Reinsurance News
Willis Re
Willis Re is a global reinsurance broker launched as a joint-venture between private equity firm Bain Capital (BCIS) and WTW. The company aims to serve its client-base with reinsurance risk transfer solutions backed by industry expertise, advanced analytics, and a global network.
Willis Re hires Guy Carpenter marine and energy specialists
10th December 2025
Willis Re, a reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, has welcomed numerous marine and energy specialists from Guy Carpenter, the reinsurance arm of Marsh McLennan. Freddie Vaughan brings over 14 years of experience in the Specialty Reinsurance market. He started his career with JLT Re in ... Read the full article
Widespread tech adoption to revolutionise reinsurance buying: Willis Re
20th November 2025
Highlighting the benefits of widespread adoption of technology-driven processes, Willis Re has suggested that the reinsurance buying experience could see dramatic improvements. "Reinsurance is changing its spots. Whether aggressively or reluctantly, carriers, brokers and capital providers have begun to embrace the current, unprecedented wave of technological change. The ongoing upgrade to ... Read the full article
War risks return to the seas as reinsurance faces a new era of uncertainty: Willis Re
14th November 2025
According to Willis Re, the marine war risks market, once a quiet, predictable corner of global reinsurance, is being reshaped by renewed geopolitical tension and rising aggression at sea. The firm traces this evolution back to the late 19th century, when Lloyd’s underwriters formally separated “risks of the seas,” such as ... Read the full article
Future California wildfire losses likely to exceed historical data: Willis Re
12th November 2025
Future wildfire losses in California are likely to exceed what recent fire footprints suggest, challenging how the re/insurance industry assesses and prices risk, Daniel Bannister, from Willis Research Network, states in a recent analysis. Two decades of intense fire activity has largely spared the state’s most high-value, highly exposed areas, but ... Read the full article
Parametric reinsurance gains momentum as Jamaica sees rapid hurricane payouts
11th November 2025
Willis Re, a specialised reinsurance broker, reports that two parametric risk transfer deals have recently drawn attention after confirming swift payouts to Jamaica. Hurricane Melissa activated the country’s $150 million World Bank sovereign bond, which had notably defaulted after Hurricane Beryl the previous year. At the same time, the Caribbean Catastrophe ... Read the full article
Alex Kirkby joins Willis Re’s Marine & Energy business
4th November 2025
Willis Re, a reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, has announced the appointment of Alex Kirkby to its Marine & Energy business in London. Kirkby brings more than a decade of experience across both underwriting and broking. He joins Willis Re from Ascot Group, where ... Read the full article
Melissa to add pressure at renewals but not enough to shift market balance: Willis Re
30th October 2025
Despite Hurricane Melissa’s significant human and economic toll on Jamaica, Cuba, and other Caribbean islands, the event’s cost to the global reinsurance sector is unlikely to alter overall market dynamics, though it may give underwriters added leverage in renewal negotiations, according to Willis Re. As our sister publication Artemis recently ... Read the full article
Willis Re names Adrian Fahy as Chief People Officer
22nd September 2025
Adrian Fahy has been named Chief People Officer of Willis Re, where he will lead the firm's global people function, overseeing talent strategy, culture and engagement, learning and development, total rewards, and inclusion and diversity. "His remit is to shape the people strategies that enable our colleagues — and our business ... Read the full article
Willis Re names AssuredPartners’ Sankha Ghosh as EVP and Group CIO
17th September 2025
Willis Re, a reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, has hired Sankha Ghosh from AssuredPartners as Executive Vice President (EVP) and Group Chief Information Officer (CIO). Sankha has over 27 years of technology leadership experience, spanning across business transformation, digital innovation, cloud capabilities, data management, and ... Read the full article
Neville Ching joins Willis Re in Bermuda to support joint venture
4th September 2025
Willis Re, a specialised reinsurance broking joint venture between Bain Capital (BCIS) and WTW, has announced that industry veteran Neville Ching has joined the company in Bermuda to support the firm’s reinsurance joint venture. As a reminder, in December 2024, WTW confirmed its plan to re-enter the treaty reinsurance broking market ... Read the full article
Willis appoints Dom Spinelli as Head of Transactional Insurance Claims, NA
25th April 2025
Willis, a WTW business, has announced the appointment of Dom Spinelli as Head of Transactional Insurance Claims for North America. In this role, he will lead the claims function within Willis’ Alternative Asset Insurance Solutions (AAIS) division, overseeing the full lifecycle of transactional insurance claims, including representations and warranties, tax, and ... Read the full article
SecurityScorecard & Willis partner to enhance cyber risk management
4th April 2025
SecurityScorecard has entered a strategic partnership with Willis, a WTW business, to enhance cyber risk quantification, improve insurance modelling, and strengthen security strategies for organisations globally. As part of the partnership, SecurityScorecard has named Willis its official insurance broker, reinforcing the connection between cyber risk insights and insurance strategy. The collaboration combines ... Read the full article
Willis launches insurance solution for marketing & advertising production in US
27th March 2025
Willis, a WTW business, has launched AdWrap, a master-controlled insurance program designed to streamline production insurance for businesses and their contracted vendors. AdWrap offers a cost-effective and transparent solution for companies producing marketing, advertising, and promotional content in the U.S. The program simplifies production insurance for in-house teams, third-party vendors, and social ... Read the full article
Aon hires Sarah Freitag from Gallagher Re
30th August 2022
Sarah Freitag has joined insurance and reinsurance broker Aon from Gallagher Re, taking on the role of Executive Managing Director, Head of E&S Specialty P&C. Based in New York, Freitag joins Aon after spending roughly 10 months with reinsurance broker Gallagher Re, initially as Executive Vice President, Specialty Property Segment Leader, ... Read the full article
Gallagher Re set to win TWIA account
7th December 2021
The Actuarial & Underwriting Committee of the Texas Windstorm Insurance Association (TWIA) has voted to recommend that the Association's Board of Directors select Willis Re (now Gallagher Re) for reinsurance broker services. We wrote in November that TWIA was considering changing its reinsurance broker from Guy Carpenter, with the committee ... Read the full article
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