Reinsurance News
Reinsurance broking news
Reinsurance broker news, analysis and insight, covering reinsurance broker market 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.
JLT Re names Andrew Ferrier as Executive Vice President
14th August 2017
JLT Re has named ex-Aon Benfield reinsurance broker Andrew Ferrier as a new Executive Vice President to lead the MGA business throughout the Western region. Ferrier brings over 25 years industry experience to the role, joining from an 18 year tenor as Senior Broker at Aon Benfield in San Francisco. Ed Hochberg, ... Read the full article
Spinnaker selects TigerEye platform to structure reinsurance portfolio
11th August 2017
Spinnaker has chosen to use TigerRisk Partners’ TigerEye® platform to help the company structure its reinsurance portfolio and support its existing underwriting strategy, particularly for catastrophe exposure management. TigerEye is a portfolio roll-up and reinsurance structuring tool, created by the reinsurance broker and capital advisor TigerRisk Partners, that helps insurers make data-driven ... Read the full article
Willis Towers Watson appoints Fabien Conderanne to Asia Pacific Financial Solutions Deputy Head
9th August 2017
Willis Towers Watson has named Fabien Conderanne as new Deputy Head of Asia-Pacific Financial Solutions, as the firm continues to strengthen its financial services capabilities across the region. Fabien will begin his Singapore based role, which was created as a new position, on 1 August 2017, and will report to Stuart ... Read the full article
Guy Carpenter appoints CEO and Chairman for Asia Pacific region
2nd August 2017
Reinsurance brokerage Guy Carpenter has announced two senior promotions in the Asia Pacific region, naming Tony Gallagher as CEO of the Asia Pacific Region and Richard Jones as Chairman of the Region. Gallagher, who was most recently CEO of the Pacific Region at Guy Carpenter, takes on his new role as ... Read the full article
Brokers must educate SMEs on rising security threats: A.J. Gallagher
1st August 2017
A report commissioned by Arthur J. Gallagher (A. J. Gallagher) reveals how unprepared UK small and medium-sized enterprises (SMEs) are to manage and respond to rising security threats, calling on the broker community to improve awareness and education of the exposures. UK SMEs are becoming increasingly aware of security threats to ... Read the full article
Marsh & McLennan Agency announces hire of new President and COO
1st August 2017
Marsh & McLennan Agency (MAA) has expanded its executive team with the appointment of Bill Jeatran to President and Christina Mott to Chief Operating Officer. Jeatran and Mott will be reporting to Chairman and CEO of MMA David Eslick. Jeatran succeeds Ben Allen who has left the firm; as President he'll develop the ... Read the full article
JLT Re names Ben Gray as new London & International Cyber Treaty partner
31st July 2017
JLT Re has named Ben Gray as a new Partner in the firm's London and International Markets (LIM) team, where his main focus will be on Cyber Treaty reinsurance. Gray brings extensive experience in the Cyber Treaty reinsurance brokerage space, joining from a position as Cyber Treaty broker with Ed, prior ... Read the full article
THB names Rodrigo Botelho Director of its European division
31st July 2017
Specialist insurance and reinsurance brokerage, THB, has named Rodrigo Botelho Director of its European division, in a move designed to expand the firms reinsurance capabilties, effective October 1st, 2017. Botelho joins the firm from Universal Seguros in Angola and will be based in the firm's Amsterdam, Holland office. Prior to Universal Seguros he held ... Read the full article
Lower rates & stagnant reinsurance sector hindering broker growth: MarketLine
27th July 2017
The global insurance broking industry grew at a compound annual growth rate (CAGR) of 7% between 2012 and 2016, however, MarketLine warns that despite impressive growth, lower commissions and the stagnant reinsurance industry are contributing to a slowed growth trend for the sector. Data and analysis from research firm, MarketLine, shows that ... Read the full article
U.S. Risk acquires Strategic Insurance Underwriters
27th July 2017
U.S. domiciled property and casualty wholesaler, U.S. Risk Insurance Group, Inc., has acquired specialist trucking managing general agent (MGA) and broker, Strategic Insurance Underwriters. Strategic Insurance is based in Florida, U.S., and has 34 years worth of experience providing tailored insurance solutions to the trucking and transportation sectors. After the acquisition and ... Read the full article
Will brokers role in value chain be disrupted by digital? Inga Beale
27th July 2017
As market middle men the role of brokers has come under fire with re/insurers moving further on down the value chain to access risk directly as their revenue and profitability is squeezed by the softening reinsurance market environment, and with the digital revolution disrupting all industry players, the brokers role in ... Read the full article
Beach names Julian Goldberg as senior Vice President
25th July 2017
Beach & Associates has named Julian Goldberg, joining from RenaissanceRe Syndicate 1458, as newly appointed Senior Vice President (SVP). As Beach SVP Goldberg will be London-based, reporting to partner, Adam Hedley, and will help steer the firm's growth and management of its casualty reinsurance business and product development. Hedley commented; “Beach’s growing ... Read the full article
New Dawn Risk Group gets approval to operate as registered Lloyd’s broker
18th July 2017
New Dawn Risk Group Limited, an independent specialist intermediary for non-marine liability and specialty insurance and reinsurance, has been given approval to operate as a registered Lloyd's broker. The approval comes after the group traded for nine years as an appointed representative of Grosvenor Brokers (America) LLC and more recently of ... Read the full article
Choolhun joins Ed from RKH Specialty as a Divisional Director
18th July 2017
International reinsurance broker, Ed, has named Roshan Choolhun Divisional Director of its Accident & Health (A&H) and Contingency operations. As part of his new role at Ed, Choolhun will be tasked with growing the firm's A&H and Contingency business with a focus on expanding the company's presence in the Middle East, ... Read the full article
Tom Hettinger to lead Guy Carpenter’s U.S. & Canadian advisory capabilities
18th July 2017
Global reinsurance broker, Guy Carpenter, has announced the appointment of Tom Hettinger as the new head of its capital, structured risk, growth and rating agency advisory capabilities in both the U.S. and Canada. Hettinger will report to Rob Bentley, head of Global Strategic Advisory, and will be based in the broker's Chicago, U.S. office. Hettinger ... Read the full article