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Reinsurance News


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

Ed hires James Blacker as MD property and casualty from AJG

28th June 2017

Reinsurance brokerage Ed has announced the hiring of James Blacker from rival Arthur J Gallagher, who will join the firm as managing director of its property and casualty P&C division. Blacker will begin in the role in December and will report to Chris Bonard, CEO of Ed Specialty. He has more than ... Read the full article

BMS Capital Advisory assists in Coverys’ acquisition of R&Q Managing Agency

27th June 2017

BMS Capital Advisory, the investment banking and capital markets focused unit of insurance and reinsurance broker BMS and owned by Minova Insurance Holdings, said today that it was the sole investment banker to Coverys in its recently announced acquisition of Randall & Quilter's Lloyd's of London managing agency. The acquisition, ... Read the full article

JLT Re makes Deanna Williams new Bermuda business Partner

22nd June 2017

JLT Re has announced the hiring and appointment of Deanna Williams to Partner of the firms' Bermuda-based reinsurance brokerage business. She will be reporting to Charles Withers-Clarke, Partner of JLT Re in Bermuda. Withers-Clarke welcomed Williams to her new role; “I have worked with Deanna for many years and know her can do ... Read the full article

Andy Marcell named President of Aon Benfield

22nd June 2017

Andy Marcell has been promoted to the position of President at global reinsurance intermediary Aon Benfield, reporting directly to Chief Executive Officer Eric Andersen. Marcell joined Aon Benfield in 2015, becoming the Head of Strategy and working on ways to grow business coming through the broker's existing client base, as well ... Read the full article

B.P. Marsh invests in Ruggieri backed distribution startup XPT

20th June 2017

B.P. Marsh & Partners has invested $6 million into a New York based specialty lines insurance distribution company, XPT Group LLC (XPT). The investment represents a 35% shareholder gain in insurance distributor XPT, described as "a newly established operation which is in active discussions with a number of parties over potential minority or majority investments ... Read the full article

Ed makes five appointments as it expands professional and executive risks business

20th June 2017

Reinsurance broker Ed has made five new appointments as it looks to expand its professional & executive risk operations, which will be led by Paul Richards as Managing Director. The broker has named James Baird as Director, Neal Hughes as Divisional Director, Rupert Alabaster as Divisional Director, and James Faith as Producer/Broker. Chris ... Read the full article

Brokerage – the most attractive P&C re/insurance subsector: reports

14th June 2017

The broker community has remained a safe haven within the P&C re/insurance market, buoyed up by a hedge of commission rates, near-term positive organic growth prospects, and a strong bargaining position fuelled by the stiffly competitive soft market environment. However, looking farther ahead, the increasingly blurred roles of brokers and re/insurers could ... Read the full article

Willis Towers Watson restructures Corporate Risk and Broking leadership

14th June 2017

Insurance and reinsurance broking group Willis Towers Watson has restructured the leadership of its Corporate Risk and Broking business, in an effort to better align itself with client needs and to better manage their risks. The team is led by Philip Smaje, Global Head of Broking, and consists of broking leaders ... Read the full article

Marsh names leaders for new aviation consortium

12th June 2017

Insurance and reinsurance brokers Marsh have named senior leaders for its newly launched aviation insurance consortium, the Aircraft Finance Insurance Consortium (AFIC). The consortium, which is backed with capacity from four major re/insurance players, Allianz, AXIS Capital, Sompo International (formerly Endurance), and Fidelis, will offer a “unique non-payment insurance product” ... Read the full article

Ed appoints Ian Wicks to non-marine reinsurance chairman

6th June 2017

Reinsurer and specialty broker Ed has bolstered its reinsurance division with the appointment of Ian Wicks as chairman of non-marine reinsurance, who joins from Willis Re. Wicks will take up his role with immediate effect, reporting to Kieran Angelini-Hurl, CEO of Ed’s reinsurance division. Commenting on the appointment, Angelini-Hurl said; “I am delighted to ... Read the full article

Guy Carpenter hires van Oort from Gen Re as MD for Benelux operations

1st June 2017

Reinsurance broker Guy Carpenter has announced that it has hired Hans van Oort from General Re to be Managing Director of its Benelux operations, as the company looks to strengthen its regional team. van Oort will join Guy Carpenter as of the 1st December 2017, taking on responsibility for growing Guy ... Read the full article

JLT Re adds Sammur from Gen Re to North America team

31st May 2017

Reinsurance broker JLT Re has appointed Tony Sammur as Executive Vice President in Stamford, Connecticut, hiring him from reinsurer Gen Re. Sammur will tasked with helping to continue the expansion and development of JLT Re’s Regional team, led by John DeMartini, Executive Vice President, JLT Re (North America) Inc. “We are pleased ... Read the full article

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

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