Reinsurance News

Reinsurance broking news

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

Craig Douglas named EVP of RFIB Americas

10th September 2018

Global Lloyd's insurance and reinsurance broker, RFIB Group Limited, has announced the appointment of Craig Douglas as an Executive Vice President of RFIB Americas, effective immediately.  Douglas joins from JLT Specialty Bermuda, and will be based in RFIB's Bermuda office, ... Read the full article

Excess capital remains dominant price driver: JLT Re’s Ed Hochberg

10th September 2018

JLT Re, the reinsurance broking arm of global brokerage JLT Group, believes an absence of reinsurance rate increases following the the catastrophes of 2017 demonstrates how excess capital has more bearing on pricing than any other factor. Speaking in Monte Carlo today at the Reinsurance Rendez-vous, the Chief Executive Officer of JLT ... Read the full article

Innovation key to London ILS success: GC Securities’ Des Potter

10th September 2018

With the UK having updated its insurance-linked securities (ILS) regulatory and tax regime last year in an effort bolster its competitiveness throughout the transition out of European Union membership, the Managing Director of GC Securities, Des Potter, has discussed how London can build on its early success and become an ... Read the full article

Aon launches new advisory unit for capital optimisation

9th September 2018

Global re/insurance broker Aon has launched of a new Capital Advisory unit within its Aon Reinsurance Solutions business, designed to deliver holistic approaches to capital optimisation for re/insurers, Lloyd’s syndicates, and captives. Led by Eric Paire, who joined Aon from Guy Carpenter in March, the new Capital Advisory team will ... Read the full article

“Flat but functional” property cat market is new norm: Willis Re CEO

9th September 2018

A “flat but functional” pricing environment for property catastrophe is likely to become the “new norm” for reinsurers following a fairly subdued year for renewals despite high catastrophe losses in 2017, according to James Kent, Global Chief Executive Officer (CEO) of Willis Re. Speaking at a press briefing during the first ... Read the full article

JLT Re appoints Henry Sanderson to London Global Markets division

9th September 2018

JLT Re, the reinsurance broking arm of global brokerage JLT Group, has announced that Henry Sanderson is to join the London Global Markets division this week. He will be focusing on Digital Risks & Innovation - Cyber and related products. “With our recent hiring of Erica Davis in New York and ... Read the full article

Alternative reinsurance capital increasing in size and maturity: Aon Securities

9th September 2018

As at June 30th, 2018, the volume of alternative capital in the re/insurance industry reached a record $98 billion, according to the investment banking division of insurance and reinsurance broker Aon, Aon Securities. Aon Securities recently published its annual report on the insurance-linked securities (ILS) space, which highlights continued growth across ... Read the full article

Guy Carpenter launches GC Genesis, an expanded InsurTech advisory service

9th September 2018

Guy Carpenter & Company, LLC, the reinsurance broker and wholly owned subsidiary of Marsh & McLennan Companies, has launched an expanded InsurTech advisory offering called GC Genesis. The new service represents a comprehensive, insurer-centric approach to the evolving space of data, analytics, and digital technology-based solutions, and is designed to go ... Read the full article

Re/insurers search for growth as pace of market change accelerates: Priebe, Guy Carpenter

8th September 2018

Global insurers and reinsurers are seeking new growth avenues in response to numerous challenges being driven by the accelerate pace of change across the sector, according to the Vice Chairman of reinsurance broker Guy Carpenter, David Priebe. An abundant supply of capital from both traditional and alternative sources continues to hinder ... Read the full article

One third of Defined Benefit schemes now targeting buyout: Willis Towers Watson

7th September 2018

One third (32%) of Defined Benefit (DB) pension scheme trustees are now targeting a buyout with an insurer, with a further 5% aiming to run the scheme off over time with a buyout-like level of funding, according to re/insurance broker Willis Towers Watson (WTW). It found that the remainder of DB ... Read the full article

JLT Re hires Michel Fontaine from Guy Carpenter

7th September 2018

JLT Re, the reinsurance broking arm of global brokerage JLT Group, has hired Michel Fontaine, former Senior Reinsurance Broker at Guy Carpenter, as a Partner in its Paris Office. Fontaine has nearly 20 years of re/insurance market experience, having also previously held a number of senior positions Swiss Re, and started ... Read the full article

Aon’s reinsurance business announces new hire & series of UK leadership changes

7th September 2018

Global re/insurance broker Aon has announced a series of role changes within its London-based UK leadership team as well as the hiring of Peter Stubbings as a replacement for outgoing Chief Executive Officer of Global ReSpecialty, Bob Bisset. Bisset will become UK Growth Leader, overseeing Aon’s nine UK business divisions. He ... Read the full article

Gallagher promotes Steve Kluting within Food & Agribusiness Practice Group

7th September 2018

Gallagher has announced that it has promoted Steve Kluting to national director of product recall, within its Food & Agribusiness Practice Group. Kluting joined Gallagher in 2014, and has 18 years of experience as a "food lawyer", says Gallagher. He helps the firm's food, beverage and restaurant clients prepare for food ... Read the full article

Occam adds Alan Punter to Board as Non-Exec Director

7th September 2018

Specialty Lloyd’s of London managing general agent (MGA), Occam Underwriting, has added Dr Alan Punter to its Board as a Non-Executive Director. Punter worked for 25 years in global insurance broking groups Sedgwick, Alexander & Alexander and then Aon, where he was Managing Director in the Chairman's Office, and Chief Executive ... Read the full article

JLT Re hires Aon’s Vijay Mavani as Partner for Capital Solutions

6th September 2018

Reinsurance broker JLT Re has announced that Aon Benfield’s Vijay Mavani will be joining the firm as a Partner for its European and Global Capital Solutions business, starting in early 2019. Mavani has spent the previous 17 years at Aon Benfield, where he most recently served as Corporate Solutions Director. He ... Read the full article

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