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.
Ed appoints new Head of International Property and Casualty
14th February 2017
Specialty reinsurance broker Ed has named Namik Gulsun as head of international property and casualty, making this appointment the latest after what has been a series of new hires. Gulsun is set to take up his new position immediately, working alongside James Venton, head of U.S. property and casualty, and reporting ... Read the full article
Aon reports organic reinsurance revenue growth
10th February 2017
Insurance and reinsurance broker Aon plc has reported organic growth in its reinsurance operations at Aon Benfield in the final quarter of 2016. The broker reported a 2% increase in organic reinsurance related revenues at the firm, increasing from $323 million in the fourth-quarter of 2015 to $329 million in the ... Read the full article
Miller hires senior facultative broker from Guy Carpenter
10th February 2017
Insurance and reinsurance broker Miller Insurance Services LLP has hired a new senior broker and producer in an expansion of its facultative property capabilities. Damian Richards joins Miller from Guy Carpenter, where he acted as Senior Vice President, with a focus on managing production and placement of facultative reinsurance for UK ... Read the full article
Indian regulator calls for reinsurers to report overseas transactions
3rd February 2017
The Insurance Regulatory and Development Authority of India (IRDAI) has called on reinsurance companies to submit details of reinsurance transactions that involve overseas firms. In a recent note, the IRDAI, which is the country's insurance and reinsurance industry regulator, said that "it has been brought to the notice of the Authority that Reinsurance/Composite ... Read the full article
Neil Perry joins broker Ed from Willis Towers Watson as CFO
3rd February 2017
Reinsurance broker Ed has announced the appointment of Neil Perry, previously of Willis Towers Watson, as Group Chief Financial Officer (CFO). Perry, who has 30 years of financial management experience, is set to take over the role from outgoing CFO Russell Benzies and will report to Chief Executive Officer (CEO) Steve ... Read the full article
JLT Re appoints Pang as Managing Director of JLT Re Philippines
30th January 2017
Global reinsurance broker JLT Re has announced the appointment of William Pang as a new Managing Director for JLT Re Philippines, subject to regulatory approval. Pang has been with JLT Re for five years, working out of Singapore to manage broking clients in Singapore, the Philippines and Vietnam. Pang had previously ... Read the full article
Aon’s Steve McGill steps down to pursue new opportunities
25th January 2017
Steve McGill the Group President of insurance and reinsurance brokerage Aon is stepping down from the company to pursue new opportunities, the firm said today. McGill, who also held the position of Chairman and CEO of Aon's Risk Solutions group, has been in the insurance and reinsurance industry for around 40 ... Read the full article
RFIB launches Limehouse Agencies MGA
19th January 2017
Independent insurance and reinsurance broker RFIB Group Limited (RFIB) has announced that its holding company, TopCo, has established a new MGA, called Limehouse Agencies (Limehouse). In addition to the launch RFIB has revealed that Jack Gressier has been named as a Non-Executive Independent Director of TopCo, and also appointed as the founding ... Read the full article
Aon appoints executives to risk and consulting divisions
19th January 2017
Aon today announced the appointment of two executives to its risk and consulting divisions; James Platt will take on the role of Chief Operating Officer (COO) of Aon Risk Solutions and Michael Moran as Chief Executive Officer (CEO) of Aon Inpoint. Platt will work with Mike O’Connor, CEO of Aon ... Read the full article
Vista Reinsurance Promotes Ashley Mims to Senior Vice President
18th January 2017
Reinsurance broker Vista Reinsurance Intermediaries announced Vice President Ashley Mims’ promotion to Senior Vice President today. Mims first joined the company as Vice President and Reinsurance Broker in 2014, bringing more than 20 years of experience in financial analytics, client relationship management and new business development within the reinsurance industry. Philip C. ... Read the full article
Willis Towers Watson names Faber as Global Financial Lines leader
17th January 2017
Insurance and reinsurance broking specialists Willis Towers Watson has appointed Alexis Faber as Global Head of Financial Lines, a promotion from her current role as co-head. The unit comprises Financial and Executive Lines of insurance business, Financial Solutions and other financial products and is part of the company’s Corporate Risk & ... Read the full article
Insurers take advantage of buyers market at 1 Jan renewals: Aon Benfield
9th January 2017
Some reinsurance buyers took advantage of favourable terms and conditions (T&C) and the efficient wealth of reinsurance capacity at the key January 1st 2017 renewals, resulting in an increased demand for protection in more developed regions, according to Aon Benfield. As expected, the softening reinsurance environment persisted into 2017 and industry players ... Read the full article
JLT adds new office in New York for Reinsurance, Specialty, Capital Markets
19th December 2016
Jardine Lloyd Thompson Group plc (JLT), a leading insurance, reinsurance and employee benefits advisor, brokerage and service provider, has announced a move to a new office space in New York for its specialty, reinsurance and insurance capital markets units. JLT will be moving over 100 employees from its JLT Specialty USA, ... Read the full article
Bentley returns to lead new Global Strategic Advisory unit at Guy Carpenter
13th December 2016
Reinsurance broker Guy Carpenter has announced the launch of a new Global Strategic Advisory unit, which consists of its Advisory, Analytics, Structured Risk, M&A Advisory, Lloyd’s Capital, and Business Intelligence capabilities. Rob Bentley will re-join the reinsurance broker insurance focused sister firm Marsh, where he was most recently in charge of ... Read the full article
Guy Carpenter appoints Nash to lead new International division
13th December 2016
Reinsurance broking group Guy Carpenter has announced the appointment of long-time employee James Nash to the role of President, in a newly created International division, subject to regulatory approval. Nash, who has been with Guy Carpenter since 1985 and currently leads its Asia Pacific operations, will head up a unit covering ... Read the full article
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