Reinsurance News

Lockton Re

Turnbull joins Lockton Re’s Accident, Health & Life team as Senior Reinsurance Actuary

7th October 2024

Lockton Re, the reinsurance arm of the independent insurance broker, has appointed Vince Turnbull as Senior Reinsurance Actuary for its Accident, Health & Life team, based in Philadelphia. Turnbull is a credentialed actuary as an FSA and MAAA, with a decade of actuarial experience in pricing and strategy having started his ... Read the full article

Debbie Goldstine joins Lockton Re as Chief Growth Officer, Global Partners

23rd September 2024

Lockton Re, the reinsurance arm of the independent insurance broker, has appointed Debbie Goldstine as Chief Growth Officer, Global Partners, based in Chicago, working with clients, markets and colleagues globally. Goldstine joins Lockton Re from Lockton, where she was Executive Vice President and US Practice Leader: Casualty, Technical Intelligence & Emerging ... Read the full article

Rachel Cohn to lead Lockton Re’s Intl. Casualty Fac unit

10th September 2024

Lockton Re, the reinsurance arm of the independent insurance broker, has appointed Rachel Cohn as a Senior Broker to lead its International Casualty Facultative Practice. The practice will be part of the company's existing International Property & Casualty division in London. Cohn has extensive expertise in the market having most recently served ... Read the full article

Multi-tool approach to enhance cyber risk assessment, says Lockton Re

9th September 2024

In its latest cyber report, reinsurance broker Lockton Re evaluates vulnerability scanning tools and highlights the need for multiple methods to assess and manage cyber risk amid growing digital complexity. As digital networks become more complex, companies face increasing exposure to cyber threats. By 2025, it’s expected that half of the ... Read the full article

Business infrastructure needs to be fortified to ensure the highest possible service levels: Lockton Re

9th September 2024

Reinsurance broker Lockton Re is planning to add between 80 to 90 new people to the company this year as part of its growing strategy as it focuses on growing the business’ infrastructure to deliver “the highest possible service levels.” “We continue to hire pretty dramatically. Although there has been a ... Read the full article

Kristopher Lynn joins Lockton Re as Senior Broker and Practice Leader for Agriculture

28th August 2024

Lockton Re, the reinsurance arm of the independent insurance broker, has appointed Kristopher Lynn as a Senior Broker and Practice Leader for Agriculture, based in the Bermuda office. Lynn has nearly two decades of industry experience, most recently serving at Terra Underwriting Management. His past roles include serving as the President ... Read the full article

Andrew Ferrier joins Lockton Re as Senior Broker

27th August 2024

Lockton Re, the reinsurance arm of the independent insurance broker, has appointed Andrew Ferrier as Senior Broker, commencing the build-out of its West Coast Property and Casualty business, based in San Francisco. Ferrier is an industry veteran with over 30 years of reinsurance broking experience, specializing in servicing MGA businesses, regional ... Read the full article

Ariel Re leverages Lockton Re’s SAGELink for enhanced placement efficiency

15th August 2024

Lockton Re, the reinsurance division of a privately-owned independent insurance broker, has announced a new partnership with global reinsurer Ariel Re. This collaboration will allow placements to be made through Lockton Re’s SAGELink, an API-driven electronic placement system. Claude Yoder, Global Head of Analytics at Lockton Re, commented: "Continuing our investment in ... Read the full article

Lockton Re hires Guy Carpenter’s Aldo Mendieta in Mexico City

9th July 2024

Lockton Re, the reinsurance arm of the independent insurance broker, has announced that Aldo Mendieta will be joining the firm next month in Mexico City as part of Lockton México Intermediario de Reaseguro, S.A. de C.V. Mendieta is joining the firm to serve as Treaty Country Head for Mexico, and Regional ... Read the full article

Lockton sees 15% rise in revenue as its reinsurance arm achieves impressive growth in FY24

25th June 2024

Lockton, Inc., the independent and privately held insurance brokerage, has reported global revenue of $3.55 billion for its fiscal year to April 30th, 2024, supported by solid growth at its reinsurance arm, Lockton Re. Overall, Lockton saw a 15% rise in global revenue from the $3.09 billion seen in the prior ... Read the full article

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