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JLT RE

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

U.S. hurricane tail risk potentially higher than averages suggest: JLT Re

3rd March 2017

JLT Re, the reinsurance arm of international brokerage JLT, has warned that future climate scenarios suggest that Northeast U.S. hurricane tail exposure is greater than historical averages claim. The warning comes from Josh Darr, Senior Vice President (SVP) & Lead Meteorologist of JLT Re North America, addressing an audience at a ... Read the full article

JLT announces executive changes, including appointment of Group COO

1st March 2017

Global insurance and reinsurance broker JLT Group announced a number of leadership changes across its business as part of its 2016 earnings release, including the appointment of a Group Chief Operating Officer (COO). Effective February 28th, 2017, Mike Methley has been named Group COO, leaving his role as Chief Executive Officer ... Read the full article

JLT Re grows ability to broker ILWs with expanded PCS relationship

27th February 2017

Reinsurance broker and advisory JLT Re has increased its ability to offer industry loss warranty (ILW) products to its clients, by expanding its relationship with PCS, a division of Verisk Analytics. The expanded relationship means that JLT Re, which is already one of the leading ILW brokers, now has the ability ... Read the full article

JLT Re expands Nordics team with two hires

24th February 2017

Reinsurance broker and advisor JLT Re is further expanding and developing its service offering to the Nordics region, adding two new hires to its broking and analytics capability. JLT Re recently added a new Head of its P&C reinsurance business for the Nordics last year, hiring Anna-Karin Toresson. These new hires ... Read the full article

JLT Re appoints Pang as Managing Director of JLT Re Philippines

30th January 2017

Global reinsurance broker JLT Re has announced the appointment of William Pang as a new Managing Director for JLT Re Philippines, subject to regulatory approval. Pang has been with JLT Re for five years, working out of Singapore to manage broking clients in Singapore, the Philippines and Vietnam. Pang had previously ... Read the full article

Reinsurance price declines moderated at 1/1, capacity levels static: JLT Re

24th January 2017

Reinsurance price declines continued to moderate at the key January 1st 2017 reinsurance renewals across the majority of business lines, but the supply/demand imbalance remains despite a slowdown in third-party capital inflow, says JLT Re. Reinsurance pricing remains at historically low levels in spite of a number of market drivers contributing to ... Read the full article

Upturn in reinsurance pricing unlikely: Morgan Stanley

13th January 2017

Equity analysts Morgan Stanley believe a meaningful upturn in reinsurance pricing is now remote with the market not likely to turn in the event of a large loss (~$50bn+). Morgan Stanley said a combination of reserve deterioration, large catastrophes, and unmodeled losses were needed for material changes to prices in the ... Read the full article

JLT Re targets Latin American growth with latest acquisition

3rd January 2017

JLT Re has acquired Risk and Re-Insurance Solutions Corp (RRiSC), a Florida-based reinsurance intermediary that specialises in casualty treaty business, in a deal that will enable JLT Re to expand into key Latin American markets. In addition to taking on RRiSC’s client base in Puerto Rico and the Caribbean, ... Read the full article

JLT adds new office in New York for Reinsurance, Specialty, Capital Markets

19th December 2016

Jardine Lloyd Thompson Group plc (JLT), a leading insurance, reinsurance and employee benefits advisor, brokerage and service provider, has announced a move to a new office space in New York for its specialty, reinsurance and insurance capital markets units. JLT will be moving over 100 employees from its JLT Specialty USA, ... Read the full article

JLT Re acquires StoneHill Reinsurance Partners, LLC

19th December 2016

Reinsurance brokerage JLT Re, a subsidiary of Jardine Lloyd Thompson Group (JLT), has announced the acquisition of StoneHill Reinsurance Partners, LLC (StoneHill), a reinsurance intermediary that specialises in Medical Professional Liability business. StoneHill was established in 2012 by Dan Koshiol as an independent casualty reinsurance brokerage, based in Minneapolis, Minnesota, with a ... Read the full article

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