broker

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.

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%.

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.

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.

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.

TigerRisk Partners, LLC, the reinsurance brokerage, risk and capital advisory, has announced the hiring of Lindsey Frase, a senior reinsurance broker based in California who joins the firm from her most recent position with Willis Re.

Insurance and reinsurance broking group BMS is taking a major capital injection thanks to new investments from institutions that value the brokerage at UK £500 million (US $636m).

Guy Carpenter has appointed Vicky Carter to the role of Chairman, Global Capital Solutions, International, the unit that contains the capital solutions and insurance-linked securities operations of the reinsurance broker.

Aon has promoted Jay Demeusy to the role of US Vice Chairman of its Reinsurance Solutions business, a position he will take on alongside existing responsibilities.

Insurance and reinsurance broking group BMS has announced another senior hire in the form of Pete Chandler, who will join the firm from JLT Re and become BMS’ new President, U.S. Reinsurance.