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JLT Re appoints Henry Sanderson to London Global Markets division

9th September 2018

JLT Re, the reinsurance broking arm of global brokerage JLT Group, has announced that Henry Sanderson is to join the London Global Markets division this week. He will be focusing on Digital Risks & Innovation - Cyber and related products. “With our recent hiring of Erica Davis in New York and ... Read the full article

JLT Re hires Michel Fontaine from Guy Carpenter

7th September 2018

JLT Re, the reinsurance broking arm of global brokerage JLT Group, has hired Michel Fontaine, former Senior Reinsurance Broker at Guy Carpenter, as a Partner in its Paris Office. Fontaine has nearly 20 years of re/insurance market experience, having also previously held a number of senior positions Swiss Re, and started ... Read the full article

JLT Re hires Aon’s Vijay Mavani as Partner for Capital Solutions

6th September 2018

Reinsurance broker JLT Re has announced that Aon Benfield’s Vijay Mavani will be joining the firm as a Partner for its European and Global Capital Solutions business, starting in early 2019. Mavani has spent the previous 17 years at Aon Benfield, where he most recently served as Corporate Solutions Director. He ... Read the full article

JLT Re appoints Jamie Pocock to lead Cyber Analytics team

4th September 2018

JLT Re, the reinsurance broking arm of global brokerage JLT Group, has promoted Jamie Pocock to Head of Cyber Analytics. Pocock joined the firm in 2010 and has spent the past four years working within JLT Re’s Analytics Actuarial team. “In his new role, Jamie will oversee our various cyber analytical efforts ... Read the full article

JLT Re warns of inflection point as re/insurers accelerate reserve releases

3rd September 2018

JLT Re, the reinsurance broking arm of global brokerage JLT Group, has described the recent reserving practices of some insurers and reinsurers as somewhat aggressive, noting that some companies are accelerating their releases in certain business lines. While much of the marketplace focuses on the property catastrophe losses of 2017 as ... Read the full article

“Conditions are right” to buy more catastrophe reinsurance: JLT Re’s Ed Hochberg

31st August 2018

Ed Hochberg, Chief Executive Officer (CEO) of JLT Re in North America, has suggested that primary insurers are increasingly understanding the value of reinsurance following 2017’s catastrophe losses, and claimed that the “conditions are right” for them to buy more cover. “It’s clear that primary insurers increasingly recognise the valuable role ... Read the full article

MacColl joins JLT Re from Guy Carpenter as Head of Credit and Surety, NA

16th July 2018

JLT Re (North America), a subsidiary of the global provider of reinsurance broking and consultancy, has appointed Scott MacColl as Head of Credit and Surety for North America. In addition to his role in North America, MacColl is expected to work closely with global teams to help build out the Credit ... Read the full article

Cat models do not account for complex hurricane risks: JLT Re

12th July 2018

Whilst catastrophe models have historically proved accurate for conventional hurricane risks, they have not adequately accounted for events where losses extend beyond wind into areas that are not modelled or well understood, according to a new report by reinsurance broker JLT Re. The report, which examined the precision of modelled market ... Read the full article

JLT Re partners with CyberCube

11th July 2018

Reinsurance broker JLT Re has partnered with cyber risk analytics firm CyberCube in a move it says will “provide new and unique insights to help clients face the challenges of cyber risk.” The combination of JLT Re’s existing cyber and enterprise modelling tools with CyberCube is expected to enhance the reinsurance broker's offerings ... Read the full article

JLT Capital Markets completes placement of $45mn Oak Leaf Re cat bond

28th June 2018

Jardine Lloyd Thompson Capital Markets (JLTCM), an affiliate of reinsurance brokerage firm JLT Re (North America), has completed another private placement catastrophe bond, Oak Leaf Re 2018-1, which closed at $45.26 million. Oak Leaf Re 2018-1, which was sponsored by Southern Oak Insurance Company, is an Ultimate Net Loss (UNL) indemnity-based ... Read the full article

JLT FAC bolsters global team with two new Senior Executives

26th June 2018

JLT FAC, JLT Re’s facultative reinsurance arm, has announced the appointment of Nikki Melbourne and Joe Vitale as Senior Executives to its London and U.S. teams respectively. Melbourne joins the firm as Partner. She most recently served as Senior Underwriter at RSA and had previously worked as an underwriter at Allianz ... Read the full article

JLT Re North America appoints Todd Burgener as Executive VP

14th June 2018

Reinsurance broker JLT Re has announced the appointment of Todd Burgener as Executive Vice President (VP) for its North American operations. Based out of the company’s Chicago offices, Burgener will be working with healthcare captive clients and prospects to develop tailored risk transfer solutions. Burgener joins from Northwestern Memorial HealthCare where he ... Read the full article

Dedicated reinsurance capital to reach new heights in 2018: JLT Re

5th June 2018

Despite the impacts of 2017's catastrophe events, global, dedicated reinsurance capital is expected to reach a new high by the end of the first-half of this year, as both traditional and alternative capacity providers continue to drive a supply / demand imbalance, reports JLT Re. JLT Re, the reinsurance arm of ... Read the full article

Negligible rate increases at June 1st, Florida RoL Index up just 1.2%: JLT Re

1st June 2018

Reinsurance broker JLT Re has said that rate increases achieved at the key June 1st 2018 reinsurance renewals were negligible, as the firms Risk-Adjusted Florida Property-Catastrophe Rate-on-Line (ROL) Index rose by only 1.2%. JLT Re's research found that only low single-digit reinsurance rate increases were seen at the June 1st 2018 ... Read the full article

Cyber insurance must tackle ‘hidden costs’ of franchise value impact: JLT Re

1st June 2018

JLT Re has reported that cyber re/insurance must be expanded to better account for the ‘hidden costs’ of franchise value impact following a cyber breach, which often outstrip the reported losses of affected organisations by mid to high single-digit multiples. Many re/insurers already offer cyber liability policies that account for reputational ... Read the full article

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