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.
Q3 2017 could be the costliest quarter ever for natural catastrophes: Aon
9th October 2017
The catastrophe risk modelling team of reinsurance broker Aon Benfield, Impact Forecasting, has said that the impacts of catastrophe events during the third-quarter of 2017 will likely make it one of the costliest quarters ever for natural disasters. During the month of September, 2017, hurricanes Irma and Maria combined with other ... Read the full article
LaLone joins Lockton Re from Willis Re as Managing Director, U.S.
9th October 2017
Reinsurance broker Lockton Re has announced the appointment of Charles (Chip) LaLone from Willis Re, as Managing Director in the U.S. In his new role, LaLone will be responsible for Lockton Re's advisory and treaty placement capabilities, as well as leadership responsibilities for improving customer relationships. LaLone is regarded as a casualty ... Read the full article
Marsh promotes Ellen Charnley to Captive Solutions president
6th October 2017
Marsh has promoted Ellen Charnley from global sales leader to president of its Marsh Captive Solutions business with immediate effect. Charnley will assume leadership of Marsh's advisory solutions and 1,200 captives in 44 domiciles around the world, reporting to Michael Poulos, Marsh’s Client Advisory Services Leader, and succeeding Nick Durant, who has ... Read the full article
Brokers expect London re/insurance market to retain position after Brexit
5th October 2017
A survey of re/insurance brokers found that 80% of those polled are confident that the London insurance and reinsurance market will retain its global position after the UK leaves the European Union. Despite the results of the Brexit vote and the fact the UK is heading for an exit from the ... Read the full article
Guy Carpenter hires Yoder as innovation and product development MD
4th October 2017
Reinsurance broker Guy Carpenter has hired Claude Yoder, previously Head of parent company Marsh's Global Analytics unit, as Managing Director and Global Chief Innovation and Product Development Officer, as from September 18th. Yoder will be based in the Guy Carpenter New York office and will report to Rob Bentley, Managing Director ... Read the full article
Capsicum Re bolsters cyber risk team with new appointment
2nd October 2017
Specialist reinsurance brokerage, Capsicum Re, has named Conrad Williams as the newest addition to its cyber risk team, effective immediately. Williams will report to Ian Newman and Samantha Thompson, partners at the firm's London property and specialty unit, and brings extensive cyber risk knowledge to the role. Williams has completed a four-year ... Read the full article
23 new members join B3i market testing phase
2nd October 2017
B3i, the blockchain insurance industry initiative, has announced that 23 new entrants have joined its Market Testing program, following the launch of a working market testing prototype at the meeting of the reinsurance industry in Monte-Carlo. The B3i initiative has attracted global interest, and the testing phase is scheduled to start ... Read the full article
Marsh promotes Katherine Brennan to executive roles
28th September 2017
Marsh & McLennan Companies has appointed Katherine Brennan to Deputy General Counsel, Corporate Secretary and Chief Compliance Officer, with effect from October 18. Brennan will report to Peter Beshar, Executive Vice President and General Counsel of Marsh & McLennan, and be based in the Company’s New York headquarters. Beshar said; “I am ... Read the full article
Guy Carpenter enhances capital & hours clause modelling with MetaRisk 10
26th September 2017
Guy Carpenter has advanced its capital modelling capabilities with the addition of an automation enhancing functionality - MetaRisk 10 - that supports firms in one of the most important capital management considerations, the Best Capital Adequacy Ratio (BCAR). The new addition to the firm's platform for building and updating models supports ... Read the full article
Steve Bale joins Aon’s Risk Settlement team from L&G
22nd September 2017
International insurance and reinsurance broker, Aon, has appointed Steve Bale from Legal & General (L&G) as a principal consultant in its Risk Settlement division. Bale has 19 years of experience in the life and pension sector, and was most recently a prudential risk actuary covering large UK and U.S. pension risk ... Read the full article
UIB appoints Keith Gribben to Financial Director
21st September 2017
Re/insurance broker United Insurance Brokers (UIB) has appointed Keith Gribben to Group Financial Director with immediate effect. In his new London-based role, Keith will work alongside Shaun Barrington, Chief Executive Officer, (CEO) United Insurance Brokers and Tony Dilley, CEO International at UIB International, reporting to Group Chairman Bassem Kabban. Bassem Kabban, said; “We ... Read the full article
JLT Re partners with kWh Analytics to deliver solar energy solution
20th September 2017
JLT Re, the reinsurance arm of global broker JLT, has entered into a new partnership with data repository and risk management provider for the solar industry, kWh Analytics. The new partnership is JLT Re's latest move in the the InsurTech space, and will see the development of a new risk transfer ... Read the full article
Willis Re in senior hires of Wafer & Livingston for North America
20th September 2017
Global reinsurance broker Willis Re has made two senior hires in its North America unit, with the appointment of Tom Wafer as Chairman, Willis Re, North America, and Jeffrey Livingston as Vice-Chair. Tom Wafer joins Willis Re from hedge fund strategy reinsurer Third Point Re (USA) Ltd., where he held the ... Read the full article
Ed names Minesh Jani named CEO of MENA & India
19th September 2017
Global reinsurance brokerage, Ed, has named Minesh Jani as its new Chief Executive Officer (CEO) of MENA, India and Indian sub-continent. He joins the broker from Aashvaasanam Analytics Limited in Mumbai, a company which he founded in order to support the development of a global reinsurance operation. Before founding Aashvaasanam Analytics, Jani ... Read the full article
Willis appoints Martin Hiller to Head of International Construction
18th September 2017
Willis Towers Watson has named Martin Hiller, who joins from JLT, as Head of International Construction of its Corporate Risk and Broking unit. Hiller will lead client management, technical, placement and risk management specialists to support Willis Towers Watson construction clients in risk mitigation, reporting to Alex Clayton, CEO of Construction. Alastair Swift, ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
