Reinsurance News

Inver Re

An ongoing re-balancing discussion between hazard and exposure within reinsurance is needed: Inver Re

25th September 2023

Changes in exposure - the number of buildings and value of the buildings that are exposed to hurricane hazard - exacerbate the impact of climate change on hurricane losses by more than twice over, according to a recent Inver Re report. In its Unpicking North Atlantic Hurricane Risk report, Inver Re ... Read the full article

Inver Re launches global index practice after Johansmeyer appointment

19th September 2023

Inver Re, the reinsurance broking arm of the Ardonagh Group, has announced the launch of an integrated global index practice, to be led by Tom Johansmeyer. Johansmeyer's appointment as Inver Re’s Global Head of Index was announced earlier in the year. He joined the broker from Verisk, where he had ... Read the full article

Clients should be getting consistent weekly contact: Inver Re’s Jonathan Prinn

12th September 2023

At the RVS 2023 Monte Carlo event, Reinsurance News spoke with Jonathan Prinn, Chief Executive Officer (CEO), London, Inver Re, where he explained that he believes that the company's clients should get a 365 day service where they are "consistently having weekly contact." He said: "From the client feedback that I ... Read the full article

Capital still very guarded about entering property cat space: Inver Re’s Bonard

18th August 2023

Although small capital raises are happening in the reinsurance market, providers remain guarded about putting funds to work in the property catastrophe space, suggesting there’s more pain to come, according to Chris Bonard, CEO of Ardonagh’s Bermuda business operations including Inver Re. “The situation is getting worse, and could have a ... Read the full article

We’re pretty upbeat about the Bermuda market: Inver Re’s Chris Bonard

11th August 2023

Reinsurance broker Inver Re continues to grow its team in Bermuda, adding expertise in numerous areas as it looks to expand alongside its unwavering commitment to have best in class data and analytics, leading Chris Bonard, CEO of Bermuda, to be pretty bullish about life on the island. In May 2021, ... Read the full article

Inver Re forms Bermuda-based re/insurer & segregated accounts company

10th July 2023

Inver Re has announced the set up of a Bermuda-based Class 3 re/insurer and segregated accounts company, Inver Re (Bermuda) SAC Ltd. According to the firm, Inver Re (Bermuda) SAC Ltd. (Inver SAC) was registered in Bermuda by the regulator the Bermuda Monetary Authority (BMA) on May 24th 2023. Inver Re told ... Read the full article

Inver Re appoints Gareth Davies as Chairman of Parametrics

2nd May 2023

The Ardonagh Group's global reinsurance broking arm, Inver Re, has hired Gareth Davies from Price Forbes as Chairman of Parametrics, effective May 2023. Davies joins the reinsurance broker after more than three years with Price Forbes & Partners, where he most recently served as an Executive Director with a focus on ... Read the full article

Tom Johansmeyer leaves PCS to join reinsurance broker Inver Re as Global Head of Index

1st May 2023

The Head of Verisk's Property Claim Services (PCS) business, Tom Johansmeyer, is leaving the firm after 11 years and is set to join Inver Re, the reinsurance broking arm of the Ardonagh Group, as its new Global Head of Index products. Johansmeyer first joined Verisk in 2012 as Director of Marketing ... Read the full article

Inver Re appoints MS Amlin’s Alun Thomas as Global Head of Property Reinsurance

2nd March 2023

Ardonagh Group’s reinsurance broking arm, Inver Re, has appointed Alun Thomas in the new role of Global Head of Property Reinsurance, where he will report to Chris Bonard, CEO - Bermuda. In the role, Thomas will take on responsibility for developing a new property reinsurance proposition with a base in Bermuda. Thomas ... Read the full article

Ardonagh Specialty brings fac reinsurance capabilities to Inver Re

13th February 2023

Ardonagh Specialty has announced that it has brought facultative reinsurance capabilities together in Inver Re. The facultative team from Besso Re - which Ardonagh acquired in 2021 through its takeover of BGC’s insurance operations – will be led by Nikki Melbourne in the role of Head of Facultative, Inver Re. Melbourne ... Read the full article

Inver Re appoints Kurt Cripps as Global Head of Parametric

19th January 2023

Inver Re, The Ardonagh Group’s reinsurance broker, has announced the appointment of Kurt Cripps as Global Head of Parametric. In the newly created role, Cripps will be responsible for leading parametric solutions, building a dedicated global parametric team, and working across the broader $13 billion premium Ardonagh Group. Cripps is an alternative ... Read the full article

Inver Re names Chris Carney as Head of Commercial Operations

20th October 2022

Inver Re, The Ardonagh Group’s reinsurance broker, has announced the appointment of Chris Carney to the new role of Head of Commercial Operations. Carney holds over three decades of insurance experience, including time spent at Marsh UK as COO of the Markets Division, and at Willis UK as Executive Director of ... Read the full article

Inver Re hires former Enstar CFO Guy Bowker to lead Legacy Solutions proposition

14th September 2022

Inver Re, the reinsurance broking of The Ardonagh Group, has hired Guy Bowker, formerly of Enstar, to lead its entry into the legacy sector. Bowker has been appointed to launch the reinsurance broker's new Legacy Solutions proposition, which will support carriers looking to transfer books of liabilities to improve capital and ... Read the full article

Reinsurance market is at an interesting point: Inver Re’s Jonathan Prinn

12th September 2022

With the ongoing war in Ukraine and climate change set to add to inflationary pressure on the economy, at a time when some reinsurers are looking to diversify away from catastrophe business, it’s an interesting time for the marketplace, according to Jonathan Prinn, Chief Executive Officer (CEO), London, Inver Re. As ... Read the full article

Former Hiscox director Chris Sharpe joins Inver Re

19th November 2021

Inver Reinsurance Brokers Limited (Inver Re), The Ardonagh Group's recently launched reinsurance broker, has announced the appointment of Chris Sharpe as Strategy, Innovation and Business Development Director. Sharpe previously helped to set up Hiscox’s business in Bermuda, before going on to create Hiscox Re by bringing together the company’s reinsurance operations ... Read the full article