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.
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
Howden utilises Whitespace platform to drive data first approach
24th February 2023
Starting with its North American Property team, global re/insurance broker Howden has adopted the use of the Whitespace Platform to drive its data-first approach. Howden states it has embraced this digital integration so that risks created in its policy administration system can be created instantaneously on the Whitespace Platform, without the ... Read the full article
Aon launches earthquake model for Canada through collaboration with GEM
23rd February 2023
Global professional services firm Aon, has announced the launch of a new probabilistic catastrophe model to quantify loss potential for earthquake risk in Canada. Developed by the broker’s Impact Forecasting team, the model represents the outcome of a collaboration with the Global Earthquake Model (GEM) Foundation, of which Aon recently became ... Read the full article
Aon strengthens political violence & terrorism team
23rd February 2023
Aon, a global professional services firm, has announced two senior appointments to strengthen its political violence & terrorism team. Tony Day has been named Head of Crisis Management and Julia Dickson has been appointed as Head of War and Terrorism. Within his role, Day will report to Bernhard Steves, Global Specialty Products ... Read the full article
Howden teams with the UNCDF to build climate resilience for communities in Fuji
23rd February 2023
Insurance broker Howden has teamed up with the UN Capital Development Fund (UNCDF) to help fight climate change within the Pacific. A press release notes that the international insurance intermediary has partnered with UNCDF’s Pacific Insurance and Climate Adaptation Programme (PICAP) to support Fiji’s vulnerable communities, to build resilience and financial ... Read the full article
Consilium announces leaders of new specialty treaty reinsurance unit
22nd February 2023
Aventum Group's specialty re/insurance broking business, Consilium, has launched a dedicated Specialty Treaty Reinsurance division, which will be led by Paul Cousins and Matt Webb as Partners. This new treaty unit compliments the firm's existing global broking operations and comes soon after the launch of its cedant driven FAC reinsurance ... Read the full article
Tysers sells bloodstock broking team & managing agent to Howden
22nd February 2023
Leading independent Lloyd’s broker, Tysers has announced the sale of its bloodstock broking team and the bloodstock managing agent, Galileo, to international insurance broker, Howden. “We had built an exceptional bloodstock business but, as our focus is no longer in this area, we entered a commitment to sell the business including ... Read the full article
WTW adds two new Surety experts to CRB business
21st February 2023
WTW, global advisory, broking and solutions company, has announced the appointment of two new hires, Thomas Rhatigan and Dan Peck, within its North American Corporate Risk & Broking (CRB) business. Scott Hull, Global Head of Surety, WTW, commented: “The addition of Tom and Dan demonstrates our continued focus on bringing the ... Read the full article
PCF Insurance secures $500m preferred equity investment
20th February 2023
US insurance brokerage firm PCF Insurance Services (PCF) has secured a $500 million preferred equity investment in a transaction co-led by Carlyle's Global Credit platform and private equity firm, HGGC. PCF also received significant investment participation in the transaction with funds managed by Owl Rock, a division of Blue Owl, and ... Read the full article
Lloyd’s broker Ramon Intl. appoints Lee Ellis as Chief Strategy Officer
15th February 2023
Lloyd’s broker Ramon International has appointed Lee Ellis to the role of Chief Strategy Officer, effective immediately. Ellis, who also serves as a board member of Ramon International, will also assume board roles across the international operations and the appointed representative businesses under the Ramon banner. An established figure across the industry, ... Read the full article
Eduardo Dávila appointed as President of Aon Spain
15th February 2023
Insurance and reinsurance broker Aon, has appointed Eduardo Dávila as President of Aon Spain. Dávila takes on this role while also still holding his current responsibilities as Chief Executive Officer (CEO) in Aon EMEA, and also serving as a member of the Aon Executive Committee Global. Dávila joined Aon over 21 years ... Read the full article
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