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BMS’ investments from Canadian pension BCI and P/E investor PCP complete

Insurance and reinsurance broking group BMS has now completed the process of securing new investments from institutional investors that valued the brokerage at UK £500 million (US $636m).The investments, from affiliates of Canadian pension fund British Columbia Investment Management Corporation (BCI) and private equity investors Preservation Capital Partners (PCP), were read the full article →

Hyperion adds capital markets expertise with Shumway hire

Hyperion Insurance Group, the global insurance and reinsurance broking, advisory and underwriting company, has hired Mark Shumway, an executive with capital markets and ILS advisory expertise, to its Hyperion X unit.Hyperion has been steadily adding reinsurance and capital markets expertise, with broking capabilities now ranging across traditional and collateralised markets, read the full article →

TigerRisk appoints Manoj Gupta as Chief Operating Officer

TigerRisk Partners, LLC, the reinsurance brokerage, risk and capital advisory, has hired and appointed Manoj Gupta, previously of Third Point Re, to be the brokers Chief Operating Officer.Gupta had worked at Third Point Re for a number of years, having originally led the development and management of a catastrophe reinsurance read the full article →

James Few departs MS Amlin to lead TigerRisk London office

James Few, the Global Managing Director of re/insurer MS Amlin’s reinsurance division has stepped down to take on join broker TigerRisk Partners as the CEO of their London office.Few has been with MS Amlin since 2015 and has been instrumental in developing the firms global reinsurance offering, which also meant read the full article →

Cobbs Allen combines investment bank & insurance broker in CAC Specialty

Independent U.S. risk management and insurance broker Cobbs Allen has launched a new unit focused on bringing together investment banking and insurance to create risk transfer solutions for corporates and private equity sponsors.The specialty broking unit CAC Specialty represents the "next wave in the long-term convergence of insurance and capital read the full article →

Tysers launches in Bermuda, targets production of ILS related business

Near 200 year old insurance and reinsurance broking group Tysers has opened its first Bermuda office as it seeks further expansion and to produce business from both traditional and alternative or ILS markets on the island.Tysers has a long history of specialty lines broking, particularly in the London market, but read the full article →

Aon reports continued capital markets transaction growth in Q2

Insurance and reinsurance broker Aon has reported continued growth in terms of insurance-linked securities (ILS), catastrophe bonds and other capital markets related reinsurance transactions for the second-quarter, while overall reinsurance broking revenues grew 12%.In reporting its results today, Aon said that its reinsurance broking and structuring activities related to the read the full article →

Aon promotes Ronda to President, US Reinsurance Solutions

Aon has announced the promotion and appointment of Tim Ronda to President of the firms U.S. Reinsurance Solutions business, with George deMenocal remaining in the CEO role of the broking unit.Taking on the role of President of Aon Reinsurance Solutions in the United States with immediate effect, Ronda is based read the full article →

Ed hires Carrie Kelley to lead property insurance in Bermuda

Reinsurance, specialty and wholesale broking group Ed has added a new senior hire to its recently launched Bermuda broking platform, naming Carrie Kelley, previously of Barbican, as its new Head of Property Insurance, Bermuda.Ed received approval to begin operations in Bermuda in late June, where it will provide a full read the full article →

Ed approved to begin broking operations in Bermuda

Reinsurance, specialty and wholesale broking group Ed has been approved to begin operations in Bermuda, where it will provide a full range of multi-line broking services.Ed announced its plans to open a Bermuda broking office towards the end of last year, as it sought out expansion into one of the read the full article →