read the full article
Bredahl joining TigerRisk Partners as President & COO
14th May 2019
Rob Bredahl, who resigned from reinsurer Third Point Re only a few days ago, has already resurfaced as the new President and Chief Operating Officer of reinsurance brokerage, risk and capital strategic advisory TigerRisk Partners. Bredahl will join TigerRisk as from the middle of June and in addition to the ... Read the full article
Re/insurers set to pay $1 billion+ for April nat cats: Aon
13th May 2019
The latest global catastrophe recap report from insurance and reinsurance broker, Aon, reveals that insurers and reinsurers are set to pay out more than $1 billion in losses from natural disaster events that occurred in the month of April 2019. Aon's April, global catastrophe recap report highlights an extremely active month ... Read the full article
Increased Q1 PPL uptake across Lloyd’s while IUA usage drops
13th May 2019
First quarter data released by the Board of Placing Platform Limited (PPL) shows increased adoption levels across Lloyd’s syndicates, whereas uptake among International Underwriting Association (IUA) companies fell behind the strong numbers put up in the previous quarter. Data shows that Lloyd’s syndicates, led in the rankings by Liberty Managing ... Read the full article
A&P Worldwide Solutions registers as Lloyd’s broker
13th May 2019
A&P Worldwide Solutions Limited, a reinsurance broker based in London, has announced that it has been granted the status of a Lloyd’s broker. Registering with Lloyd’s will allow A&P to expand its operations while continuing to provide its current levels of service, the broker explained. "We are delighted to achieve Lloyd's broker ... Read the full article
Munich Re’s Thurnim appointed Treaty Director at THB Europe
13th May 2019
Specialist insurance and reinsurance broker THB Group has appointed Zamira Thurnim to the position of Treaty Director for the company’s European operations, effective immediately. Based in the Netherlands, Thurnim will also work extensively across the growing THB markets throughout Africa. She joins from Munich Re, where most recently she held the role ... Read the full article
Guy Carpenter expands international analytics and advisory capabilities
13th May 2019
Global reinsurance broker Guy Carpenter has announced a number of international analytics and advisory appointments in London, including the addition of Richard Rodriguez as its new Head of Analytics and Advisory, UK and Global Specialties. Previously a Chief Actuary at Lloyd's of London, Read the full article
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