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.
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
WTW appoints Andrea García Beltrán to new role
26th May 2022
WTW has appointed Andrea García Beltrán as the new head of FINEX, for Latin America. Based in London, Andrea joins WTW from RSA, where she was the UK and international Head of Cyber for underwriting for four years. Andrea will relocate to the region upon joining WTW, bringing more than 15 years’ ... Read the full article
Howden appoints Marsh’s Sarah Neild to lead UK Cyber Retail Practice
26th May 2022
International insurance broker, Howden, has appointed Sarah Neild as Head of UK Cyber Retail, where she will report to David Rees, and be based in London. Neild will join Howden in November once her contractual obligations have been fulfilled. Her appointment reflects Howden’s commitment to continue with investing in its Cyber proposition, ... Read the full article
Aon hires Craig Fenster for agriculture reinsurance team
26th May 2022
Aon has hired Craig Fenster to be managing director of its agriculture reinsurance team. Fenster, who announced the move on LinkedIn, is joining the firm from Accelerant Holdings where he was exposure reporting lead. Before that position, he spent over five years as vice president of underwriting at AmTrust Financial Services. He ... Read the full article
Marsh names Global Political Risk & Structured Credit Leader
24th May 2022
Re/insurance broker Marsh has announced the appointment of Rob Perry as Global Political Risk & Structured Credit Leader, Marsh Specialty, effective July 1. Based in London, he will oversee the development of Marsh Specialty’s political risk and structured credit capabilities globally, reporting to Nick Robson, Global Leader, Credit Specialties, Marsh Specialty. Perry ... Read the full article
BMS names WTW’s Ted Hodgkinson as Executive Chairman, Asia
23rd May 2022
Ted Hodgkinson has joined insurance and reinsurance broker BMS from WTW as its new Executive Chairman for Asia, where he will play a key part in bolstering the company's geographic reach within the region and promote a collaborative and client-centred approach. Hodgkinson joins BMS in late November 2022 after more than ... Read the full article
“Demand for untapped minerals could fuel geopolitical tensions” – Marsh
23rd May 2022
A new report from Marsh says that rising competition for untapped mineral resources could fuel geopolitical tensions. The firm, in its 2022 Political Risk Report, says that while land borders between countries remain key delineators of political risk, competition for ocean territory, minerals, and space will increasingly influence interstate relations. Marsh said ... Read the full article
Guy Carpenter promotes Petka & Underwood within GC Access
23rd May 2022
Reinsurance broker Guy Carpenter has named Matt Petka as President of GC Access North America and Branch Manager of the firm's Dallas office, as Riley Underwood takes over as Head of Client Solutions for GC Access, effective immediately. Guy Carpenter launched its GC Access unit in 2020 to provide dedicated ... Read the full article
Brokerslink adds six to network
20th May 2022
Broker firm Brokerslink has added six technology firms to its network. The six founding ‘B.tech affiliates’ are: BWD (digital transformation), KYND (cyber security), Innovagency (digital experience), Inovretail (data science provider) , IT Power (business process and claims management) and Lightico (customer experience). According to the company, the new affiliates are the first ... Read the full article
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