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.
Howden Re recruits Matt Beard as President of Global Programs
10th June 2022
Howden Insurance Brokers Limited has appointed Matt Beard as Managing Director and President of Global Programs at its reinsurance broking arm, Howden Re. The hire follows news that Howden is planning to acquire TigerRisk Partners in a $400 million deal as it looks to create a “much-needed” fourth global reinsurance ... Read the full article
WTW appoints Timothy Pratt to new role in its ICT business
10th June 2022
WTW has appointed Timothy Pratt as director of actuarial property and casualty in its Insurance Consulting and Technology (ICT) business. According to a statement from the firm, Pratt will be responsible for leading project teams focused on designing and implementing client reserving solutions. He will also play a key role in ... Read the full article
Howden acquires TigerRisk, creating “much-needed” fourth global reinsurance broker
9th June 2022
Howden Group Holdings is set to enhance the scale and depth of its reinsurance and capital markets offering with the acquisition of broker, TigerRisk Partners. The deal, which remains subject to regulatory approvals, represents almost $400 million of combined reinsurance revenues and provides clients with access to 450 experts across over ... Read the full article
Aon expands MasterTrust team
9th June 2022
Re/insurance broker Aon has made three new appointments to support growth in its master trust and related defined contribution (DC) solutions. Hâf Lloyd-Birchall joins as a senior client manager, having previously worked as a DC consultant at PwC, where she supported a range of companies on governance, communications, and scheme strategy ... Read the full article
WTW launches healthcare risk and analytics tool
8th June 2022
Leading advisory and broking solutions company, WTW has launched a new risk and analytics tool for clients in the healthcare industry. HPL Quantified will provide clients with a unique set of assessment options to optimise their risk transfer, focused on Hospital Professional Liability (HPL) in the United States. Similar to other proprietary ... Read the full article
Aon makes senior UK Capital Advisory hire within Reinsurance Solutions
8th June 2022
Leading global professional services firm, Aon Plc, has appointed Joanna Parsons as strategic growth leader of UK Capital Advisory within the firm’s Reinsurance Solutions. She will be based in London, and will report to Ben Love, UK strategic growth leader for Reinsurance Solutions. Within her new role, Parsons will use her experience ... Read the full article
WTW announces new hires in M&A & Life Sciences teams in North America
7th June 2022
Leading global advisory, broking and solutions company, WTW, has announced new hires in its Mergers and Acquisitions (M&A) and Life Sciences teams in North America. The first appointment is Stephen J. Feick, who joins WTW as Deputy Director of Life Sciences, North America. Feick has more than twenty years of experience within ... Read the full article
WTW enhances Climate Diagnostic tool
7th June 2022
Insurance and reinsurance brokerage WTW has enhanced the capabilities of its Climate Diagnostic tool. The tool, originally launched in April last year, will now allow clients to generate tailored, instantaneous, and in-depth TCFD reports using their own collected data. Andy Smyth, head of GB risk and analytics, WTW, said: “Climate change ... Read the full article
Gallagher Re makes six hires in Asia-Pacific region
6th June 2022
Reinsurance broker Gallagher Re has hired six senior executives to augment its businesses in the Asia-Pacific region. The firm said that it had hired Yuan Tian as its new strategic and financial analytics lead for the region; Roshan Perera as executive director of the regional development team; and Cliff Downing as ... Read the full article
Lockton Re appoints Leader of Capital Markets
31st May 2022
Global insurance broker Lockton's dedicated reinsurance division, Lockton Re, has announced that Zach Breslin has joined the company as the Leader of Lockton Re Capital Markets. Within this role he will support the build out of the practice working closely with Robert Bisset - Chairman Global Retrocession & Property Specialty, Bermuda ... Read the full article
Reinsurance premium growth at 11%, but clouds on horizon: Gallagher Re
31st May 2022
Gallagher Re is reporting that premium growth among the reinsurers it tracks remained strong in Q1 2022, reaching 11%. The firm said that this result had been achieved partly through continued favourable pricing for commercial lines and reinsurance business. Strongest premium growth, the company said, came from the global reinsurers, along ... Read the full article
Cyber risk confidence stagnating, says new Marsh report
30th May 2022
Confidence in being able to manage cyber risk has not improved in the last two years, according to a new report from Marsh. The report, The State of Cyber Resilience, questioned over 660 cyber risk decision makers globally and analyses how cyber risk is viewed by various functions and executives ... Read the full article
WTW launches cyber coverage for ports & terminals
27th May 2022
Leading advisory and broking solutions company, WTW has released a new specialist cyber coverage for ports and terminals. CyNav for Ports and Terminals is designed to address the specific cyber threats faced by port and terminal owners and operators. The coverage provides flexible and tailored cover for business interruption losses, including those ... Read the full article
Aon’s Reinsurance Aggregate achieved ROE of 10.9% in 2021
27th May 2022
A new report reveals that the Aon Reinsurance Aggregate achieved a return on equity (ROE) of 10.9% in 2021, which is the best result since 2014. The firm said that investment returns provided much of the impetus, with equities and other alternative assets performing strongly during the year. On the underwriting side, ... Read the full article
Oneglobal Broking hires Adriano Oka as CEO, Reinsurance Brazil
26th May 2022
Oneglobal Broking has appointed Adriano Oka as Chief Executive Officer (CEO), Reinsurance Brazil, effective immediately. Within his new role, Oka will report to Nery Silva, CEO Mercosul, Oneglobal Brazil. As a highly experienced insurance and reinsurance professional, Oka brings over 20 years of experience within the market, towards his new role. Prior to ... Read the full article