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.
WTW collaborates with LSM & Markel on digital commercial insurance platform
17th November 2022
WTW has collaborated with Liberty Specialty Markets (LSM) and Markel to launch the pilot phase of a new digital commercial insurance platform. The venture between the three companies will aim to help improve connectivity, giving brokers flexible trading options and insurers speed and scale. Using globally-recognised data standards, WTW noted that the ... Read the full article
One80 acquires Comprehensive Planning – Goodman LLC.
17th November 2022
One80 Intermediaries, a specialty insurance broker, has acquired Comprehensive Planning – Goodman LLC. (CPG), an independent brokerage and managing general agency specialising in life insurance. According to the announcement, this move marks One80’s second major acquisition in the life insurance space, firmly establishing offerings in all 50 states. Boston-based CPG was established ... Read the full article
QBE Re’s Larson named BMS Re’s Managing Director, Co-Head of casualty broking
16th November 2022
Specialty reinsurance broker, BMS Re, has appointed Christopher Larson as managing director, co-head of casualty broking, effective immediately. Within this role, Larson will be based in New York, where he will report to Sean Ryan, deputy chief executive officer, and immediately contribute to the continued build out of BMS Re’s North ... Read the full article
WTW to partner with UNICEF on child focused cyclone project
16th November 2022
Broking and solutions company, WTW, has helped to create the United Nations Children’s Fund’s (UNICEF) new initiative to provide sustainable disaster and climate change protection to meet the specific needs of vulnerable children. The ground-breaking UNICEF Today and Tomorrow Initiative will invest in climate resilience and anticipatory action for improved cyclone ... Read the full article
Marsh appoints Christos Adamantiadis as CEO, Continental Europe
15th November 2022
Leading insurance broker and risk advisor, Marsh, has announced the appointment of Christos Adamantiadis as CEO, Continental Europe, effective from the 1st of January 2023. Adamantiadis joined Marsh back in 2018 and is currently CEO of Marsh’s Middle East and Africa region. Before joining the firm, he was Chief Executive of UAE-based ... Read the full article
Sammy Free joins Brokerslink as new affiliate
14th November 2022
Brokerslink, a global broking business, has added Sammy Free, an insurance and reinsurance brokerage specialising in surety insurance, to its international network. From its headquarters in Spain, Sammy Free has been dedicated to enabling clients to obtain their guarantees in the field of technical guarantees since it was founded in 2012. ... Read the full article
Michael Kolodner named renewable energy leader at Marsh Specialty
14th November 2022
Marsh has appointed Michael Kolodner as its global renewable energy leader at Marsh Specialty. The firm said that Kolodner, who rejoined Marsh in 2020 as US power and renewable energy leader, will maintain his current responsibilities, while also leading an integrated team of more than 250 renewable energy specialists around the ... Read the full article
BMS Re acts as broker for Conifer Holdings LPT transaction
14th November 2022
BMS Re, the specialty reinsurance broker, has announced it has acted as broker and advisor for a bespoke Loss Portfolio Transfer (LPT) transaction on behalf of Conifer Holdings, Inc., a specialty insurance holding company. According to the broker, this transaction marks the latest from BMS Re’s thriving legacy and capital solutions ... Read the full article
Guy Carpenter announces MetaRisk Live launch
10th November 2022
Reinsurance broker Guy Carpenter has announced the launch of MetaRisk Live, a new tool to enable real-time reinsurance strategy optimization. With MetaRisk Live clients will be able to evaluate instantly the impact of changes to their reinsurance structure, creating a dynamic process that supports a better understanding of buying decisions. This tool ... Read the full article
Lockton Re hires Ben Ryan to new London role
10th November 2022
Lockton Re has hired Ben Ryan as a senior broker within its non-marine retrocession and property specialty team in London. The firm said in a statement that Ryan began his career as part of the graduate programme at Aon’s reinsurance solutions. He then joined the non-marine retrocession team in 2015 and ... Read the full article
Copper unveils $500m of cold storage insurance, led by Canopius & brokered by Aon
10th November 2022
Copper.co, a provider of institutional digital asset custody and trading solutions, has secured $500 million of insurance protection for digital assets in cold storage from a panel of carriers led by specialty insurer and reinsurer, Canopius, and arranged by re/insurance broker Aon. For Copper, obtaining this level of insurance coverage follows ... Read the full article
McGill and Partners adds Petersen to US Casualty team
9th November 2022
Specialist re/insurance broker McGill and Partners has appointed Casey Petersen Partner and Head of the US Casualty team. In his new role, Petersen will be responsible for building out and maintaining the US client base for large casualty; including general liability, workers compensation, auto liability, and umbrella/excess liability. Petersen has over 23 ... Read the full article
Aon acquires ERN to drive cat modeling & consultancy in LatAm
9th November 2022
Global professional services firm, Aon, has acquired ERN (Evaluación de Riesgos Naturales), a Mexico-based leader in risk assessment modeling. The acquisition will help drive and expand Aon’s catastrophe modeling and consultancy capabilities in Latin America. Founded in 1996, ERN has developed modeling capabilities that are specific to Latin America and backed by ... Read the full article
WTW welcomes new members to North America fac team
8th November 2022
Global advisory and broking solutions company, WTW, has appointed three new senior hires to its North America Facultative team. Ivan Breen has been appointed Head of North America Facultative, Chris Lynam as Head of Property, and Andy Murray as Head of Casualty. Breen is joining WTW from Canopius, where he operated as ... Read the full article
BRP losses worsen, but organic growth up 28%
8th November 2022
Independent insurance distribution firm BRP Group has reported a net loss of $46.7 million for the third quarter of 2022, worsening nearly twofold from the loss of $24.6 million that it reported for the same period last year. This includes an operating loss of $29.9 million, versus a loss of $6.9 ... Read the full article
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