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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.

Marsh promotes Katherine Brennan to executive roles

28th September 2017

Marsh & McLennan Companies has appointed  Katherine Brennan to Deputy General Counsel, Corporate Secretary and Chief Compliance Officer, with effect from October 18. Brennan will report to Peter Beshar, Executive Vice President and General Counsel of Marsh & McLennan, and be based in the Company’s New York headquarters. Beshar said; “I am ... Read the full article

Guy Carpenter enhances capital & hours clause modelling with MetaRisk 10

26th September 2017

Guy Carpenter has advanced its capital modelling capabilities with the addition of an automation enhancing functionality - MetaRisk 10 - that supports firms in one of the most important capital management considerations, the Best Capital Adequacy Ratio (BCAR). The new addition to the firm's platform for building and updating models supports ... Read the full article

Steve Bale joins Aon’s Risk Settlement team from L&G

22nd September 2017

International insurance and reinsurance broker, Aon, has appointed Steve Bale from Legal & General (L&G) as a principal consultant in its Risk Settlement division. Bale has 19 years of experience in the life and pension sector, and was most recently a prudential risk actuary covering large UK and U.S. pension risk ... Read the full article

UIB appoints Keith Gribben to Financial Director

21st September 2017

Re/insurance broker United Insurance Brokers (UIB) has appointed Keith Gribben to Group Financial Director with immediate effect. In his new London-based role, Keith will work alongside Shaun Barrington, Chief Executive Officer, (CEO) United Insurance Brokers and Tony Dilley, CEO International at UIB International, reporting to Group Chairman Bassem Kabban. Bassem Kabban, said; “We ... Read the full article

JLT Re partners with kWh Analytics to deliver solar energy solution

20th September 2017

JLT Re, the reinsurance arm of global broker JLT, has entered into a new partnership with data repository and risk management provider for the solar industry, kWh Analytics. The new partnership is JLT Re's latest move in the the InsurTech space, and will see the development of a new risk transfer ... Read the full article

Willis Re in senior hires of Wafer & Livingston for North America

20th September 2017

Global reinsurance broker Willis Re has made two senior hires in its North America unit, with the appointment of Tom Wafer as Chairman, Willis Re, North America, and Jeffrey Livingston as Vice-Chair. Tom Wafer joins Willis Re from hedge fund strategy reinsurer Third Point Re (USA) Ltd., where he held the ... Read the full article

Ed names Minesh Jani named CEO of MENA & India

19th September 2017

Global reinsurance brokerage, Ed, has named Minesh Jani as its new Chief Executive Officer (CEO) of MENA, India and Indian sub-continent. He joins the broker from Aashvaasanam Analytics Limited in Mumbai, a company which he founded in order to support the development of a global reinsurance operation. Before founding Aashvaasanam Analytics, Jani ... Read the full article

Willis appoints Martin Hiller to Head of International Construction

18th September 2017

Willis Towers Watson has named Martin Hiller, who joins from JLT, as Head of International Construction of its Corporate Risk and Broking unit. Hiller will lead client management, technical, placement and risk management specialists to support Willis Towers Watson construction clients in risk mitigation, reporting to Alex Clayton, CEO of Construction. Alastair Swift, ... Read the full article

Lack of capacity and demand hindering terror market expansion: GC

15th September 2017

The changing terror risk landscape, underlined by an increased focus on "mass casualty and fear-inducing" events, suggests a need for greater capacity and a different approach to the peril, according to Guy Carpenter Managing Director, Charles Gibbs, and Vice President, Jamie Russell. "There has been a major shift in the focus ... Read the full article

The stars are “aligned” for private capital to enter Florida: JLT Re’s Flandro

15th September 2017

At the 2017 reinsurance conference Monte-Carlo press briefing, JLT Re's David Flandro highlighted potential opportunities for greater levels of private capital to enter the Florida market, in light of hurricane Irma. David Flandro, Global Head of Analytics at JLT Re, speaking at the reinsurance broker's press briefing, said; "The thing to ... Read the full article

Efficiently marrying capital to the customer is an intermediary model: Steve Hearn, Ed.

14th September 2017

Steve Hearn, the Group Chief Executive Officer (CEO) of reinsurance broker Ed., in an interview with Reinsurance News, recently discussed the role and relevance of the broker in a rapidly changing risk transfer industry. Speaking to Reinsurance News at the annual meeting of the reinsurance industry in Monte-Carlo, Hearn underlined disruption ... Read the full article

JLT Re announces new Partner within its Paris office

13th September 2017

Global reinsurance broker JLT Re has announced the appointment of Thierry Cuisenier as a Partner within its Paris office, effective 18th September, 2017. Cuisenier has held numerous senior positions at a number of major reinsurance companies, and brings more than 25 years of industry experience to JLT Re, the reinsurance arm ... Read the full article

Market conditions suggest increased flow of legacy run-off transactions: GC

13th September 2017

In light of intense competition in the marketplace and the continued influx of capital, the number of transactions in the run-off market will continue to expand, according to Guy Carpenter's (GC) Head of M&A Advisory, Andrew Beecroft. Increasingly active capital management combined with challenging markets across the risk transfer industry is ... Read the full article

Stephen Balderston to leave Guy Carpenter for JLT Re

11th September 2017

Global reinsurance broker, JLT Re, has announced the appointment of Stephen Balderston from Guy Carpenter to its Credit & Political Risk team, as a Partner. Balderston spent eight years with broker Guy Carpenter, where he was Senior Vice President in Credit, Bond & Political Risk Treaty Reinsurance. He is expected to ... Read the full article

Ben Northridge to join Capsicum DA as a Director from Willis Re

8th September 2017

Specialist binding authority broker, Capsicum Delegated Authority (Capsicum DA), has announced the hiring of Ben Northridge from Willis Re as a Director, based in the firm's London office. In his new role, Northridge will focus on the development of the company's Accident & Health product distribution, as well as some other ... Read the full article

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