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.
Holborn appoints Peter Beckman as Executive Officer
17th April 2019
U.S. domiciled independent reinsurance brokerage Holborn Corporation has announced the appointment of Peter G. Beckman to the newly created role of Executive Officer. Beckman joins Holborn from Goldman Sachs, where he has held a number of roles within the firm's Corporate Reporting unit since 2003. Reporting to Chairman and CEO Frank Harrison, ... Read the full article
Capsicum Re adds Stephen Mathews to Mortgage Indemnity Reinsurance team
17th April 2019
Specialist reinsurance broker Capsicum Re has announced the appointment of Stephen Mathews to its Mortgage Indemnity Reinsurance division. Based in Capsicum Re’s New York office, Mathews will now head up the division’s global analytics capability. He joins the company from Guy Carpenter, where he most recently served as Managing Director, having been ... Read the full article
WTW partnership targets societal resilience against emerging forms of warfare
17th April 2019
Global insurance and reinsurance broker Willis Towers Watson (WTW) has partnered with British defence and security think tank the Royal United Services Institute (RUSI) on a four year-long program designed to strengthen societal resilience to emerging forms of warfare. At its core, the Modern Deterrence Programme is based upon the concept ... Read the full article
BIBA adds Tokio Marine Kiln’s Blundell as Head of general insurance
17th April 2019
The British Insurance Brokers’ Association (BIBA) has announced the appointment of Alastair Blundell as Head of general insurance, a newly-created role. Blundell, formerly Head of Distribution at Tokio Marine Kiln Group, has been appointed to further boost BIBA’s policy team. He will oversee general insurance policy work while representing and progressing issues ... Read the full article
Shepherd Compello B.V. opens in the Netherlands to ensure post-Brexit continuity
16th April 2019
Shepherd Compello, a specialist insurance brokerage, has announced the opening of Shepherd Compello B.V., in Assen, the Netherlands, to support the company's growth ambitions across Europe. Shepherd Compello B.V. is the broker's new international company, which received a licence to trade as an Insurance Agency from the Netherlands AFM on January ... Read the full article
Fall in traditional equity drives 3% decline in global reinsurer capital: Aon
15th April 2019
Global, dedicated reinsurance capital declined by 3% in 2018 ending the year at $585 billion, driven by a fall in traditional capital as the alternative sector grew once again, according to Aon's 2019 Reinsurance Market Outlook. From the end of 2017 to the end of 2018, traditional reinsurer capital declined by ... Read the full article
Zurich Canada secures Aon’s Marco Royer as Head of Liability
12th April 2019
The Canadian operations of global insurer Zurich has announced the appointment of Marco Royer as Head of Liability, effective July 1. Royer joins from Aon after a 12 year stretch at the firm, most recently serving as the Head of its Canadian reinsurance broking team. He has a strong technical casualty underwriting ... Read the full article
Howden builds Norway presence with stake in Employee Benefits broker, NIP
11th April 2019
Howden Broking Group's Norway subsidiary, Howden Forsikringsmegling SA (Howden Norway) has acquired a majority stake in Employee Benefits brokerage, Norwegian Insurance Partner AS (NIP). According to an announcement on the deal, the combination of Howden Norway and NIP creates a top-five broker in Norway, and the market leader in Employee Benefits. The Founder and ... Read the full article
Rising terror threat, populism, political tension a challenge for businesses: Aon
11th April 2019
Growing populism in some parts of the world, combined with increasing protectionist measures in others and rising political and trade tensions, are creating both challenges and opportunities for the risk transfer industry, according to Aon's 2019 Global Risk Maps. The insurance and reinsurance broker's 2019 Global Risk Maps, developed alongside Continuum Economics ... Read the full article
Aon adds SCOR’s Alexander as Head of Life Reinsurance broking for Australia, NZ
11th April 2019
Aon has named Danny Alexander as its new Head of Life Reinsurance broking for Australia and New Zealand, as the firm looks to strengthen its reinsurance offering in the region. Alexander was most recently working at reinsurer SCOR in Sydney, Australia where he was Head of Client Solutions focused on the ... Read the full article
Aon leverages AI to extract data insights from historical insurance documents
11th April 2019
Global insurance and reinsurance broker Aon has leveraged Groundspeed's artificial intelligence (AI) technology to uncover invaluable insights, helping the firm identify underlying causes of claims. The AI technology harvested critical data from thousands of historical insurance documents, identifying 170 million data points. Aon states that the manual process of extracting data resulted ... Read the full article
Guy Carpenter MD Kevin Feldman joins TigerRisk as Partner
8th April 2019
Reinsurance brokerage, risk and capital strategic advisory firm TigerRisk Partners LLC, has welcomed Kevin Feldman to the company as a Partner. Feldman has for the last ten years served as a Managing Director at Guy Carpenter. TigerRisk's Global Head of Reinsurance Wade Gulbransen in an announcement praised Feldman for having established an ... Read the full article
Gallagher appoints John Thompson CEO of UK specialty & wholesale businesses
8th April 2019
Global insurance brokerage Gallagher has announced the appointment of John Thompson as Chief Executive Officer of its UK specialty London market and wholesale businesses. Thompson, who for seven months held the CEO position on an interim basis, joined Gallagher in 2014 as managing partner for construction. The division has since quadrupled in ... Read the full article
Middle East energy reinsurers refocus underwriting discipline: WTW
8th April 2019
The Middle Eastern reinsurance market for oil and gas business has undergone a process of change in 2018 and early 2019, according to broker Willis Towers Watson (WTW), with many reinsurers refocusing their appetite for these risks following poor underwriting results in the sector. Will Peilow, MEA Regional Leader, Downstream Natural ... Read the full article
Arthur J. Gallagher to acquire Canadian broker Keyser Benefits
5th April 2019
Global insurance brokerage Arthur J. Gallagher & Co. has announced the acquisition of Canadian broker Keyser Benefits Corp. Based in Calgary, Alberta, Keyser Benefits is a full-service benefits brokerage that has been in operation for more than 45 years. It offers life, disability, health and dental, critical illness, retirement and other services ... Read the full article
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