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.
Säkra, EBM, Protec & Horsell Duffy Langley join WBN
10th March 2023
The Worldwide Broker Network (WBN) has announced that Säkra, EBM, Protec and Horsell Duffy Langley (HDL) have joined as members. WBN has also welcomed International Medical Group and Sompo International as new sponsors, in addition to the membership expansion of Pacific Prime into China and the United Arab Emirates. Olga Collins, CEO ... Read the full article
Gallagher Re acquires WTW India treaty reinsurance operation
9th March 2023
Reinsurance broker Gallagher Re is set to expand its operations in India with the creation of a single treaty reinsurance team that will be led by Vinod Krishnan, following an agreement to acquire the treaty reinsurance broking operations of Willis Towers Watson India Insurance Brokers Private Limited (WTW India). The reinsurance ... Read the full article
Bermuda-based reinsurance broker ReFlex Solutions launches
8th March 2023
Industry veteran Neville Ching has launched ReFlex Solutions Ltd, an independent reinsurance brokerage with operations in Bermuda and plans for expansion into London and the USA. Ching, CEO and Founder of ReFlex, commented, “ReFlex has been a year in the workshop, and I am delighted to be opening this new venture. "In this ... Read the full article
Howden Tiger hires Jani to lead treaty reinsurance team in Middle East, Africa & India
8th March 2023
Howden Tiger, the reinsurance arm of international re/insurance broker Howden, has appointed Minesh Jani to lead its Treaty Reinsurance team in the Middle East, Africa & India region. In the role, Jani will hold responsibility for growing Howden Tiger’s international platform within the Middle East, Africa & India, with a particular ... Read the full article
David Porter joins Miller’s Bermuda office as Account Executive
7th March 2023
Specialist re/insurance broker, Miller Insurance Services LLP, has appointed David Porter as Account Executive within its Bermuda office. Based in Bermuda, Porter brings nearly 20 years of industry experience towards his new role, having held multiple leadership roles across various companies. He began his career in 2005 working at Everest Reinsurance Company, ... Read the full article
Aon appoints Nolwandle Mgoqi as CEO for South Africa
6th March 2023
Global professional services firm Aon has announced the appointment of Nolwandle Mgoqi as Chief Executive Officer (CEO) for South Africa, effective today. Before joining Aon, Mgoqi held various executive roles in the financial services sector, including most recently as Chief Executive of Standard Insurance Limited and as Head of Insurance for ... Read the full article
Gallagher Re acquires London market binder broker, Bay Risk
6th March 2023
Reinsurance broker Gallagher Re, has announced that it has acquired the business and assets of Bay Risk Services Limited, a member of the Optio Group, for an undisclosed sum. Established in 2016 as a London-based, independent Lloyd’s broker, Bay Risk specialises in structuring and placing contracts of delegated underwriting authority and, ... Read the full article
CyberCube launches add on module for Broking Manager SaaS solution
6th March 2023
Cyber risk analytics provider CyberCube has announced the launch of Prep Module Version 1.0, an add-on module of Broking Manager, the firms Software-as-a-Service (SaaS) solution designed specifically for insurance brokers. The firm explained that the add-on module, when paired with Broking Manager will help improve a broker’s overall ability to prepare ... Read the full article
Howden acquires entertainment broker Franz Gossler
6th March 2023
International insurance broker Howden has acquired Germany's Franz Gossler Insurance Group to bolster its position as a leading sport, film and entertainment broker in Europe. Franz Gossler Insurance Group was founded in 1970 and is an owner-managed company specialising in the field of entertainment, film, event and advertising insurance. The transaction was ... Read the full article
Howden drives UK footprint through acquisition of Reich
3rd March 2023
Insurance broker Howden has announced the acquisition of Reich Insurance Group. Reich is a £100 million GWP business, headquartered in Manchester. The firm serves a variety of UK and international clients, and has over 140 employees. The company is led by Simon Taylor and Danny Lopian. Reich offers a full spectrum of ... Read the full article
Arthur J. Gallagher acquires broker Anderson Benson
3rd March 2023
Arthur J. Gallagher & Co. has acquired Nashville, Tennessee-based Anderson Benson, a retail insurance broker and risk management firm. Anderson Benson was founded in 2012 and has an entertainment niche expertise as well as specialisations in hospitality, construction, transportation and private clients across the US. George Anderson, Reno Benson, Brent Daughrity, Steve ... Read the full article
Aon launches IP-backed lending fund with $300m commitment from M&G
2nd March 2023
Aon Advantage Funds, an affiliated registered investment adviser of Aon, has launched a vehicle to provide corporations new ways to access capital based on the value of their intellectual property (IP), with a $300m commitment from M&G Investments. The global asset manager will do this through its Catalyst private assets strategy ... Read the full article
WTW names Ann Rodgers as regional Client Strategy Leader
1st March 2023
Global advisory, broking, and solutions company WTW has announced the appointment of Leigh Ann Rodgers as its Western Region Client Strategy Leader for Real Estate, Hospitality, and Leisure within Corporate Risk and Broking (CRB), North America. In her new role, Rodgers will focus on strategy execution for industry vertical clients, while ... Read the full article
Reinsurers need evidence the tide is turning in Florida, says Gallagher Re’s Schwebach
28th February 2023
During an interview with AM Best TV at the annual Artemis ILS conference in New York on February 10th, Adam Schwebach, executive vice president, Gallagher Re explained how we are starting to see “the tide turn” within Florida’s insurance market. During the interview, he explained that current local market conditions, ... Read the full article
New reinsurance capital will enter once dust settles: Aon execs
27th February 2023
Alfonso Valera and Tomas Novotny, CO-CEOs for EMEA at Aon Reinsurance Solutions, have said they are optimistic that capital will begin to enter the reinsurance space over the course of 2023 after “the dust settles” on the turbulent January renewals. The two executives believe that new capital would help to stabilize ... Read the full article
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