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JLT Re and CXIS announce P&C policy growth programme partnership

9th November 2017

Reinsurance broker JLT Re and CXIS have announced a new partnership for the launch of CXIS's Property & Casualty Retention and Policy Growth Programme. CXIS Joseph Serrano said; "We're thrilled to partner with JLT Re in bringing the benefits of the CXIS Retention programme to their clients. "Beyond JLT Re's deep market ... Read the full article

Premature to forecast post-catastrophe rate rises: JLT

7th November 2017

Insurance and reinsurance broker JLT Group said this morning that it is "premature to draw conclusions" as to how much re/insurance rates may rise following the spate of recent catastrophe losses. The brokerage said that due to the timing of both insurance and reinsurance renewals, the impacts of catastrophes including hurricanes ... Read the full article

JLT formally joins London Market’s electronic placing platform

1st November 2017

Global insurance and reinsurance brokerage and advisory, JLT Group, has joined the London Market's electronic placing platform, Placing Platform Limited, (PPL). The broker was actively involved in the early developmental stages leading up to the launch of the platform in July 2016, and says it's "encouraged by the progress being made." Following the ... Read the full article

Recent events highlight expanding U.S. protection gap

27th October 2017

The impact of recent hurricanes in the third-quarter of 2017 on parts of the U.S. brings the country's protection gap into focus, with greater insurance penetration required for what's considered the most developed market in the world. Hurricanes Harvey and Irma brought intense and damaging levels of rainfall, flooding and surge ... Read the full article

Spike in insured losses will change market mindset: JLT Re

27th October 2017

JLT Re expects the recent spike in insured loss activity to change perceptions of risk and the overall mindset of the market as well as impact property catastrophe pricing. The broker said in its latest Viewpoint report the market will feel a considerable impact of the combined total losses for Harvey, ... Read the full article

Reinsurance demand to increase in 2018: JLT Re

25th October 2017

As P&C premiums ceded as a percentage of gross premiums written come off cyclical lows JLT Re predicts the industry will see reinsurance demand continue to increase into 2018. In its Viewpoint Winds of Change report, JLT Re noted that even before the series of heavy 2017 insured losses, the market ... Read the full article

P&C sector’s strong capitalisation means record loss year is manageable: JLT Re

24th October 2017

The reinsurance market's strong capital base heading into 2017 is sufficient to manage losses from what's expected to be the costliest catastrophe loss year on record for the P&C sector, according to reinsurance broker, JLT Re. For just the third time on record, global insured catastrophe losses in 2017 are expected ... 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

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

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

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

Carsten Thienel joins JLT Re’s Asia team from Ed

5th September 2017

JLT Re has named Carsten Thienel, who joins from a role with Ed as CEO of reinsurance for Asia Pacific, as its latest Asia Pacific team member, set to begin in the firm's Singapore office early 2018. Boasting a distinguished career of over 30 years in the industry, Thienel previously held ... Read the full article

JLT Re hires Paul Esterbrook from Willis Re

4th September 2017

JLT Re has added Paul Esterbrook, who joins from a role as Executive Director for Non Marine Specialty with Willis Re to its London & International Markets (LIM) Division. Commenting on the appointment Bill Bennett, Head of Division, LIM, JLT Re, said; “We are delighted Paul is joining our growing team ... Read the full article

JLT & Munich Re partner to offer Philippines parametric storms cover

25th August 2017

JLT and Munich Re have announced a partnership to develop and offer an innovative parametric insurance cover, One Storm, for typhoon and tropical cyclone risk in the Philippines. The typhoon cover allows risk holders to outsource typhoon risks that had previously been uninsurable such as loss prevention costs, overtime costs, revenue losses, ... Read the full article

JLT Re hires Poome from Willis Re to be new Thailand MD

24th August 2017

Global reinsurance broker JLT Re has hired a new managing director for its Thailand operations from rival Willis Re, appointing Khun Parkpoome Nivatvongs (Poome) to the role. The hiring and appointment of Poome expands the JLT Re Asia Pacific management team. Poome will report to Kenny Moyes CEO of Asia, JLT ... Read the full article

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