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.
Aon names Gary Warman as Global Life Leader of STG
13th October 2022
Aon has appointed Gary Warman as global life leader of its Strategy and Technology Group, effective immediately. Warman is a qualified Fellow of the Institute of Actuaries and holds over three decades of experience in the life insurance industry, with significant experience in M&A, capital management, operational efficiency/cost management and developing ... Read the full article
Aon names Baum and Kielty to new UK commercial risk leadership roles
13th October 2022
Professional services firm Aon has overhauled its UK commercial risk leadership team, with James Baum to take on the role of head of wholesale and specialty broking, while Jane Kielty will become head of commercial risk UK. While Baum will continue to lead the Global Broking Centre in London, Kielty will ... Read the full article
UK firms at risk of underinsurance amid energy crisis: RSA
13th October 2022
Rising energy prices and economic turmoil are leading to a dramatic shift in the insurance needs of UK companies, according to new research by RSA Insurance. RSA’s inaugural Broker Pulse, a representative survey of more than 200 brokers from across the UK, warns of the risk of underinsurance for businesses in ... Read the full article
WTW makes senior hire for Luxembourg
13th October 2022
Advisory and broking solutions company, WTW has appointed Alain Dufraisse as Managing Director of its Luxembourg Captive and Insurance Management Solutions (CIMS) office. Within this role, he will report to Elizabeth Carbonaro, WTW CIMS regional lead for Western Europe. Overall, Dufraisse brings over 30 years of industry experience towards the role. Over ... Read the full article
Embroker hires David Derigiotis to new role as CIO
13th October 2022
Digital platform Embroker has named David Derigiotis as its new chief insurance officer. The firm said in a statement that Derigiotis was coming onboard to lead the development of Embroker’s innovative insurance vertical products, particularly cybersecurity, technology, and privacy offerings. Before taking on this new role, Derigiotis served as corporate senior vice ... Read the full article
Specialty Program Group forms new wholesale insurance division
13th October 2022
Specialty Program Group LLC (SPG) and Program Brokerage Corporation (PBC), has announced that PBC is spinning off its general wholesale, environmental, construction, cyber and professional liability divisions to SPG and will operate under the brand Specialty Wholesale Insurance Solutions (SWIS). SWIS will become a division within Specialty Program Group LLC. SPG is ... Read the full article
WTW launches new analytics platform
12th October 2022
Global advisory, broking and solutions company, WTW, has announced the launch of Risk Intelligence Quantified (Risk IQ), a platform aimed to help risk specialists to understand and navigate their business’s risk portfolio. According to the WTW, Risk IQ provides on-demand and direct access to the company’s modelling tools, allowing businesses to ... Read the full article
WTW adds Jamie Lee to Natural Resources team
11th October 2022
Global advisory, broking and solutions company, WTW, has appointed Jamie Lee as Managing Director, Head of Upstream Energy, North America, in its Natural Resources business. Based in Houston, Lee will be responsible for delivering tailored advice, developing solutions to capacity constraints for WTW’s clients, and growing the upstream portfolio. He will ... Read the full article
Consilium appoints six financial lines specialists from Ed Broking
10th October 2022
International re/insurance broker, Consilium, part of the Aventum Group, has appointed six financial lines specialists from Ed Broking. Neal Hughes and Nick Bachmann, previously Divisional Directors at Ed have been appointed Managing Partners at Consilium. Hughes spent six years at Ed Broking, as well as nine years at WTW, six years at ... Read the full article
Economic picture “exudes turmoil” for homeowners insurers: Aon
7th October 2022
The global macroeconomic picture continues to “exude turmoil” with negative impacts to homeowners insurers, Aon has said as part of its new Homeowners Return on Equity report. Analysts noted that the inflationary environment has had significant implications for reinsurance market capacity and utilization. Inflation adjusted values and claims payments drove both modelled ... Read the full article
Aon names Dell’Aglio as Global Tech Sales Leader of STG division
7th October 2022
Aon has announced the appointment of Morena Dell’Aglio as global technology sales leader within its expanding Strategy and Technology Group. The firm states that Dell’Aglio will be responsible for driving client awareness and innovation across a range of technology propositions, notably Tyche, ReMetrica and PathWise. She will also provide a critical link ... Read the full article
Huichih Ko joins Oneglobal Broking as Executive Director
7th October 2022
Commercial insurance and reinsurance broker, Oneglobal Broking has announced the appointment of veteran insurance practitioner, Huichih Ko as Executive Director. Based in Taiwan, he will be working closely with the Asia Leadership team in growing the Oneglobal’s Asian business. Through out his career, Ko has successfully led multiple businesses to growth. He ... Read the full article
Nils Arne Fagerli to lead Marsh Specialty’s Norwegian business
7th October 2022
Insurance broker and risk advisor, Marsh, has appointed Nils Arne Fagerli as Head of Specialty in Norway. Based in Oslo, Fagerli will start his new role in April 2023. He will assume overall responsibility for Marsh Specialty’s Marine & Cargo, Energy & Power, and Construction industry clients in the country. Additionally, the ... Read the full article
Gallagher Re to manage climate and food risk in Senegal
7th October 2022
Gallagher Re, the global reinsurance broking and advisory firm, has been selected by Senegal’s Public Solidarity Fund (FSN, Fonds de Solidarité Nationale) to develop a risk financing strategy for climate risk and food insecurity in the country. FSN is the national authority in charge of providing financial assistance to populations in ... Read the full article
Aston Lark Ireland announces acquisition of Pembroke Insurances
6th October 2022
Aston Lark Ireland, an insurance broker and Howden company, has announced the acquisition of Pembroke Insurances Limited. Set up in 2007 by Graham Weir and John McGuire, Pembroke Insurances has been providing commercial insurance solutions for over a decade, and has grown a strong reputation as a trusted name within the ... Read the full article