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Reinsurance News


David Edwards to join JLT Re’s credit & political risk team

3rd July 2017

Reinsurance broker and consultancy JLT Re has announced David Edwards will be joining JLT Re's Credit & Political Risk team from Guy Carpenter where he acted most recently as Managing Director of Credit, Bond and Political Risk. Commenting on the appointment Nick Jay, Divisional Head, Marine, Energy & Political Risk, JLT Re ... Read the full article

JLT Re makes Deanna Williams new Bermuda business Partner

22nd June 2017

JLT Re has announced the hiring and appointment of Deanna Williams to Partner of the firms' Bermuda-based reinsurance brokerage business. She will be reporting to Charles Withers-Clarke, Partner of JLT Re in Bermuda. Withers-Clarke welcomed Williams to her new role; “I have worked with Deanna for many years and know her can do ... Read the full article

John Paulsen to join JLT Re (North America) from Guy Carpenter

13th June 2017

International reinsurance brokerage JLT Re subsidiary, JLT Re (North America) Inc., has announced the appointment of John Paulsen from Guy Carpenter, as Senior Vice President (SVP) based in Chicago, Illinois. In his new role Paulsen will have a focus on the ongoing expansion and development of the firm's regional and national ... Read the full article

Indonesia’s exposure growth outpacing re/insurance growth: JLT Re

13th June 2017

Insurance and reinsurance premium volumes continue to increase in Indonesia but at a slower rate than total exposure growth, which, combined with regulatory changes in the region and other determining factors suggests domestic re/insurers' exposures are on the rise, says JLT Re. The overall growth of the Indonesian economy has resulted ... Read the full article

No sign pricing will bounce back quickly as reinsurance market nears bottom: Deutsche Bank

9th June 2017

The January 1st, 2018 renewal season could see pricing in the reinsurance market finally reach the elusive and much discussed bottom of the cycle, with the question then turning to how long the trough will be, suggests analysts at Deutsche Bank. Deutsche Bank has completed its seventh Global Financial Services Conference in ... Read the full article

JLT Re hires Tony Manzitto to expand U.S. Structured Products team

5th June 2017

Insurance and reinsurance broker JLT Re (North America) Inc. has further bolstered its Structured Products team with the addition of Tony Manzitto as Executive Vice President in Los Angeles, California. Manzitto is expected to join the reinsurance broker during June, 2017, and the new role will see him focus on the development ... Read the full article

Reinsurance rate declines accelerated at June renewal: JLT Re

2nd June 2017

The pace of decline across pricing and rate in the reinsurance market accelerated at the June 1st 2017 renewal, according to broker JLT Re, with rates down as much as 10% in places, and averaging a 5% decline. It's not the news reinsurers were looking for, but the excess levels of ... Read the full article

JLT Re adds Sammur from Gen Re to North America team

31st May 2017

Reinsurance broker JLT Re has appointed Tony Sammur as Executive Vice President in Stamford, Connecticut, hiring him from reinsurer Gen Re. Sammur will tasked with helping to continue the expansion and development of JLT Re’s Regional team, led by John DeMartini, Executive Vice President, JLT Re (North America) Inc. “We are pleased ... Read the full article

JLT Re hires Messenger as EVP in North America team

18th May 2017

JLT Re (North America) Inc., part of the reinsurance broking arm of JLT Group, has announced the hire of Greg Messenger as Executive Vice President in Chicago, Illinois. Messenger was most recently with Guy Carpenter, before which he worked at Aon Benfield and has over 35 years of industry experience, having ... Read the full article

JLT Re bolsters aviation team with two new hires

10th May 2017

JLT Re, the reinsurance arm of international insurance and reinsurance brokerage JLT Group, has added Graham Barden and Jon Warner as Partners within its aviation team, based in the firm's London office. Barden brings more than 40 years of aviation market experience to the role and has worked in both insurance ... Read the full article

Cyber risk as a standalone market will increase re/insurance industry resilience: JLT

24th April 2017

Cyber risk insurance and reinsurance continues to develop in what's now a crucial time for the marketplace and buyers of cyber protection. And while there's ample available, and essential reinsurance capacity to address and support the issue, JLT Re believes considering cyber as a standalone line of business could create a ... Read the full article

JLT Speciality appoints Gavin Shiels to Senior Vice President

7th April 2017

Jardine Lloyd Thompson Group’s U.S. subsidiary, JLT Specialty, has announced the appointment of Gavin Shiels to Senior Vice President. Shiels most recently served as Senior Vice President for Aon, where his primary responsibilities included managing consulting and brokerage services in Real Estate, Technology, Financial Institution, and Food & Beverage industries segments. He ... Read the full article

JLT Re adds new partners to facultative arm

30th March 2017

Reinsurance brokerage JLT Re has added two new appointments of partners within its JLT Fac unit that focuses on property, construction and casualty facultative reinsurance. Mark Leonard has joined JLT Fac from Guy Carpenter and takes on a role as a Partner and a senior Construction producer within the division. Leonard has ... Read the full article

JLT Re brings Essent Re and U.S. reinsurer together in mortgage risk sharing deal

22nd March 2017

JLT Re Global Mortgage Solutions, a division of JLT Re, has announced the successful negotiation of a public-private partnership advisory risk sharing transaction which will see the reinsurer deliver Government Sponsored Enterprise (GSE) risk expertise to a U.S. reinsurer working together with Essent Reinsurance. The reinsurer said the GSE’s mandate to reduce ... Read the full article

JLT Re partners with KatRisk for flood risk modeling

20th March 2017

Reinsurance brokerage and advisory JLT Re has partnered with KatRisk, a specialist flood risk modeller, to help it bring enhanced flood risk modeling capabilities to its client base. KatRisk is a specialist in the flood risk model space, with tools offering flood inundation maps at multiple return periods as well as ... Read the full article

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