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.
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
Willis adds Divisional Director to Financial Solutions Division
13th July 2017
Global insurance and reinsurance broker, Willis Towers Watson, has hired Stephanie Pariot as a Divisional Director within its Financial Solutions Division, which is part of the firm's Global Financial Lines and Corporate Risk and Broking unit. Pariot joins Willis Towers Watson with more than a decade of investment banking experience, having ... Read the full article
TigerRisk becomes first broker to join blockchain research centre
10th July 2017
TigerRisk Partners has become the first insurance broker to join R3 and ACORD's, Association for Cooperative Operations Research and Development, insurance industry Centre of Excellence for Distributed Ledger Technology/blockchain. The Centre of Excellence was launched to provide a dedicated environment for both R3 and ACORD members to research and experiment with ... Read the full article
Willis acquires 49% stake in Indian insurance broker Almondz
10th July 2017
Willis Towers Watson has acquired a 49% stake in Indian composite insurance broker Almondz, the joint venture will combine Willis' global network and expertise with Almondz' local reach and clientele. Almondz serves clients across a broad range of industries and sectors with nine offices throughout the country and over 300 associates. Almondz ... Read the full article
Willis names James Jackson Head of FINEX FI for Great Britain
10th July 2017
Global insurance and reinsurance brokerage, Willis Towers Watson (WTW), has named James Jackson Head of FINEX Financial Institutions (FI) for Great Britain (GB), succeeding Dr. Paul Search. WTW's FINEX business is part of its Corporate Risk and Broking division, and acts as the broker's financial, executive and professional risk specialty group. Jackson ... Read the full article
John Doyle to succeed Peter Zaffino as CEO of Marsh
7th July 2017
Marsh & McLennan Companies, Inc. has announced the appointment of John Doyle as Chief Executive Officer (CEO) of Marsh, replacing Peter Zaffino after his recently announced move to AIG. Doyle's appointment is effective immediately, and he will report to President and CEO of Marsh & McLennan, Dan Glaser, and will continue to ... Read the full article
Jonathan Tilman announced as Ed’s Chief Actuary
6th July 2017
International reinsurance brokerage, Ed, has announced the appointment of Jonathan Tilman from Charles Taylor Managing Agency, as Chief Actuary. Tilman will take up the position during the final quarter of this year, and brings more than 30 years of London market experience, and 20 years of executive management experience to the new ... Read the full article
Beach & Associates names Daniel Shaw Senior Vice President
6th July 2017
Insurance and reinsurance broker Beach & Associates (Beach) has announced the appointment of Daniel Shaw as Senior Vice President (SVP), leading the firm's wholesale property and casualty treaty unit in London. Shaw brings nearly two decades of industry experience to the new role, and most recently served as North American Casualty ... 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.
