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.
Marsh McLennan commits to net zero by 2050
31st March 2022
Marsh McLennan has committed to reaching net zero across its operations by 2050, alongside reducing its carbon emissions by half in the next eight years. All this was detailed in the firm’s just-released Accelerating Impact report, where it sets out its emissions reduction target. That target, says Marsh McLennan, is aligned ... Read the full article
Miller names Andrew Barr as Broker, Credit & Political Risk
31st March 2022
Specialist re/insurance broker Miller has appointed Andrew Barr to its Credit and Political Risks (CPRI) team as Credit & Political Risk Insurance Broker, where he will continue to be based in London. Barr joins from Texel, where he spent the last four years as a broker. Prior to Texel, he was ... Read the full article
Marsh McLennan appoints Mikhail Vanyo as general counsel
31st March 2022
Marsh McLennan has appointed Mikhail Vanyo as general counsel of Marsh. Vanyo will succeed Katherine Brennan, who was made senior vice president and general counsel earlier in the month. He will report directly to Martin South, president and CEO of Marsh, as well as Brennan. Based in New York, Vanyo will ... Read the full article
Guy Carpenter appoints Enoizi as global head of public sector
30th March 2022
Global reinsurance broker Guy Carpenter has appointed Julian Enoizi as global head of public sector. The firm said that the position would become effective on 11 April. Enoizi will be responsible for driving the company’s growth strategy. He will work with the global team to identify opportunities to address systemic risks, such ... Read the full article
Gallagher makes multiple appointments in southern UK offices
30th March 2022
Gallagher has made a number of people moves in its UK business to help support its continued growth. According to the firm, it has made seven appointments through several of its offices in the south of the country. It said that it has appointed Steve Risk as regional managing director of the ... Read the full article
WTW names Joseph Noss as Senior Director, Finance Sector
30th March 2022
WTW, a global advisory, broking and solutions company, has appointed Joseph Noss as Senior Director, Finance Sector, in the company’s Climate and Resilience Hub (CRH), where he will be based in London. In his new role, Noss will lead engagement with financial institutions, markets and regulators worldwide to support the transition ... Read the full article
Miller launches new France-based cargo team
30th March 2022
Broker firm Miller is launching a new, France-based team to expand its cargo facilities across Europe. Joining the team will be Nicolas Juge, who will be head of cargo; Gaëlle Besnardeau, account executive; Murielle Ducamp, claims executive; and Melissa Oddoze, account handler. The team will be located in Marseilles. They are ... Read the full article
Pricing must remain favourable to outstrip inflation: Gallagher Re
29th March 2022
Analysts at reinsurance broker Gallagher Re have contended that pricing and terms need to remain favourable in order for re/insurers to maintain or grow margins in 2022 and 2023. Reflecting on recent conference calls, the broker noted that inflation remains one of the most widely discussed themes among senior executives. Last year, ... Read the full article
TigerRisk appoints Simon Chandler and Richard Laird to key positions
29th March 2022
TigerRisk has made what it calls two ‘key hires’ in Australia and the UK. The firm said it was entering the Australian Reinsurance and Programme Market with the appointment of Simon Chandler as head of reinsurance broking, programmes and binders. Based in Sydney, Australia, he will be responsible for driving the ... Read the full article
UK pension schemes increasing number of investments, says Aon
28th March 2022
Global re/insurance broker Aon has said that with 2022 promising to be another active year in the UK pension risk settlement market, an increasing number of schemes are focusing on their investment approach in the bid to be “settlement ready”. Aon’s recent Global Pension Risk Survey 2021/22 showed that more UK ... Read the full article
WTW appoints Richardson as leader for Insurance Consulting & Technology Europe
28th March 2022
Global insurance broker, risk advisor and consultancy WTW has appointed Tammy Richardson as Europe Regional Leader for its Insurance Consulting and Technology (ICT) business. Richardson previously served as the UK & Ireland Leader for the same business. Within her new role, Richardson will lead a team of over 500 colleagues with responsibility ... Read the full article
WTW goes into partnership with RIMS
25th March 2022
Advisory firm WTW is to go into a three-year partnership with the Risk Management Society (RIMS) to ‘advance the practice of risk management’ within Asia Pacific organisations. The firm said that the partnership aims to promote the development of risk professionals in the region and equip them to succeed in an ... Read the full article
Aon enhances its catastrophe forecasting model
25th March 2022
Aon is to enhance its Impact Forecasting catastrophe model for severe convective storm (SCS). The insurance broker said it will incorporate the latest climate science gained from a collaboration with academic researchers Dr. Robert Trapp from the University of Illinois at Urbana-Champaign, and Dr. John Allen from Central Michigan University. The data ... Read the full article
Arthur J. Gallagher acquires Commercial Insurance Underwriters
25th March 2022
Global insurance broker, Arthur J. Gallagher & Co, has acquired Commercial Insurance Underwriters (CIU), a surplus lines agency offering commercial, personal and professional lines coverages for businesses and individuals with complex, unique or hard-to-place risks, primarily throughout the upper and lower Midwest. Founded in 1984, CIU is a surplus lines agency ... Read the full article
WTW adds open source capabilities to Radar software
25th March 2022
Re/insurance broker WTW has today announced the launch of the newest version of its Radar software, which features a fully integrated Python capability. By integrating Python into Radar, insurers using the software will be able to combine its pricing capabilities with other open source software. WTW says the new version of Radar ... Read the full article
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