Reinsurance News

Lockton Re

Lockton Re Intl. adds industry veteran Rob Littlemore to board

13th June 2024

Lockton Re has announced that it has added former AXA XL executive Rob Littlemore to the board of Lockton Re International LLP as an Independent Non-Executive Director. The appointment is effective September 1, 2024, and is subject to FCA approval. An experienced veteran across the sector, Littlemore brings over three decades of ... Read the full article

Industry veteran Andy Wakefield to join Lockton Re’s Marine & Energy division

12th June 2024

Lockton Re, the reinsurance arm of independent insurance broker, Lockton, has announced that Andy Wakefield will be joining the company as a Senior Broker within its Marine & Energy division later this year. In the role, he will be based in London. Overall, Wakefield has 34 years of expertise from being a ... Read the full article

Lockton Re appoints James Mackay as Head of Lloyd’s Capital

7th June 2024

Lockton Re, the reinsurance arm of independent insurance broker, Lockton, has appointed James Mackay in a new role as the Head of Lloyd’s Capital, based in London. Robert Bisset, Chairman of Global Retrocession & Property Specialty, Bermuda, and Market Capital, commented, "James is an excellent hire for Lockton Re and adds ... Read the full article

Lockton Re names Peter Robinson as Senior Broker, Accident, Health, and Life team

15th May 2024

Lockton Re, the reinsurance arm of the global insurance brokerage, has named Peter Robinson as a Senior Broker on its Accident, Health, and Life team, based in San Francisco and reporting to Rob Kreager, Segment Leader. Robinson is an industry veteran with over 35 years of specialized Accident, Health, and Life ... Read the full article

Major cyber catastrophe loss could accelerate market development: Lockton Re

24th April 2024

Lockton Re, the global reinsurance arm of the privately held independent insurance broker, has highlighted how a large cyber catastrophe event could have its benefits by pushing the market to work collaboratively and drive innovation and product development. In a new analysis, "A Kaleidoscope of Possibilities: Preparing for Ivan Wiper," the ... Read the full article

Lockton Re Capital Markets hires Brendan Roche as Head of Distribution

15th March 2024

Lockton Re Capital Markets (LRCM) has appointed Brendan Roche as Head of Distribution, where he will be based in Europe. Roche holds over 25 years of experience in the industry, having previously served as SVP at GC Securities, and an almost 14-year tenure at Marsh, chiefly as Global Leader of ILS ... Read the full article

Lockton Re appoints Brian Lewis to lead Cyber Practice in North America

5th March 2024

Lockton Re, the reinsurance arm of the privately held independent insurance broker, has appointed Brian Lewis as Senior Broker leading the Cyber Practice for North America, based in the firm's New York office. Lewis has deep expertise in cyber and has over two decades of insurance broking and underwriting experience. Most ... Read the full article

Lockton Re bolsters cyber team with two new appointments

10th January 2024

Lockton Re, the reinsurance business of independent insurance broker, Lockton, has announced that Jacqueline Yeo has joined the firm as Cyber Analytics Lead, while Annie Terry has joined as a Broker, dedicated to Cyber risk. Yeo holds two and a half decades of experience in the London market and has been ... Read the full article

Florida building codes reducing hurricane loss potential: Lockton Re

14th December 2023

A new report from reinsurance broker Lockton Re has highlighted how building codes in Florida are seen as a significant factor in reducing the potential insurance industry loss from hurricanes. Improvements in recent years have seen modelled loss estimates drop, the broker said. A new report recently released from the company showcases ... Read the full article

Lockton Re analytics platform receives US Patent

7th November 2023

Lockton Re, the reinsurance arm of the independent insurance broker, has announced that its analytics platform, SAGE, has been awarded a US Patent. This patent is for systems and methods for custom and real-time visualization, comparison, and analysis of insurance and reinsurance structures. Claude Yoder, Global Head of Analytics, Lockton Re, commented: ... Read the full article

Lockton Re appoints Mark Wilkinson as International Head of Analytics

26th October 2023

Lockton’s reinsurance business, Lockton Re, has appointed Mark Wilkinson as the International Head of Analytics, based in London. Wilkinson has over 25 years of insurance and reinsurance expertise. He most recently served as the Head of UK Actuarial at re/insurance broker Aon. Prior to that, Wilkinson was Head of Actuarial at Aon Global ... Read the full article

Lockton Re signs agreement with Supercede to refine its reinsurance data

17th October 2023

Global reinsurance broker Lockton Re has signed a long-term agreement with Supercede to refine its reinsurance data. Lockton Re said it has now become the first major reinsurance broker to adopt wholesale usage of Supercede's treaty data preparation platform, having seen an increase in adoption among their mutual clients. The firm added, ... Read the full article

Lockton Re launches global mortgage and structured credit segment

13th September 2023

Global reinsurance broker Lockton Re has announced the launch of its Global Mortgage and Structured Credit segment, which will be co-led by Sean Hannah and Joe Koebele. Nick Durant, CEO, North America, Lockton Re, commented on the new segment, “We are excited to introduce our Mortgage and Credit offering to the ... Read the full article

Separating first party cyber reinsurance can increase participation, says Lockton Re

11th September 2023

Global reinsurance broker Lockton Re has released a new report which discusses the benefits of breaking the cyber peril into requisite parts, an approach the broker says can potentially improve the access to capital and expertise. Titled 'The All Risk Cyber (ARC) Challenge: An Assessment to Simplify Cyber Reinsurance,' Lockton Re's ... Read the full article

Lockton Re hires Sarah Willmont as a Senior Broker

10th September 2023

Reinsurance broker Lockton Re has hired Sarah Willmont as a Senior Broker, working within the firm's Retrocession and Property Specialty unit as well as supporting the London Market and Global production activity. Willmont will be based in London and joins the broker in October 2023. She brings more than two decades of ... Read the full article