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.

Gallagher adds six to global aerospace team

20th February 2020

Global re/insurance broker Gallagher has announced six senior appointments within its global aerospace team. All new arrivals will be split between the firm’s London and New York offices. In New York, Matt Donohue and Thomas Klaus, who will be starting on 24 February, join as senior vice presidents. Donohue brings over 15 years’ ... Read the full article

MMC elects Jane Holl Lute to Board of Directors

20th February 2020

Marsh & McLennan Companies has announced that its Board of Directors has elected Jane Holl Lute as a Director, effective March 1st, 2020. Lute brings extensive experience and knowledge to the company, having had a distinguished career across the public and private sectors. For more than a decade she served in the ... Read the full article

New Dawn Risk hires Senior Treaty Broker from Barbican

17th February 2020

New Dawn Risk Group Limited, an independent specialist intermediary for non-marine liability and specialty insurance and reinsurance, has announced the appointment of Rachel Cohen as a Senior Treaty Broker. Cohen joins the company from Barbican Syndicate at Lloyd’s 1955 where she most recently served as a Class Underwriter of International Casualty ... Read the full article

Berkshire (BHSI) expands European team with Swiss Re CorSo hire

17th February 2020

Berkshire Hathaway Specialty Insurance (BHSI) has expanded its European team and named Daniel Weinmann as head of customer and broker engagement in Germany. Weinmann joins from Swiss Re Corporate Solutions, having most recently served as head of sales for Germany. He brings over 20 years’ experience to the role and will be ... Read the full article

Ironshore reorganises wholesale distribution operations

14th February 2020

Ironshore, the Bermuda-domiciled holding company and Liberty Mutual subsidiary, has announced the realignment of its wholesale distribution platform. Going forward, the company will have dedicated wholesale underwriting resources in the US for its core specialty businesses of property, casualty, environmental, health and professional lines, as well as additional regional distribution resources. The ... Read the full article

Arthur J. Gallagher to acquire Affiliated Benefit Consultants in Illinois

13th February 2020

Arthur J. Gallagher & Co. has announced the acquisition of Affiliated Benefit Consultants, Inc., a US provider of benefit consulting services. Affiliated Benefit Consultants was founded in 1986 and is based in Oakbrook, Illinois. Following the acquisition, President John Araujo and his associates will continue to operate in their current location. Going forward, ... Read the full article

Australian disasters highlight need for long-term resilience: Aon analysts

13th February 2020

The increasing frequency and severity of weather-related disasters in Australia highlight a need to focus on more long-term resilience measures, according to analysts at re/insurance broker Aon. Australia recorded one of its most notable years for weather disasters in 2019, which is already the fifth largest insured loss year over the ... Read the full article

Commercial insurance pricing up 11% in Q4, reports Marsh

12th February 2020

Global average commercial insurance prices increased by 11% in the fourth quarter of 2019, according to data released by re/insurance brokerage Marsh. The firm’s Global Insurance Market Index found that average price increases were driven mainly by growth in property insurance rates and financial and professional lines. Last quarter marked the ninth ... Read the full article

Gallagher announces new CEOs of UK Specialty business & Pen Underwriting

11th February 2020

Global re/insurance brokerage Gallagher has announced that Jonathan Turner will become Chief Executive Officer (CEO) of its UK domiciled Specialty operation, subject to regulatory approval. Turner's appointment comes as current CEO of the business, John Thompson, takes on a new role as Head of Business Development for the UK-based operation. As part ... Read the full article

Miller adds facultative reinsurance specialist from Aon

11th February 2020

Specialist insurance and reinsurance brokerage, Miller, has announced the appointment of Michael Lazarus to its Facultative Reinsurance team. Lazarus started his career in the re/insurance industry in 1993 and joins Miller from rival re/insurance broker Aon in London. During his career, he has worked in London, Australia, the U.S., Hong Kong, ... Read the full article

David Merry named Head of Besso Re

11th February 2020

London-headquartered insurance brokerage, Besso Insurance Group, has appointed David Merry as Head of Besso Re. Merry brings roughly 35 years of experience as a broker in both the London and international wholesale insurance markets. He joined the Lloyd's of London broker in 2018 to explore strategic growth and development opportunities for the ... Read the full article

Aon promotes Tassarotti to Deputy CEO, Global Facultative reinsurance

10th February 2020

Luca Tassarotti has been promoted to the role of Deputy CEO, Global Facultative in the broking groups Aon Reinsurance Solutions division. Tassarotti had previous held a European facultative reinsurance focused position as the Deputy CEO of Facultative reinsurance for the Europe, Middle East and Africa (EMEA) region at Aon. The company confirmed ... Read the full article

HWI appoints international political violence, terror and cyber expert

10th February 2020

Independent global insurance brokerage, HWI International, has added political violence, terror and cyber specialist, Paul Loring, to its London office. As HWI continues to build out its International Political Violence, Terrorism and Cyber placements, the addition of Loring adds more than three decades of industry expertise to the division. Most recently, he ... Read the full article

Marsh & McLennan adds Krause as Southeast Regional CEO

7th February 2020

Marsh & McLennan Agency, the middle market agency of global re/insurance broker Marsh, has announced the appointment of Peter Krause as Southeast Regional Chief Executive Officer. Effective immediately, Krause will report to David Eslick, chairman and CEO of MMA, and oversee MMA’s offices in Georgia , Alabama, Tennessee, Kentucky and Tallahassee. He ... Read the full article

Alliant adds Marianne Chow to property and casualty team

7th February 2020

US specialty insurance broker Alliant Insurance Services has announced the appointment of Marianne Chow as Vice President in its Bay Area property and casualty team. Prior to joining Alliant, Chow was Vice President with a national insurance and consulting firm. She also has experience as a risk manager and as a corporate ... Read the full article

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