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

Aon appoints Weston Vice Chair of Bermuda Reinsurance Solutions

6th September 2019

Global re/insurance brokerage Aon announced the appointment of Neville Weston as Vice Chairman of its Reinsurance Solutions in Bermuda. He joins from Aeolus, where he served as a Partner and Senior Underwriter for its property catastrophe fund. Previously, Weston was with Guy Carpenter, having managed the firm’s casualty and professional liability broking ... Read the full article

Gallagher acquires lettings & landlord insurance broker RGA Group

5th September 2019

Global insurance brokerage Gallagher has announced the acquisition of RGA Group, a UK insurance intermediary comprised of the companies Rentguard Limited, Home & Travel Limited and RGA Underwriting Limited. In aggregate, Brentford-based RGA Group manages the insurance requirements of over 140,000 policyholders and since 2001 has built a multi-channel specialist capability ... Read the full article

Beach recruits JLT Re duo for London Wholesale Division

5th September 2019

Reinsurance brokerage Beach & Associates has continued to expand its London Wholesale Division with the appointments of Gavin Johns and Richard Emson. Johns and Emson both join the company from JLT Re, where they operated within the Facilities & Binders Division. They each bring over 30 years’ of industry experience in the ... Read the full article

Willis Re promotes Franck Pinette to lead Intl Life & Health Practice

5th September 2019

Willis Re, the reinsurance business of global re/insurance brokerage Willis Towers Watson, has promoted Franck Pinette to lead its International Life & Health Practice. Pinette, who joined Willis Re as Managing Director for EMEA Life & Health in 2018, brings over 30 years’ experience to the role. Prior to joining Willis Re, ... Read the full article

Capsicum Re expands London cyber team with four new hires

5th September 2019

Specialist reinsurance broker Capsicum Re has expanded its capabilities with the addition of four new appointments to its cyber team, based in London. Umair Ghani and Thomas Lashkari have joined as a cyber pricing actuary and a cyber analyst, respectively, and will report to Justyna Pikinska, Head of Analytics, Specialty Lines ... Read the full article

Lockton Re adds Simon Mills & Fraser Howard to London office

5th September 2019

Lockton Re, the reinsurance division of broker Lockton, has hired Simon Mills and Fraser Howard, previously of JLT, as part of its global healthcare reinsurance expansion. The pair will be based in London, and will be seeking to support collaboration across the reinsurance broker's international network to further develop a seamless ... Read the full article

Marsh appoints senior leaders for Property and FINPRO practices

4th September 2019

Global re/insurance brokerage Marsh has announced the appointments of Michael Rouse as head of US Property and Michelle Sartain as head of Financial and Professional Liability (FINPRO) for the US and Canada. Effective immediately, Rouse will now assume leadership of Marsh’s US Property Practice from Duncan Ellis, who has left the ... Read the full article

Dedicated reinsurance capital up 8% to $559bn in H1 2019: Willis Re

4th September 2019

Global reinsurance broker Willis Re, the reinsurance arm of brokerage Willis Towers Watson, has reported that total, dedicated reinsurance capital increased by 8% in the first-half of 2019 to $559 billion, compared with $518 billion at the end of 2018. According to the reinsurance broker's latest Reinsurance Market Report, the largest ... Read the full article

BGC Insurance adds JLT’s Bruce Fine to aviation re/insurance brokerage

3rd September 2019

BGC Insurance Group (BGCI), a division of broker and fintech firm BGC Partners, has announced the addition of Bruce Fine to its new global aviation and space re/insurance brokerage. Based in Atlanta and Chicago, Fine will serve as Managing Partner for US Aviation and Aerospace, as well as President of the ... Read the full article

Lloyd’s broker MNK Re launches Residual Value Insurance Centre of Excellence

2nd September 2019

Specialist Lloyd's of London brokerage, MNK Re Limited, has launched a new dedicated Residual Value Insurance (RVI) Centre of Excellence. MNK Re has a specialist focus on Financial Risks, Casualty, Terrorism, Cyber risks and Marine liabilities, with clients in more than 50 countries across the world. It's been announced that Robert Prince ... Read the full article

Gero Michel joins Aon’s Reinsurance Solutions unit to lead UK & EMEA Analytics

2nd September 2019

Gero Michel has joined Aon from Chaucer to lead the re/insurance broker's UK & EMEA Analytics for its Reinsurance Solutions division. In his new role he will report to Eric Paire, Head of Capital Advisory, International, Aon's Reinsurance Solutions business. He will be responsible for devising and driving analytics innovation and strategy ... Read the full article

Re/insurers’ silent cyber concerns ease in 2019, finds Wills Re survey

29th August 2019

The re/insurance sector is considerably less concerned about silent cyber exposures than it was in 2018, according to an annual global survey by Willis Re, the reinsurance division of broker Willis Towers Watson. Analysts believe that the fall in silent cyber claims expectations could stem from the absence of wide-scale cyber ... Read the full article

Cyber, IT security the “soft underbelly” of UK SMEs: Gallagher

29th August 2019

Analysis conducted by global insurance brokerage Gallagher has highlighted the vulnerability of Small and Medium Enterprises across the UK to what it describes as “crisis events”, a category that includes cyber-attacks, extortion, industrial espionage and terrorism. Gallagher says such events are costing UK SMEs billions of pounds a year and that ... Read the full article

Lockton appoints Teegarden as Senior VP, Client Exec

27th August 2019

Global re/insurance brokerage Lockton has announced the appointment of Andrew Teegarden as Senior Vice President, Client Executive. Teegarden brings over 16 years’ experience to the role and joins from Aon, where he served as a Senior Vice President responsible for risk management clients across multiple industries. Prior to Aon, he spent three ... Read the full article

CAC Specialty adds Colin Daly as EVP & Co-lead of Financial Lines

27th August 2019

CAC Specialty, a specialty insurance brokerage and investment banking platform recently established by Cobbs Allen, has appointed Colin Daly as Executive Vice President and Co-leader of the firm’s Financial Lines Practice (FLP). A founding member of JLT Specialty US, Daly was key in shaping its US business. He also formed and ... Read the full article

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