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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.

THB Europe adds Jord Westerloo as facultative broker

1st September 2020

THB, the specialist re/insurance broking operation of US wholesale broking giant AmWINS, has announced the appointment of Jord Westerloo as facultative broker for THB Europe. Westerloo’s appointment follows THB Europe’s engagement in July of a new executive director to lead its treaty offering. He has worked for Aon Re Netherlands since 2016, ... Read the full article

Troy Cook takes CFO role at Lockton

1st September 2020

Insurance and reinsurance broker Lockton has announced the appointment of Troy Cook as its new Chief Financial Officer (CFO), effective September 24th. As CFO, Cook will lead Lockton's strategic finance function in alignment with the company's growth plan, while reporting to Lockton’s Chairman, Ron Lockton. Most recently, Cook served for over 20 ... Read the full article

Capsicum Re to rebrand as Gallagher Re from October

1st September 2020

Reinsurance brokerage Capsicum Re is set to rebrand itself, to reflect its parent company, as Gallagher Re from October 1st, aligning its reinsurance business with the broader Gallagher retail and wholesale insurance broking arm. Arthur J. Gallagher & Co. increased its interest in Capsicum Reinsurance Brokers LLP to 100%, from ... Read the full article

Reinsurance broker Ed hires from Paragon

28th August 2020

Reinsurance, wholesale and speciality broker, Ed, has announced the appointment of John Head as a broker and producer, effective immediately. Head will support the growth of the professional and executive risk portfolio, a key area of focus and development for the global reinsurance broker, and further strengthen the firm’s cyber offering. He ... Read the full article

Chedid Re partners with Hellenic Sun Insurance Brokers in Pakistan

28th August 2020

Lloyd's broker Chedid Re has signed a strategic partnership with Hellenic Sun Insurance Brokers (HSB) that sees it become HSB's new co-broking partners in Pakistan. The partnership is considered an opportunity for Chedid Re to expand into the region, and will see the company provide insurance and reinsurance support and expertise ... Read the full article

Marsh Commercial to provide risk & insurance services to Pall-Ex Group

27th August 2020

UK insurance broker and risk advisor, Marsh Commercial, part of Marsh, has announced that it is to provide insurance and risk management services to Pall-Ex Group. Pall-Ex Group is a global palletised freight distribution network comprised of SME haulage companies, and members of its pallet delivery network. This announcement follows the establishment ... Read the full article

Aon & WTW obtain shareholder approval ahead of combination

27th August 2020

The respective shareholders of global insurance and reinsurance brokers, Aon and Willis Towers Watson (WTW), have voted FOR all proposals surrounding the combination of the two companies. The shareholders of both brokers confirmed their approval of the proposed combination at their respective extraordinary general meetings and at the special meeting of ... Read the full article

Lockton hires new chief people officer

26th August 2020

Insurance and reinsurance broker, Lockton, has announced the hiring of Kelly Conway as their new chief people officer. Conway will lead Lockton's people strategy, focusing on continuing to attract, develop, and retain talent to support the broker’s growth. In addition to taking responsibility for central HR functions, she will partner across the ... Read the full article

Smaller bulk annuity transactions up over H1: Aon

25th August 2020

Re/insurance broker Aon has reported a rise in the number of smaller bulk annuity transactions due to favourable market dynamics over the first half of 2020. According to analysts at Aon, sub-£100 million transactions increased by 20% over H1 compared to the same period last year, and the firm expects this ... Read the full article

BMS expands Asia management team with addition of Amy Fu from Lloyd’s

25th August 2020

Specialist insurance and reinsurance broker, BMS Group, has announced the addition of Amy Fu from Lloyd's Asia to the management team dedicated to building and developing the firm's new operations in Asia. The establishment of BMS Group's new Asia operations remain subject to regulatory approvals. In her new role, Fu will be ... Read the full article

BMS hires Nebel & Biancardi from WTW as expansion plans continue

20th August 2020

Independent specialist reinsurance brokerage, BMS Group, has announced the appointment of Bradley Nebel as Branch Manager in its Chicago office, and Mariel Biancardi as Casualty Facultative Senior Vice President (SVP), effective immediately. In his new role, Nebel will report to Jonah Pfeffer, Chief Casualty Officer at the reinsurance broker's US arm. ... Read the full article

Guy Carpenter names Willis Re’s Livingston as Global Head of Sales

20th August 2020

Guy Carpenter, the reinsurance arm of global brokerage Marsh, has named Jeffrey Livingston as Global Head of Sales, effective September 1st, 2020, reporting to Peter Hearn, President and Chief Executive Officer (CEO), Guy Carpenter. In this newly established position, Livingston takes responsibility for leading all of the reinsurance broker's sales activities, ... Read the full article

Arceo adds Thomas Gamble as EVP, Global Chief Distribution Officer

19th August 2020

Risk analytics provider for the cyber re/insurance market Arceo has appointed Thomas Gamble as Executive Vice President, Global Chief Distribution Officer. Gamble was previously a National Brokerage Leader for Arch Insurance Group, and previously built and led the carrier's D&O practice. He also served as President of the Global Mergers & Acquisitions ... Read the full article

Nexus unites trade credit broking under Xenia brand

19th August 2020

Xenia Broking Group, the independent broking arm of the Nexus Group, has formally united under a single trading name and brand - Xenia. Nexus acquired Credit Risk Solutions (CRS) in October 2017 and Credit and Business Finance (CBF) in April 2019. Xenia is among the largest specialist trade credit and surety ... Read the full article

Aon sets up Capital Partners team to source ILS capacity

19th August 2020

Re/insurance broker Aon has announced the formation of a new team in its Reinsurance Solutions business that will provide additional sources of ILS capacity to clients. The Capital Partners team will initially bring third-party property catastrophe capacity to clients in London, Bermuda, Europe and Asia, before expanding into other business lines ... Read the full article

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