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.
Insured cat losses drop by $40bn in 2025, but good luck no substitute for sound strategy: WTW
29th January 2026
A new report from Willis, a WTW business, with contributions from Willis Re, has revealed that natural catastrophes generated more than $100 billion in insured losses in 2025, marking the sixth consecutive year above that threshold and underscoring the continued severity and persistence of natural catastrophe risk even in the ... Read the full article
Willis Re adds Megan Hart to strengthen catastrophe and climate risk analytics
9th January 2026
Willis Re, a specialised reinsurance broking joint venture between Bain Capital (BCIS) and WTW, has announced the addition of Megan Hart to strengthen its reinsurance analytics capabilities across catastrophe and climate risk management. Hart brings more than 12 years of industry experience in reinsurance analytics, with deep expertise in catastrophe risk and ... Read the full article
Matthew Whyte joins Willis Re to strengthen client support capabilities
6th January 2026
Matthew Whyte has joined Willis Re as a broker, bringing 38 years of industry experience to further strengthen the firm’s client support capabilities. Whyte has led client teams across global marine and energy, property and composite accounts, as well as multi-class captive treaties, having spent 32 years at Guy Carpenter and ... Read the full article
Willis Re expects further easing of conditions, greater competition & continued new supply in 2026
31st December 2025
Willis Re, a reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, forecasts that in 2026 there will be continued new supply, alongside easing of conditions and greater competition between reinsurers for cessions. The broker notes that almost all segments showed a softening in reinsurance pricing over 2025, with ... Read the full article
Willis Re welcomes Guy Carpenter’s Richard Keegan
18th December 2025
Richard Keegan, a property reinsurance and retrocession broking expert, has joined specialist reinsurance broker Willis Re following a nine-year tenure at Guy Carpenter. With 15 years in the industry, Keegan has dedicated his entire career in Bermuda to cultivating robust, trust-based relationships with key buyers and markets. The executive started at Aon ... Read the full article
Willis Re welcomes Non-Marine Property specialist Charlie Hall
12th December 2025
Willis Re, a reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, has announced the appointment of Charlie Hall, a seasoned reinsurance executive with over a decade of experience in the Non-Marine Property market. Hall joins the firm following a successful tenure at Guy Carpenter, bringing with her a ... Read the full article
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
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