All reinsurance broker articles – Page 5
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BMS appoints Leahy cyber practice co-leader
The re/insurance broker announced Daniel Leahy joins from rival intermediary Howden.
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Middle East retention levels rising – Chedid Re’s Abi Rached
Local insurers have “more skin in the game” due to the hard market for reinsurance.
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Howden Tiger hires Byler to boost US casualty growth plans
Reinsurance broker Howden Tiger announces Carrie Byler has joined from rival Guy Carpenter.
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Howden Tiger appoints Chattaraj chief science officer
An internal hire, Bhaskar Chattaraj takes on the newly-created role for the reinsurance broker.
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Lockton Re appoints new cyber leader for North America
Brian Lewis was previously cyber and professional liability product officer at Zurich.
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Aon Names Romeo as CEO of its Bermuda reinsurance operations
Joining Aon in 2022, previous roles at Bermudan reinsurers include president and head of property of Axis Specialty, and senior underwriter, property catastrophe at PartnerRe.
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Acrisure Re Appoints Hodges to EVP role
The reinsurance broker’s new executive vice president joins from Howden Tiger where he was the international head of analytics.
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Acrisure Re appoints new head in Chicago
Reinsurance broker said its new hire, joining from rival broker BMS, joins its North American executive committee.
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Ron Lockton resumes CEO role of Lockton
Peter Clune steps down as CEO of the family-owned re/insurance broker.
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Ardonagh Specialty appoints Rastiello North American reinsurance CEO
Specialty reinsurance broker’s new leader of its North American reinsurance operations was previously CEO and president of Accredited.
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Chandler steps down as BMS Re CEO
Two interim co-CEOs have been appointed by the reinsurance broker, while Pete Chandler becomes vice-chair.
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Where does the market go from here? – interview with Howden Tiger’s David Flandro
David Flandro, head of industry analysis and strategic advisory, Howden Tiger, spoke to GR about the reinsurance broker’s view of where the market is heading after its most recent 1/1 renewal.
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2023 was a record year for billion-dollar cats and the protection gap got worse – Aon
The protection gap deteriorated to 69% last year, from 58% in 2022, with insurance covering the cost of $118bn of $380bn in economic losses.
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Aon names Kielty UK CEO
Jane Kielty has more than 20 years’ experience in risk and insurance, spanning the broker’s commercial risk and retail capabilities.
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Guy Carpenter’s RoL index for property cat up by 5.4% globally at 1/1
At the 1/1 reinsurance renewals, Guy Carpenter’s global rate-on-line index increased by an estimated 5.4% year-on-year.
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Smooth 1/1 helped by reinsurer profits, higher pricing across retro and primary markets
Global reinsurance capital surpassed $635bn at the nine-month point of 2023, according to Aon.
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1/1 renewal stable, showing stronger supply dynamics – Howden
Reinsurance renewals in January 2024 saw a market adjusting to a period of extraordinary cyclical and structural change, according to Howden’s briefing.
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Howden Tiger appoints Schultz to lead Continental European casualty reinsurance
Wolfram Schultz joins from AXA GIE in Paris, where he was responsible for analysis, strategy, and optimisation of the French insurer’s incoming and outgoing global reinsurance business.
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Aon combines EMEA and UK CEO roles under Page
Eduardo Dávila, Aon’s CEO for Europe, Middle East and Africa (EMEA), will depart the firm at the end of 2023, the broking firm announced.
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Q3 surge causes insurtech investment to surpass $1bn – Gallagher Re
Driven by a 25.5% quarter-on-quarter surge in P&C insurtech investment, new funding edged past a billion dollars to $1.1bn during the third quarter of 2023, up 19.8%, according to the latest Global Insurtech Report from Gallagher Re.