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JLT RE

JLT Re makes three new senior U.S appointments

4th April 2018

JLT Re (North America) Inc. has announced the appointments of George Daddario, Peter Chandler and Chip Ott to key executive positions within the company. Daddario, who joined JLT Re in 2014 in the acquisition of Towers Watson, has been appointed to the newly created role of Executive Chairman, and will be ... Read the full article

JLT Re names Vinod Krishnan as CEO, Asia Treaty

19th March 2018

Global reinsurance broking and consultancy provider JLT Re has announced the appointment of Vinod Krishnan as Chief Executive Officer (CEO), Asia Treaty. Krishnan, who is based in Singapore, will be responsible for developing JLT Re’s business in the region by building its treaty offering in the ASEAN nations and South Korea. He ... Read the full article

JLT Re North America appoints Ariel Hernandez to Senior Vice President

5th March 2018

JLT Re North America has appointed Ariel Hernandez as Senior Vice President, set to lead the analytics efforts for the Caribbean, Central America and broader Latin America Region as part of the Miami treaty team. Hernandez joins JLT Re from a treaty underwriter role with the Chaucer Syndicates of The Hanover ... Read the full article

JLT outlines strategic re-org and transformation plans

28th February 2018

Global insurance and reinsurance brokerage and advisory, Jardine Lloyd Thompson Group plc (JLT Group or JLT), has outlined a new divisional structure and plans for a transformation programme. This morning JLT announced revenues of £1.386 billion for the full-year 2017, up 10% on the prior year, and reported profit before ... Read the full article

Erica Davis joins JLT Re as Senior Vice President of U.S. Cyber & E&O unit

15th February 2018

Reinsurance broker JLT Re has named Erica Davis as Senior Vice President (SVP), set to lead the Cyber and E&O practice for JLT Re in North America. Davis joins JLT Re from Zurich, where she most recently acted as SVP and Head of Specialty E&O after serving in a number of ... Read the full article

JLT Re launches economic capital modelling solution ANSER

19th January 2018

Reinsurance broker JLT Re has launched its own economic capital modelling solution for clients, named ANSER, ANalytics Software for the Evaluation of Risk. ANSER has been developed with the help of Ultimate Risk Solutions (URS), a leading independent economic capital modelling (ECM) software developer and has been designed to provide a ... Read the full article

Jeremy Fox to join JLT Re from Aon Benfield as Asia-Pacific CEO

15th January 2018

JLT Re, the global reinsurance arm of re/insurance broker JLT Group, has announced that Jeremy Fox has been appointed Chief Executive Officer (CEO) of JLT Re's Asia-Pacific unit (APAC), and that he will also become a member of the Reinsurance Global Executive Committee. Most recently, Fox served as Chief Operating Officer ... Read the full article

Soft market prevails at 1/1 but uncertainty over final Q3 fallout remains: David Flandro

5th January 2018

Commenting on the January 1st renewals JLT Re's Global Head of Analytics, David Flandro, said the market continues to be driven by the supply of reinsurance capital with an abundance of both traditional and alternative capital rushing in to fill the massive Q3 insured losses, but uncertainty over the final ... Read the full article

Rate movements varied at 1/1 but retro and D&F saw highest increases: JLT Re

2nd January 2018

After years of falling rates, global property catastrophe reinsurance lines saw upwards pricing movements at the January 1st, 2018 renewals, although the level of rate increases varied significantly across regions, according to reinsurance broker JLT Re. After the huge level of global catastrophe losses in the third-quarter of 2017 reinsurers were ... Read the full article

JLT Re announces $14.5 mn private placement weather cat bond

22nd December 2017

JLT Re North America (NA) subsidiary, Jardine Lloyd Thompson Capital Markets (JLTCM), has announced another private placement catastrophe bond, Market 2017-2 (Weather), which closed at $14.50 million. The bond provides single year parametric-based collateralized retrocession coverage for warm-weather winters across Europe. Michael Popkin, Managing Director and Co-Head of Insurance-Linked Securities at JLTCM, ... Read the full article

JLT Re names Desmond Bohan as Senior Vice President

6th December 2017

JLT Re has appointed Desmond Bohan, who joins from Frates, to Senior Vice President (SVP) as the broker looks to expand its program business. Bohan will be responsible for the continued expansion and development of JLT Re’s Program practice in North America, as the reinsurer continues to build its specialized program group ... Read the full article

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

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