McGill & Partners hires Nicky Payne for ILS broking push

McGill & Partners, the boutique risk solutions firm launched by former Aon President Steve McGill, has hired Nicky Payne, previously active underwriter of the Credit Suisse Insurance Linked Strategies owned Lloyd's syndicate Arcus 1856. Having worked in senior insurance and reinsurance broking roles in London for Howden and Aon before, Payne read the full article →

Hyperion valued at $5bn after HG Capital investment & debt raise

Global insurance and reinsurance intermediary and distributor holding company Hyperion Insurance Group Limited has raised a significant new haul of capital from a key private equity investor and through a private debt issuance, as it targets accelerated growth. The private equity investor in question is HG Capital, a technology focused investor read the full article →

Aon + WTW to “extend proven model of catastrophe bonds” – CEO’s Case & Haley

The impending combination of insurance and reinsurance broking giants Aon and Willis Towers Watson (WTW) will aim to "extend the proven model of catastrophe bonds" as the resulting organisation will continue to look to help clients access the capital markets, CEO's Greg Case and John Haley have said. The two CEO's, read the full article →

Aon Reinsurance Solutions hires Pett from Nephila in Bermuda

Aon's Reinsurance Solutions division has announced the hire of Stephen Pett in Bermuda, who joins the broker from his most recent position with insurance-linked securities (ILS) fund manager Nephila Capital. Pett joins Aon as a Vice President and broker and will focus on instruments such as industry loss warranties (ILW's) other read the full article →

Beach hires reinsurance & capital management focused broker Berkstresser

Beach & Associates has announced the hiring of Warren Berkstresser from Willis Re, who will joins the firms reinsurance division Beach Re in its Seattle office. Berkstresser has a background in reinsurance brokerage and capital management or advisory, having worked on capital market and alternative risk solutions for clients during his read the full article →

McGill & Partners hires Milgate to lead growing treaty reinsurance team

McGill & Partners, the boutique risk solutions firm launched by former Aon President Steve McGill, has announced the hiring of Angus Milgate as Head of Treaty Reinsurance, as well as a raft of hires expanding that team to 34 members. Angus Milgate was most recently Head of UK and Ireland for read the full article →

Capsicum Re to be renamed Gallagher Re, in alignment with parent

Reinsurance broker Capsicum Re is to be renamed as Gallagher Re, to bring the company into line with its parent Arthur J. Gallagher  & Co. (AJG). Arthur J. Gallagher  & Co. (AJG) took 100% ownership of Capsicum Re back in January, to bring the specialty reinsurance broking joint venture that it read the full article →

Guy Carpenter hires Andrea Piatti to Global Risk Solutions division

Reinsurance broker Guy Carpenter has announced the hire of well-known executive Andrea Piatti to the role of Managing Director within its Global Risk Solutions division. Piatti had most recently worked as Head of European M&A at Armour Risk Management Ltd, prior to which he held senior roles at MS Amlin, Amlin read the full article →

Howden appoints Rugge-Price as Chair, aims to challenge major brokers

Howden Broking Group, which is in the process of bringing together the retail focused Howden with the more specialty insurance and reinsurance focused RKH under one brand, has named a new Chair as it looks to position itself as a challenger to the majors. Both sit under the global Hyperion Insurance read the full article →

Dan Bailey to depart Steadfast Re for McGill & Partners

Dan Bailey, a well-known London and international broker producer with expertise across treaty reinsurance, collateralised products and retrocession, is moving employers after a relatively short stint with Steadfast Re, landing at McGill & Partners. Bailey had joined Steadfast Re, the reinsurance broking joint-venture of the Steadfast Group Ltd. and the ex-management read the full article →