Reinsurance News


SSL Endeavour names Mike Reynolds CEO, David Lawrence Deputy Chair

7th April 2020

SSL Endeavour, the specialist independent Lloyd’s broker and delegated authority expert, has named Mike Reynolds, previously Chief Executive Officer (CEO) of JLT Re, as Group CEO, subject to FCA approval. At the same time, current Group CEO of SSL Endeavour, David Lawrence, has been appointed Group Deputy Chairman. Both appointments are ... Read the full article

JLT Re’s David Flandro joins Hyperion X as Managing Director, Analytics

4th September 2019

Hyperion Insurance Group's data and technology division, Hyperion X, has announced the appointment of David Flandro as Managing Director, Analytics. He joins the firm from global reinsurance broker JLT Re, where he served as Global Head of Analytics and a member of the company's Executive Committee. In his new role, Flandro will ... Read the full article

JLT Re’s Pete Chandler joins BMS as President, US reinsurance

3rd May 2019

Specialist insurance and reinsurance broker BMS Group has announced the appointment of Pete Chandler from JLT Re as President of its US reinsurance operations, effective May 27th, 2019. In his new role, which subject to regulatory approval sees him join the BMS US Board, Chandler will report to Steve Korducki, US ... Read the full article

Guy Carpenter & JLT Re combo an opportunity to provide the best of service

2nd April 2019

The combination of Guy Carpenter (GC) and JLT Re provides the brokerage with an opportunity to offer the best of service to clients around the world, according to GC President and Chief Executive Officer (CEO), Peter Hearn and Ross Howard, Vice Chairman of GC. Marsh & McLennan Companies, Inc. (MMC) ... Read the full article

Further rate strengthening expected in U.S. commercial auto sector: JLT Re

5th February 2019

JLT Re (North America), a division of the reinsurance arm of global brokerage JLT Group, is anticipating further rate strengthening in the U.S. commercial auto sector in 2019 and through 2020. The broker recently published its Commercial Auto Market Briefing, a new report which analyses both accident frequency and severity, corrective ... Read the full article

JLT Re highlights soft market as capacity chasing persists

1st February 2019

Based on the 2018 Florida catastrophe renewal, firm order terms (FOT) rate-on-lines (ROL) trended towards the lower end of quotes as capacity chasing continued in the marketplace, according to reinsurance broker JLT Re. In its recently published study of property catastrophe reinsurance pricing - based on 2018 Florida cat renewal, JLT ... Read the full article

Market pressures to persist as lack of clarity around losses, price remains: JLT Re

24th January 2019

Global reinsurance broker JLT Re has said that a lack of clarity surrounding both pricing adequacy and loss development is likely to fuel pressure through 2019, against a backdrop of muted pricing actions following consecutive years of increased catastrophe losses for the industry. JLT Re, the reinsurance arm of global broker ... Read the full article

Guy Carpenter restructures to accommodate JLT Re teams

17th January 2019

Reinsurance broker Guy Carpenter has announced the establishment of a new Global Capital Solutions Group that will be led by the firm's Vice Chairman, David Priebe. At the same time, the firm has revealed a series of new appointments, all in relation to the acquisition of JLT Group by its ... Read the full article

Global, dedicated reinsurance capital hits $348bn in 2018: JLT Re

2nd January 2019

Estimated global, dedicated reinsurance capital increased by $2 billion in 2018 to $348 billion, driven by growth in the traditional arena as the volume of alternative reinsurance capital remained flat, according to reinsurance broker JLT Re. JLT Re, the reinsurance arm of global brokerage JLT Group, said recently that the Read the full article

JLT Re (North America), Pact Insurance announce insurtech partnership

17th December 2018

The North American arm of JLT Re has partnered with Pact Insurance, a personal auto Insurtech company, to create a digital insurance solution that covers established and emerging mobility risks. Ed Hochberg, Chief Executive Officer of JLT Re (North America) said the partnership is a testament to the unique and highly ... Read the full article

JLT Re Iberia launched after broker buys out Banca March partnership

13th November 2018

JLT Re, the reinsurance broking arm of JLT Group, has reinforced its connection with clients in the Latin America region with the launch of JLT Re Iberia through the acquisition of JLT March Re. Reinsurance broker JLT Re has further invested in its European platform with the launch of JLT Re ... Read the full article

Pace of China re/insurance market likely to accelerate, says JLT Re

25th October 2018

The recent regulatory changes in China all points to a highly dynamic environment not just within the country's boarders but also in Asia-Pacific and globally, according to JLT Re’s Asia Pacific Chief Executive Officer, Jeremy Fox. In a report examining some of the more impactful changes seen in China, JLT Re ... Read the full article

JLT FAC names Joe Ameruoso as Head of North America Construction Casualty

15th October 2018

JLT FAC, the facultative reinsurance division of broker JLT Re (North America) Inc., has announced the appointment of Joe Ameruoso as Head of North America Construction Casualty, Facultative. Ameruoso will be based in JLT FAC’s New York Office, and joins the company from Starr Indemnity & Liability Co in Primary Construction, ... Read the full article

Private sector vital to successful closing of Asia’s protection gap: Peak Re’s Kershaw

20th September 2018

As Asia’s increasing economic prosperity continues to drive its countries to further develop and expand infrastructure, reinsurers are faced with one of its most important and complex tasks of the 21st century: ensuring that these regions and its people are protected from the inevitable impact of future natural catastrophes. The Managing ... Read the full article

Marsh & Mclennan acquires JLT for $5.6 billion

18th September 2018

Major mergers & acquisitions news breaking this morning, as it has been announced that broking and advisory giant Marsh & McLennan Companies, Inc. (MMC) is to acquire Jardine Lloyd Thompson Group plc for $5.6 billion. The acquisition sees another of the mid-sized global insurance and reinsurance brokers going to a new ... Read the full article