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 →

TigerRisk hires Lindsey Frase from Willis Re

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.Frase is a production focused reinsurance broker working on the west coast U.S. and in read the full article →

BMS gets investment from Canadian pension BCI and P/E investor PCP

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).The investment is coming from affiliates of Canadian pension fund British Columbia Investment Management Corporation (BCI) and private equity investors Preservation Capital Partners read the full article →

Vicky Carter to chair Guy Carpenter Global Capital Solutions, International

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.Carter was previously the Chairman of Global Strategic Advisory at Guy Carpenter and has worked in the reinsurance industry for 38 read the full article →

Aon names Demeusy US Vice Chairman, Reinsurance Solutions

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.Demeusy has been with Aon for 25 years, working in a range of increasingly senior leadership roles.Alongside his new position chairing the U.S. reinsurance brokerage read the full article →

BMS hires Chandler of JLT Re as President, U.S. Reinsurance

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.Chandler is just the latest senior figure to exit the JLT ranks after the acquisition by Marsh & McLennan.He read the full article →