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.
Aon adds Whelan & Stewart to UK operations leadership team
24th January 2022
Re/insurance broker Aon has bolstered its operations leadership team in the UK with the appointments of Katy Whelan as London Chief Operating Officer(COO) and Charles Stewart as Head of Strategy, Planning and Implementation, Aon Business Services (ABS), UK. They are both based in London and will report to Nathan Shanaghy, Aon ... Read the full article
Net zero goals top LIIBA’s agenda for 2022
24th January 2022
The London and International Insurance Brokers’ Association (LIIBA) has highlighted the issue of how to achieve net zero goals as one of its key goals for 2022, as leaders brace for another year of change at an “unprecedented pace.” In its agenda for this year, LIIBA said that the government’s desire ... Read the full article
Lou Smith to lead WTW’s Consulting and Technology business
24th January 2022
WTW has has appointed Lou Smith to the company’s Insurance Consulting and Technology business, where she will lead the unit’s Commercial Lines data strategy and expand its digital trading capability. Smith most recently served as the first Chief Digital Officer at Lloyd’s of London, holding the responsibility for shaping and delivering ... Read the full article
Howden acquires Italian firm Tower
24th January 2022
Broking company Howden has bought the Italian broking and risk consultants Tower. This is another acquisition of an Italian company by Howden, following the firm’s deal to take on Andrea Scagliarini in July last year. Howden’s newest acquisition specialises in the jewellery sector and is based in Vicenza. Luigi Sturani, regional CEO ... Read the full article
Aon’s Stefan Weda to join WTW as leader of CRB Benelux
21st January 2022
Stefan Weda has joined insurance and reinsurance broker, WTW, from rival Aon as the new leader of the company's Corporate Risk & Broking (CRB) operation for the Benelux countries. Effective May 1st, Weda takes on responsibility for accelerating growth in the CRB markets across the region, and for leading the Benelux ... Read the full article
TWIA committee selects Aon for catastrophe risk modelling
20th January 2022
The Actuarial & Underwriting Committee of the Texas Windstorm Insurance Association (TWIA) has recommended the organisation contract with broker Aon for its catastrophe modelling services. A request for proposals in October 2021 from the TWIA saw propositions put forwards by Aon for $600,000 and $1.6m, respectively. The Committee recommended at this ... Read the full article
One80 acquires Pearl Insurance
20th January 2022
Massachusetts-based One80 Intermediaries has purchased broker firm Pearl Insurance for an undisclosed amount. The purchase of the 350-person company will see One80 take over a firm that operates throughout the US, and reportedly has partnerships with over 100 carriers. Matthew F. Power, president of One80 Intermediaries, said in a statement: “The team ... Read the full article
Alliant names Collin Krickl as Vice President, Phoenix
19th January 2022
US insurance broker Alliant has appointed Collin Krickl as Vice President to its team in Phoenix. He joins with years of expertise in property and casualty insurance and risk management to service Alliant's base of clients across the Southwest region. Prior to joining Alliant, Krickl was a Business Insurance and Risk Management ... Read the full article
Hiscox’s Liz Kim joins Gallagher Re’s cyber reinsurance team
19th January 2022
Reinsurance broker Gallagher Re has appointed Hiscox's Liz Kim to its 40-plus strong cyber reinsurance team, based in San Francisco. The hire sees Gallagher Re continue its strategic investment in industry talent and specialist expertise to meet the evolving needs of clients and growing exposures. In her new role, Kim will further ... Read the full article
Lockton Re hires Aon’s Rob Kreager
19th January 2022
Global insurance broker Lockton's dedicated reinsurance division, Lockton Re, has appointed Rob Kreager as a Senior Broker and Accident, Health & Life segment leader. Kreager joins the company from insurance and reinsurance broker Aon, where he most recently served as a Managing Director & Co-Leader of Accident, Health & Life Global ... Read the full article
Acrisure Re names Ming Li as Global Head of Cat Modeling
18th January 2022
Acrisure Re, the re/insurance broker and fintech platform of Acrisure, has announced the appointment of Ming Li to the new role of Managing Director and Global Head of Catastrophe Modeling. Effective January 18th, he will be based in New York and will report to Michael Cross, President of Acrisure Re North ... Read the full article
WTW appoints Julie Baker to new role
18th January 2022
WTW has appointed Julie Baker to be its new lead relationship management for the banking sector. Baker will begin her role in April, moving to WTW after working for over two decades at Marsh. There, she designed and managed bespoke financial lines programmes for a broad spectrum of financial services clients ... Read the full article
Cyber market still hardening as underwriting view shifts: analysts
18th January 2022
Analysts at some of the top re/insurance brokers have noted that the cyber reinsurance market is continuing to see hardening rates following another challenging year for losses in this sector. Gallagher Re classified the primary cyber markets as “truly hard” at recent renewals, but said there is still room for reinsurance ... Read the full article
Gallagher names Head of Financial Lines for Middle East
13th January 2022
Global re/insurance broker Gallagher has appointed Daniel Miller to lead its financial lines operations for clients in the Middle East. Miller will join Gallagher in April from Aon, where he has worked for the last eight years as Regional Head of Financial and Professional Liability (finpro) for the Middle East. He has ... Read the full article
Aon hires Pete Rutherford as Enterprise Client Leader, FI, UK
11th January 2022
Insurance and reinsurance broker Aon has appointed Pete Rutherford as Enterprise Client Leader, Financial Institutions in the UK, reporting to Richard Phelps, Head of Financial institutions (FI), UK and EMEA. Rutherford will help build key client relationships for Aon ... Read the full article
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