Reinsurance News
MNK Re
MNK Re targets SMEs in Latin America with new energy reinsurance facility
13th February 2025
MNK Re, an independent reinsurance broker of specialist risks into Lloyd’s, has launched its new energy facility, designed to provide reinsurance solutions specifically to meet the demands of small to medium-sized businesses (SMEs) across Latin America. This new facility will offer capacity of up to $50 million per declaration, which will ... Read the full article
MNK Group establishes Labuan-based reinsurance entity Pt Mekong Re
7th October 2024
MNK Group has established Pt Mekong Re, a Labuan-domiciled reinsurance entity, aimed at providing additional capacity for specialty lines of business and hard-to-place risks. Through the group, Pt Mekong Re has access to Lloyd’s of London and aims to offer flexible reinsurance solutions across the Asia Pacific, as well as South ... Read the full article
MNK Re appoints Mark Ritson as Director of Energy
4th September 2024
MNK Re, an independent broker of specialist risks into Lloyd’s, has announced the appointment of Mark Ritson as Director of Energy. In this role, Ritson will focus on expanding MNK Re’s energy portfolio, leading efforts to develop and secure more business for the firm’s energy team. Manoj Kumar, CEO of MNK Group, ... Read the full article
MNK Re hires Ashby as Exec MD & Global Chief Commercial Officer
31st July 2024
MNK Re, an independent broker of specialist risks into Lloyd’s, has hired industry veteran Simon Ashby as Executive Managing Director and Global Chief Commercial Officer. In the role, Ashby is expected to hold responsibility for driving a number of different projects and revenue growth initiatives for the broker, as MNK Re ... Read the full article
MNK Re appoints Giles Ham as Associate Director, Surety
2nd May 2024
MNK Re, an independent broker of specialist risks into Lloyd’s, has appointed Giles Ham as Associate Director, Surety. The appointment will allow MNK Re to expand its international presence in the sector, facilitating coverage for difficult and hard-to-place risks worldwide. The broker stated as a well-known practitioner in the international market, having ... Read the full article
Agnieszka Zolędziowska named CEO of MNK Re new Polish office
8th February 2023
MNK Re Group, an independent broker of worldwide specialist risks into Lloyd’s, has launched MNK Re Poland to offer its clients in the country a gateway to international capacity and specialised premium covers. The new branch, headed by Agnieszka Zolędziowska, will focus on ensuring difficult risks in a variety of areas ... Read the full article
MNK Re appoints Steven Oluoch to head up Kenya offering
23rd June 2022
MNK Re Limited, an independent broker of worldwide specialist risks into Lloyd’s, has appointed Steven Oluoch as Chief Executive of its new Kenya and East Africa office. Oluoch has over 30 years of experience in the Kenyan and COMESA markets, having most recently worked as Chief Executive for a prominent East ... Read the full article
MNK Re Group names Vanida Pillay as Chief Executive, SA
12th April 2022
MNK Re Group has appointed Vanida Pillay as the new Chief Executive of its South Africa branch, where she brings over 30 years of experience, including claims, marketing, and also extensive underwriting expertise. Pillay will lead MNK Re’s South Africa branch, bringing with her a deep understanding of the African market ... Read the full article
Blink Parametric partners with MNK Re
22nd March 2022
Blink Parametric, a CPP Group Insurtech has partnered with MNK Re, a specialist Lloyd's of London insurance and reinsurance broker, which will see the early rollout of Blink’s flagship parametric flight disruption solution. The solution will provide further pipeline parametric insurance opportunities for its diverse weather, climate, energy and bancassurance offerings ... Read the full article
MNK Re hires Kruger to drive Africa business development
6th December 2021
MNK Re Limited, an independent broker of worldwide specialist risks into Lloyd’s, has announced the appointment of Lesley Kruger as its new Director of Business Development. Kruger brings to MNK Re 26 years’ experience within African markets, having recently been Chief Operating Officer of a South African-based risk management company. She will ... Read the full article
MNK Re announces new UK wholesale, retail business
10th November 2021
MNK Re, a broker of specialist risks into Lloyd’s, has announced the launch of a new business focused on UK wholesale and retail. MNK Re UK Specialty will initially focus on developing wholesale and high net worth lines. Grahame Lamb, Richard Daws and Jonathan Britton are set to lead the new operation; ... Read the full article
MNK Re adds Philippe Bara to Associate Director role
14th October 2021
Specialty Lloyd’s broker MNK Re Limited has announced the appointment of Philippe Bara as Associate Director - Energy and Risk Engineering. Bara brings with him almost thirty years of experience in the energy market across both Paris and London; including in the fields of offshore energy, windfarms, geothermal, shale gas and ... Read the full article
MNK Re hires Nicolas Montoya as CEO LatAm
26th March 2021
Specialty Lloyd’s broker MNK Re has appointed Nicolas Montoya as CEO, Latin America & Caribbean and the establishment of its new Miami based operation. Montoya joins from BMS Miami and will report to Lee Ellis, CEO MNK Re International, based in London. MNK Re has planned to make significant investment into its ... Read the full article
MNK Re adds Bragg, Zarate to international property team
17th December 2020
Specialty Lloyd’s broker MNK Re has added Adam Bragg and Andrea Zarate to its international property team. Bragg will serve as managing director of its international facultative property division and joins from Gallagher Specialty, where he was the head of their Latin American property team. Zarate joins from Lucy A. Raymond and will ... Read the full article
Lloyd’s broker MNK Re purchases majority stake in Prospect Brokers Africa
6th November 2020
Lloyd’s broker MNK Re Limited has announced that it has reached agreement to purchase a majority stake in independent South African reinsurance broker, Prospect Brokers Africa (Pty) Limited. The acquisition will see Neesha Parbhoo lead the newly established MNK Re South Africa as CEO, supported by former RFIB colleagues Paul Ray ... Read the full article
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