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.
JBA & Chedid Re announce five-year partnership
22nd June 2022
Flood risk modeller, JBA Risk Management (JBA) has signed a five-year partnership with reinsurance broker, Chedid Re. The partnership will allow the broker to use JBA’s global flood model, which will enable Chedid Re to provide flood risk analytics and catastrophe modelling services to its clients across the Middle East, Africa, ... Read the full article
Lockton Financial Services appoints Millett as new CIO
21st June 2022
Lockton has appointed M. Machua Millett as chief innovation officer and alternative investment practice leader within its Lockton Financial Services (LFS) unit. Millett joins Lockton from Marsh, where he spent 12 years in a variety of leadership roles, most recently as chief innovation officer in the company's FINPRO Practice. Based in ... Read the full article
Hands to succeed Collins as Miller CEO
21st June 2022
Leading independent specialist re/insurance broker, Miller has announced that James Hands will succeed Greg Collins as Chief Executive Officer of the company. Collins will move to become Chair of the Partnership Board, succeeding Graham Clarke who will retire. The broker has said that these changes will take place on 1 January 2023, ... Read the full article
Ed’s Kirk Chesley leaves to join Capacity Place
21st June 2022
Wholesale insurance and reinsurance broker firm Ed is losing Kirk Chesley, executive vice president, who is leaving to take up a new position as broking director of Capacity Place. Chesley announced the news on Linkedin, stating that he had started in his new position nthis month after nearly twelve years at ... Read the full article
UIB adds Osama Altajer to Aviation & Space Team
20th June 2022
International re/insurance broker UIB has announced the appointment of Osama Altajer as Aviation Production and Risk Management Executive. Based in UIB’s offices in London, he will report directly to Miles Taffs, Managing Director, Aviation Division. Altajer brings over 20 years of experience negotiating with global brokers & insurers, innovating new facilities, handling ... Read the full article
WTW appoints Victor De Jager as head of property for Europe
20th June 2022
WTW has appointed Victor De Jager as head of property for Europe. In his new role, De Jager will be based in Amsterdam and will report into Garret Gaughan, head of direct and facultative, alongside Anne Pullum, head of Europe and head of commercial risk and broking (CRB) for Europe. Gaughan said ... Read the full article
WTW appoints Martuscelli to lead real estate & hospitality practice
20th June 2022
Re/insurance broker WTW has announced the appointment of James Martuscelli as Head of The Real Estate & Hospitality Industry Practice within Corporate Risk and Broking (CRB), North America. In his position, Martuscelli will oversee client retention and growth strategies across the industry practice. He will focus on the development of commercial insurance ... Read the full article
Pricing, losses and capacity of insurance sector affected by war, pandemic & cats
17th June 2022
Secondary catastrophes are affecting the pricing, losses and capacity of the insurance sector; this has made Q1 2022 a lot more eventful and unpredictable, according to Howden Broking. This accumulation of secondary peril events - which are looking more like primary perils – is happening alongside the war in Ukraine, the ... Read the full article
WTW names two leaders for Natural Resources & Construction lines
16th June 2022
Insurance and reinsurance brokerage, WTW has announced two leadership appoints to its Natural Resources and Construction lines of business within the Asia Corporate Risk & Broking business, effective January 2023. Nicki Tilney will join WTW as Head of Construction, Power & Renewables in Asia, in a new role that has been ... Read the full article
Howden Insurance Brokers appoints Kenneth Durbin to new role
14th June 2022
Howden Insurance Brokers has appointed Kenneth Durbin to be its new managing director and head of strategy for global programs. Durbin comes to the company from a senior vice president role at Guy Carpenter, which he joined in 2017. Prior to Guy Carpenter, Durbin was assistant vice president at Willis Re. The ... Read the full article
Aon agrees to sell eDiscovery practice to TCDI
14th June 2022
Broker Aon, has agreed to sell its eDiscovery practice to TCDI – a leading provider of legal services, software and cybersecurity. The acquisition will strengthen and expand TCDI’s eDiscovery capabilities and geographic reach into the UK. It will also add expansive advisory services such as information and governance to the company’s comprehensive ... Read the full article
WTW appoints Simon Lusher to lead food and drink specialism
14th June 2022
Leading global advisory, broking and solutions company, WTW, has appointed Simon Lusher as Client Relationship Director for Large and Complex Risks. Based in London, Lusher joins WTW from JLT Specialty (now Marsh); he will be reporting into Garret Gaughan, Head of Direct & Facultative. He will be responsible for risk solution development ... Read the full article
Gallagher appoints Mike Parry as partner in its renewable energy team
10th June 2022
Gallagher has appointed Mike Parry as a partner in its renewable energy team to focus on offshore wind risks. In his new role, Parry will be responsible for delivering risk transfer solutions for clients as the offshore wind sector evolves, both in terms of new technology deployment and risk financing maturity ... Read the full article
Howden Tiger will be a breath of fresh air in reinsurance: David Howden
10th June 2022
For re/insurance broking group Howden, the recently announced acquisition of TigerRisk Partners transforms its position in the reinsurance space, with the enlarged business set to challenge the status quo and empower talent, according to Howden Group's Chief Executive Officer (CEO), David Howden. Yesterday, Howden announced an agreement to create the ... Read the full article
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
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
