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Reinsurance broker news, analysis and insight, covering reinsurance broker market trends and opportunities.

Willis Towers Watson reinsurance growth potential seen above peers: Analysts

30th May 2017

Of the top-tier insurance and reinsurance broking groups it is Willis Towers Watson that is seen as having the highest growth potential in the reinsurance sector, but execution of the strategy will be key, according to analysts at Credit Suisse. Equity analysts Ryan Tunis and Crystal Lu at Credit Suisse see ... Read the full article

Broker Miller hires Ian Blick to head up facultative energy team

4th May 2017

Insurance and reinsurance broker Miller has hired Ian Blick to lead its facultative energy team. The announcement comes in addition to recent senior appointments in the facultative team, as Miller seeks to grow its capacity in the segment. Blick will work predominantly with Neil Higgins and the London team to manage and ... Read the full article

Willis Towers Watson names Bernstein to Head up GB Broking

27th April 2017

Consultancy, advisory, insurance and reinsurance broker Willis Towers Watson has named Clyde Bernstein as the new Head of Broking – GB for its Corporate Risk and Broking division. In the new role, Bernstein will report jointly to Philip Smaje, Global Head of Broking and Alastair Swift, Head of Corporate Risk & ... Read the full article

FCA investigation could raise regulatory risk for brokers: Credit Suisse

25th April 2017

After the UK financial conduct authority (FCA) revealed last week that it was investigating a number of UK insurance and reinsurance aviation brokers over the sharing and misuse of competitive and sensitive information, Credit Suisse analysts have warned of increased global regulatory risk. The FCA previously reported that it was ... Read the full article

FCA investigating UK aviation brokers over sharing & misuse of information

21st April 2017

According to industry reports a number of aviation insurance and reinsurance brokers are being investigated by the UK's financial conduct authority (FCA) over the sharing and misuse of sensitive information. Brokers Aon, JLT, Willis Towers Watson, and Marsh are being investigated by the FCA as part of its probe into the ... Read the full article

AmWINS expands with Partners acquisition

20th April 2017

AmWINS Group and Partners Specialty Group, are set to merge to form a single U.S. -based specialty insurance broking giant, with a global operating spectrum of $14 billion of combined annual premiums and 4,100 employees across 12 countries. Partners will join AmWINS' Brokerage Division, expanding the firm's broking capacity with its expertise ... Read the full article

India considers allowing 100% foreign investment in insurance broking

24th March 2017

The Indian government is considering lifting the lid on foreign direct investment (FDI) in insurance broking to give its insurance sector a capitalisation boost, the new Indian Express reported. According to an official, the government’s looking at a proposal to give insurance brokers the same treatment as India's other financial services ... Read the full article

Ed appoints Merrick as Head of Legal, Risk and Compliance

23rd March 2017

Global reinsurance broker Ed has named Joanne Merrick as Head of Legal, Risk and Compliance, a role she will start from June. Merrick has over twenty years of legal experience in the insurance and reinsurance sector, most recently gained at reinsurer Gen Re where she was regional general counsel for fifteen ... Read the full article

Indonesia issues operating license for new reinsurance brokers

13th March 2017

Indonesian government agency, the Financial Services Authority of Indonesia (OJK), has granted operational licenses to two new reinsurance brokerage companies, PT JLT Reinsurance Brokers and PT Inare Proteksi International, earlier this month, according to industry reports. The operational license allows the two brokers to commence operations beginning last week. OJK director for non-bank financial ... Read the full article

Toby Kayll joins THB from Integro as Managing Director, Marine

2nd March 2017

Specialist insurance and reinsurance brokerage, THB, has announced that Toby Kayll has joined the firm from Integro Insurance Brokers, as Managing Director of its Marine business. Kayll joins the firm with more than 20 years of industry experience, and joins from Integro where he was head of the broker's marine division. "Toby ... Read the full article

Ed brokers re/insurance for Iranian gas field projects

20th February 2017

Ed Broking, the London and global insurance and reinsurance brokerage, has completed the first arrangements in Iran that will see London market re/insurance capacity backing energy industry projects in the country since sanctions were in place. Since sanctions were eased in January it has now become possible for London market re/insurers ... Read the full article

JLT Specialty hires cargo re/insurance broking SVP from Willis

15th February 2017

Insurance and reinsurance broker Jardine Lloyd Thompson's (JLT) U.S. subsidiary, JLT Specialty USA, has announced Jim White as its newly appointed Senior Vice President to head up its insurance and reinsurance cargo broking. White joins from fellow brokerage Willis Towers Watson, and will work with JLT’s global Cargo team with a focus ... Read the full article

Ed appoints new Head of International Property and Casualty

14th February 2017

Specialty reinsurance broker Ed has named Namik Gulsun as head of international property and casualty, making this appointment the latest after what has been a series of new hires. Gulsun is set to take up his new position immediately, working alongside James Venton, head of U.S. property and casualty, and reporting ... Read the full article

Aon reports organic reinsurance revenue growth

10th February 2017

Insurance and reinsurance broker Aon plc has reported organic growth in its reinsurance operations at Aon Benfield in the final quarter of 2016. The broker reported a 2% increase in organic reinsurance related revenues at the firm, increasing from $323 million in the fourth-quarter of 2015 to $329 million in the ... Read the full article

Miller hires senior facultative broker from Guy Carpenter

10th February 2017

Insurance and reinsurance broker Miller Insurance Services LLP has hired a new senior broker and producer in an expansion of its facultative property capabilities. Damian Richards  joins Miller from Guy Carpenter, where he acted as Senior Vice President, with a focus on managing production and placement of facultative reinsurance for UK ... Read the full article

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