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.
Marsh’s Roy White appointed Chair of LIIBA
23rd March 2018
Chairman of UK Specialties at broker Marsh, Roy White, has been appointed as the new Chair of the Board of the London & International Insurance Brokers' Association (LIIBA), succeeding Arthur J Gallagher's Andrew Agnew. Agnew leaves the post after two years, and White takes up the position after previously serving as ... Read the full article
Nathan Shanaghy to replace David Ledger as COO, Aon UK Ltd
23rd March 2018
Current Chief Operating Officer (COO) of Aon Risk Solutions UK and the London Global Broking Centre, Nathan Shanaghy, has been appointed COO of Aon UK Ltd, reporting to Julie Page, Chief Executive Officer (CEO) of Aon UK Ltd. He succeeds David Ledger, who is set to retire at the end of ... Read the full article
JLT Specialty USA names Josh Forbes as Senior Vice President
22nd March 2018
Insurance and reinsurance broker Jardine Lloyd Thompson (JLT) subsidiary, JLT Specialty USA, has announced the appointment of Josh Forbes as Senior Vice President (SVP). Forbes is based in New York, and will be responsible for building JLT Specialty USA’s Property Practice in a key growth market by delivering specialised solutions for ... Read the full article
Alliant expands Energy and Marine expertise with new First Vice President
21st March 2018
Alliant Insurance Services has announced that Rose Calpin-Dewey has been appointed First Vice President of the firm’s Energy and Marine Group. Based in Alliant’s Houston office, Calpin-Dewey will be responsible for providing insurance and risk advisory services to the re/insurance broker’s U.S energy and marine clients. John Ludwig, Senior Managing Director at ... Read the full article
BIBA signs agreement with WBN to ensure post-Brexit continuity
21st March 2018
The British Insurance Brokers’ Association (BIBA) and the Worldwide Broker Network (WBN) have signed an agreement that facilitates the introduction of BIBA member firms to one of WBN's member firms in an EU member country, in order to ensure continuity post-Brexit. The arrangement is scheduled to be launched to members by ... Read the full article
Aon Benfield names CEO for Bermuda in management restructure
20th March 2018
Aon Benfield, the reinsurance arm global brokerage Aon, has announced both the expansion of its Bermuda team as well as a new management structure, which includes the appointment of Matthias Meyenhofer as Chief Executive Officer (CEO) of Aon Benfield Bermuda. Meyenhofer joins from rival reinsurance broker Guy Carpenter, where he was most ... Read the full article
Capsicum Re selected as reinsurance broker for Arch’s mortgage pilot
20th March 2018
Capsicum Re has confirmed its role as reinsurance broker working with Arch Capital Group's new Washington D.C. based subsidiary, Arch MRT on the new mortgage credit risk transfer program Integrated Mortgage Insurance, IMAGIN. Led by Steven Rance, Capsicum Re's mortgage indemnity division and Arch have assembled the panel of re/insurers that will ... Read the full article
Aon UK hires Matt Kimber as Chief Risk Officer
20th March 2018
Aon UK Ltd has announced that Matt Kimber has been appointed new Chief Risk Officer (CRO) of the company, replacing current interim CRO John Nicholson. Kimber, who joins Aon from broker Jardine Lloyd Thompson (JLT), will become an Aon UK board member, and will report to Julie Page, Chief Executive Officer ... Read the full article
Aon’s One Underwriting unit appoints new Director from Swiss Re
19th March 2018
Global insurance and reinsurance broker Aon's Australian third-party distribution business, One Underwriting, has appointed Adam Cox as its new Director, as former One Underwriting Director, Alison Smith, transitions to the firm's broking area. Cox joins the broker after eight years with reinsurance giant Swiss Re, where he was most recently responsible ... Read the full article
JLT Re names Vinod Krishnan as CEO, Asia Treaty
19th March 2018
Global reinsurance broking and consultancy provider JLT Re has announced the appointment of Vinod Krishnan as Chief Executive Officer (CEO), Asia Treaty. Krishnan, who is based in Singapore, will be responsible for developing JLT Re’s business in the region by building its treaty offering in the ASEAN nations and South Korea. He ... Read the full article
UK annuity market shows maturity, 2018 poised to be most active year: Intermediaries
16th March 2018
Following the announcement that Rothesay Life has reinsured a £12 billion chunk of Prudential plc’s annuity book, intermediaries have noted increased maturity in the UK bulk annuity market, with 2018 set to be the most active year on record for bulk annuities (buy-ins and buy-outs). According to James Mullins, Head of ... Read the full article
BMS launches new Innovation Labs platform
15th March 2018
Specialist insurance and reinsurance broker BMS Group Limited has announced the launch of a new platform to support both the company and the wider risk transfer industry, called BMS Innovation Labs. The platform will focus on driving innovation by using new technologies and business approaches to deliver optimal outcomes for clients, ... Read the full article
Marsh becomes first re/insurance broker to join the Enterprise Ethereum Alliance
15th March 2018
Re/insurance broker and risk management firm Marsh, LLC has announced that it has joined the Enterprise Ethereum Alliance (EEA). Now with over 400 member companies, the EEA is the world’s largest blockchain initiative, although Marsh represents the first re/insurance broker to join its ranks. The EEA’s objective is to establish industry standards ... Read the full article
AFL Insurance Brokers appoints Alex Mott to lead new marine division
15th March 2018
Independent Lloyd’s broker AFL Insurance Brokers (AFL) has appointed Alex Mott to head up its newly launched commercial Marine division, as Director of Marine. Mott previously managed the Ed / CGNB Marine broking team as Head Broker. His career as a Lloyd’s broker and broking team manager has seen him specialise ... Read the full article
U.S. commercial insurance prices show modest increase in Q4: Willis
13th March 2018
A survey by Willis Towers Watson’s Commercial Lines Insurance Pricing Survey (CLIPS) has revealed a slight increase in U.S commercial insurance prices in the fourth quarter of 2017, compared with the previous year. The survey found that price changes continued to average less than 1% for the 10th consecutive quarter, following ... Read the full article
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