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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.

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 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.

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.

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.

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.

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).

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.

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.

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.