Reinsurance 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.
1st December 2021
Global re/insurance broker Willis Towers Watson has named Anthony Monaghan as GB Industry Transportation Leader for its Risk & Broking Division in GB. Monaghan joins from Marsh, where he most recently led their Manufacturing & Automotive Industry. Prior to MMC’s acquisition of JLT, he was Marsh’s Transportation Leader for the UK and ... Read the full article
1st December 2021
Fintech startup Pand.ai has announced the launch of GINA.sg, an English-Chinese bilingual WhatsApp Chatbot that helps car owners in Singapore find motor insurance. GINA.sg will be launched in partnership with insurers Allianz, Etiqa and MSIG. It will offer digital brokerage services for general insurance under the Monetary Authority of Singapore (MAS) Fintech ... Read the full article
29th November 2021
Re/insurance broker Willis Towers Watson (WTW) and software provider CodeEast have announced a global partnership offering a new digital transformation solution for insurance companies and MGAs. Combining WTW’s Radar Live with CodeEast's ONEview digital insurance platform, the solutions is designed to maximise profit margins and reduce operational costs using product distribution ... Read the full article
29th November 2021
Global re/insurance broker Willis Towers Watson has added Ben MacCarthy to its Corporate Risk and Broking (CRB) business as Head of Casualty Asia, effective December 1. MacCarthy will be based in Hong Kong and reports to Paul Ward, Head of Global Markets P&C in Asia at WTW. He brings over 15 years' experience ... Read the full article
26th November 2021
Mitsui & Co., Ltd. has acquired a majority share in Singapore-based insurance and reinsurance broker, Pana Harrison (Asia) Pte. Ltd., which will be rebranded to Mitsui Bussan Pana Harrison Pte. Ltd. Mitsui invested in Lloyd's broker PHA in 2020, and has been expanding its re/insurance broking business by establishing a presence ... Read the full article
25th November 2021
Global insurance broker, Arthur J. Gallagher & Co. has announced the acquisition of Park City, Utah-based Real Estate Insurance Solutions for an undisclosed sum. Founded in 2004, Real Estate Insurance Solutions offers a range of real estate errors & omissions insurance/cyber liability coverages. Its clients include commercial and residential real estate agents ... Read the full article
24th November 2021
Marsh McLennan and BitSight have entered a partnership to help both organisations better understand, measure, and manage their cyber risks. Marsh McLennan's recently announced Cyber Risk Analytics Center will leverage BitSight Security Ratings, data, and analytics, enabling clients to better understand their cybersecurity performance and make more informed risk management decisions. Throughout ... Read the full article
23rd November 2021
International insurance broker Howden has joined forces with Everbridge, Inc., a leader in critical event management (CEM) and national public warning solutions, to enable response and recovery organisations to address climate risk and resilience. The first-of-its-kind collaboration brings together Everbridge's public safety technology with Howden's insurance expertise. By combining Everbridge's tech with ... Read the full article
23rd November 2021
Ted Hodgkinson, Head of Corporate Risk and Broking in Hong Kong and Macau at insurance and reinsurance broker Willis Towers Watson (WTW), has assumed the additional role as Leader of Hong Kong and Macau. Hodgkinson has served as interim Leader since October and formally takes over the helm from Roger Steel, ... Read the full article
23rd November 2021
A group of re/insurers tracked by Willis Re reported improved combined ratios through the first nine months of the year despite elevated catastrophe losses in the third quarter, while half the cohort achieved double-digit growth in premiums. A recent report by Willis Re, which explores the 9M 2021 performance of the ... Read the full article
22nd November 2021
Re/insurance broker Aon has announced the appointment of Jillian Slyfield as its new Chief Innovation Officer, effective December 1st. Slyfield joined Aon in 2015 and most recently served as Digital Economy Practice Leader, where she addressed digital disruption of traditional industries and the on-demand economy. Prior to this, she served as an ... Read the full article
22nd November 2021
Christopher Croft, CEO of broker body LIIBA, says governmental input into the UK’s future financial services regulatory regime has so far contained many of the ingredients needed to foster a vibrant commercial insurance sector, capable of flourishing across markets globally. However, Croft stressed how the "proof is in the pudding" and that ... Read the full article
22nd November 2021
The UK’s Competition and Markets Authority (CMA) said this morning that it has ended its investigation into and cleared Arthur J. Gallagher & Co's (Gallagher) planned acquisition of the Willis Re treaty reinsurance business. The investigation has been ended as the CMA has decided now further action is required and said ... Read the full article
18th November 2021
Oneglobal Broking, the commercial re/insurance brokerage owned by investor JC Flowers, has appointed Lisa Siggery as Executive Director, Risk and Compliance. Siggery will report to Mike Reynolds, Group CEO, and brings over 30 years of experience in the insurance sector, over 20 of which in internal audit, risk management and compliance. During ... Read the full article
18th November 2021
International insurance and reinsurance broker, Willis Towers Watson (WTW), has announced that Inga Beale, Fumbi Chima, Michael Hammond, and Michelle Swanback will all join its Board of Directors in 2022. These additions to its Board follow on from WTW's announcement in August that Carl Hess will succeed John Haley as ... Read the full article
