Reinsurance News


JLT Re hires Paul Esterbrook from Willis Re

4th September 2017

JLT Re has added Paul Esterbrook, who joins from a role as Executive Director for Non Marine Specialty with Willis Re to its London & International Markets (LIM) Division. Commenting on the appointment Bill Bennett, Head of Division, LIM, JLT Re, said; “We are delighted Paul is joining our growing team ... Read the full article

JLT & Munich Re partner to offer Philippines parametric storms cover

25th August 2017

JLT and Munich Re have announced a partnership to develop and offer an innovative parametric insurance cover, One Storm, for typhoon and tropical cyclone risk in the Philippines. The typhoon cover allows risk holders to outsource typhoon risks that had previously been uninsurable such as loss prevention costs, overtime costs, revenue losses, ... Read the full article

JLT Re hires Poome from Willis Re to be new Thailand MD

24th August 2017

Global reinsurance broker JLT Re has hired a new managing director for its Thailand operations from rival Willis Re, appointing Khun Parkpoome Nivatvongs (Poome) to the role. The hiring and appointment of Poome expands the JLT Re Asia Pacific management team. Poome will report to Kenny Moyes CEO of Asia, JLT ... Read the full article

JLT Re promotes Dranchak to Head of Strategic Advisory for the Americas

24th August 2017

Global reinsurance broker and advisory JLT Re has promoted Nick Dranchak to Head of Strategic Advisory for the Americas, a role that will seem him lead delivery of strategic advisory services across the U.S., Canada and throughout Central and South America. Dranchak joined JLT Re’s Strategic Advisory team in 2014 and ... Read the full article

JLT Re expands Bermuda team with Nicolas Bardon as Partner

18th August 2017

JLT Re has announced the expansion of its Bermuda reinsurance and retrocession broking team with the appointment of Nicolas Bardon to partner with effect immediately. The firm said the hire is a further step in its efforts to grow its international reach through Bermuda operations which have more than doubled in ... Read the full article

JLT Re hires Aon Benfield broker Jakob Hansen for Credit & Political Risk team

16th August 2017

JLT Re, the global provider of reinsurance broking and consultancy, is pleased to announce that Jakob Hansen will be joining JLT Re’s expanding Credit & Political Risk team, once he has completed his contractual obligations with his current employer. JLT Re has announced the addition of Jakob Hansen, joining from Aon ... Read the full article

JLT Re names Andrew Ferrier as Executive Vice President

14th August 2017

JLT Re has named ex-Aon Benfield reinsurance broker Andrew Ferrier as a new Executive Vice President to lead the MGA business throughout the Western region. Ferrier brings over 25 years industry experience to the role, joining from an 18 year tenor as Senior Broker at Aon Benfield in San Francisco. Ed Hochberg, ... Read the full article

JLT Re names Ben Gray as new London & International Cyber Treaty partner

31st July 2017

JLT Re has named Ben Gray as a new Partner in the firm's London and International Markets (LIM) team, where his main focus will be on Cyber Treaty reinsurance. Gray brings extensive experience in the Cyber Treaty reinsurance brokerage space, joining from a position as Cyber Treaty broker with Ed, prior ... Read the full article

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

Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.

  • Only email is mandatory, but the more you tell us about yourself the better we can serve you in future!
  • This field is for validation purposes and should be left unchanged.