Reinsurance News
Lockton Re
Lockton Re expands partnership with CyberCube
1st August 2023
Innovative cyber risk analytics leader CyberCube has deepened its collaboration with Lockton Re, the reinsurance arm of the world's largest privately held independent insurance broker. Lockton Re's decision to license CyberCube's cutting-edge Industry Exposure Databases signifies a pivotal step in bolstering their cyber risk modeling and analytics solutions. CyberCube's Industry Exposure Databases ... Read the full article
Climate change makes it challenging to predict storm dynamics: Lockton Re
21st July 2023
Underlying climate related changes are making it challenging to predict storm dynamics; as some of those changes are becoming more evident, the likelihood of loss causing storms has also increased, according to new research by Lockton Re. Lockton's reinsurance business has recently launched a new research series focused on the hurricane ... Read the full article
Lockton Re sees double-digit organic growth in FY23
29th June 2023
Lockton's reinsurance business, Lockton Re, has seen a double-digit organic growth, contributing to the growth in global revenue to $3.1 billion for FY23. The independent insurance broker has reported revenue growth of 17% on a constant currency basis, with reported organic revenue growth at 16% for its fiscal year ending April ... Read the full article
Lockton Re appoints Chris Parish as Market Innovation Leader
26th June 2023
Lockton Re, the reinsurance division of insurance broker Lockton, has appointed Chris Parish as Market Innovation Leader, where he will be based in the company's London office. In the role, Parish will work with a variety of colleagues across the globe. He will report to Claude Yoder, Global Head of Analytics ... Read the full article
Lockton Re hires Cunningham from Liberty to lead NA Property Fac
5th June 2023
Lockton Re, the reinsurance business of the world’s largest privately held independent insurance broker, has announced the appointment of Gregg Cunningham as a Senior Broker and its new North American Property Facultative Leader. Cunningham will be based in New York and will be reporting to Rob McNamara, Senior Broker and North ... Read the full article
Guy Carpenter’s Jaimie Hunter joins Lockton Re as Senior Broker in new Stamford location
2nd May 2023
Lockton Re, the reinsurance division of insurance broker Lockton has appointed Jaimie Hunter as a Senior Broker, where she will be based in the company's new Stamford, Connecticut location. In this new role, Hunter will support client development, with a particular focus across Lockton Re’s Casualty business in North America on ... Read the full article
Now is the time for cyber ILS: Lockton Re
21st February 2023
In a joint report with CyberCube and Envelop Risk, Lockton Re has highlighted how Insurance-Linked Securities (ILS) can support additional re/insurance capacity for cyber risk, and why it now has the momentum to succeed. Lockton Re's report, 'Unlocking Potential', notes that there have been discussions for many years on the potential ... Read the full article
Matthew Silley joins Lockton Re’s growing cyber practice
3rd February 2023
Global insurance broker Lockton’s dedicated reinsurance division, Lockton Re, has appointed Matthew Silley as a broker in the Cyber Practice of the firms Specialty division. Silley joins Lockton Re from Axis Capital, where he most recently held the role of Cyber Portfolio Management Leader. Overall, he brings over 10 years of industry ... Read the full article
Lockton Re hires Ben Ryan to new London role
10th November 2022
Lockton Re has hired Ben Ryan as a senior broker within its non-marine retrocession and property specialty team in London. The firm said in a statement that Ryan began his career as part of the graduate programme at Aon’s reinsurance solutions. He then joined the non-marine retrocession team in 2015 and ... Read the full article
Lockton Re appoints Oliver Brew as Cyber Practice Leader, London
18th October 2022
Global insurance broker Lockton’s dedicated reinsurance division, Lockton Re, has appointed Oliver Brew in a new role as Cyber Practice Leader in London. Brew brings more than 20 years of industry experience towards the role. He joins from CyberCube where he most recently served as Head of Client Success as part ... Read the full article
Reinsurance broker count at a “high watermark”: Lockton Re’s Gardner
13th September 2022
Leaders at Lockton's dedicated reinsurance division, Lockton Re, have said that they expect to see the reinsurance broker market thin out over the next couple of years, as some players fail to remain competitive. Speaking during a roundtable discussion at the 2022 RVS event in Monte Carlo this week, Lockton Re ... Read the full article
Lockton Re launches dedicated Capital Markets unit led by Breslin
11th September 2022
Lockton Re, the global reinsurance broking arm of the independent intermediary company, has this morning announced the launch of Lockton Re Capital Markets (LRCM), a dedicated specialist arm for capital markets and ILS activities. Zachary Breslin will lead the new LRCM unit at the firm, having joined the company from ... Read the full article
Lockton Re SAGE 2.0 launches with new analytics features
7th September 2022
Global insurance broker Lockton's dedicated reinsurance division, Lockton Re, has launched Lockton Re SAGE 2.0, its next level of analytics features and tools as part of Lockton Re’s proprietary software platform, the company highlighted. Lockton Re SAGE was designed to better help insurers understand risk impacts with a detailed and transparent ... Read the full article
Lockton Re names Kathy McCann as Senior Broker
23rd June 2022
Global insurance broker Lockton's dedicated reinsurance division, Lockton Re, has announced that Kathy McCann has joined the company as a Senior Broker. Within this role, she will support client development, and have a focus particularly on property business across various segments including Retrocession. McCann joins from Guy Carpenter where she most recently ... Read the full article
Lockton Re appoints Leader of Capital Markets
31st May 2022
Global insurance broker Lockton's dedicated reinsurance division, Lockton Re, has announced that Zach Breslin has joined the company as the Leader of Lockton Re Capital Markets. Within this role he will support the build out of the practice working closely with Robert Bisset - Chairman Global Retrocession & Property Specialty, Bermuda ... Read the full article
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