reinsurance broker


Miller launches Bermuda arm with retro and ILS focus, to be led by Simpson

Insurance and reinsurance broker Miller, the newly independent and private equity funded broking group, has announced the launch of a Bermuda arm that will have a retrocession and ILS focus, as well as the hire of retro broking specialist Charlie Simpson from Aon to lead the unit. Miller was recently taken read the full article →

Aon & Willis Towers Watson merger may face EC statement of objection: Reuters

According to Reuters, the Aon and Willis Towers Watson (WTW) merger may face a statement of objections from the European Commission (EC), as the authority seeks concessions to address competition concerns. It's the latest turn in the largest insurance and reinsurance broker mega-merger and the suggestion from Reuters is that the read the full article →

BMS hires RenRe advisor Cameron as EVP US Property Treaty

Insurance and reinsurance broking group BMS has announced the hire of David Cameron, a former advisor to RenaissanceRe, as an Executive Vice President, continuing the build-out of its U.S. Property Treaty division. Cameron joins BMS from March 1st and will be based in the brokers' Edina, Minnesota office, reporting to Pete read the full article →

Aon & Willis Towers Watson merger to “significantly lessen competition”

The Aon and Willis Towers Watson (WTW) merger will "significantly lessen competition" in the supply of commercial risk, reinsurance and employee benefits broking, the Australian Competition & Consumer Commission is concerned. The Australian Competition & Consumer Commission (ACCC) is not the first to raise significant concerns about the merger, as similar read the full article →

Willis Re hires Michel Büker from PartnerRe as Head of Lloyd’s Capital

Reinsurance broker Willis Re, part of the Willis Towers Watson group, has hired Michel Büker from reinsurer PartnerRe to the newly created role of Head of Lloyd’s Capital, Willis Re Specialty. Büker has been given dual roles at the reinsurance broker, also taking on the position of Head of Production, Customised read the full article →

Aon & WTW cite alt. capital, disintermediation & marketplaces in defence of merger

Broking, advisory, benefits and consulting giants Aon and Willis Towers Watson have defended their merger, with a response to the New Zealand Commerce Commission that cites alternative reinsurance capital, disintermediation by the big four and marketplaces such as Tremor, as threats to their own combined business. The New Zealand Commerce Commission read the full article →

Aon & Willis Towers Watson reveal leadership of combined company

Aon and Willis Towers Watson have jointly announced the leadership team of the company that will emerge once its proposed combination is completed and the plan laid out perhaps suggests that the pair have no intention to offload the Willis Re reinsurance arm. The pair say this represents their "one firm read the full article →

OneGlobal opens Bermuda re/insurance broking office

Oneglobal Broking, the commercial insurance and reinsurance brokerage owned by investor JC Flowers, has opened its first Bermuda broking office and announced two key hires. Having now received regulatory approval for the opening of its Bermuda office, OneGlobal has announced the hiring of Craig Douglas (most recently at RFIB), named Executive read the full article →

BGC renames re/insurance unit Corant Global

BGC Insurance (BGCI), the insurance and reinsurance broking, MGA and underwriting units of BGC Partners, has been rebranded as Corant Global. BGC is a brokerage, advisory and financial technology company, which has been aggregating insurance and reinsurance interests in recent years. Most relevant of these for our audience are reinsurance and specialty read the full article →

Gallagher names Behagg CEO reinsurance, Swallow to step down

Gallagher, the international insurance and reinsurance broking brand of Arthur J. Gallagher & Co., has appointed Simon Behagg to become Chief Executive Officer (CEO) of reinsurance, as Rupert Swallow gets set to depart. Behagg will become CEO of the Gallagher Re business from February 2021, taking over the role from current read the full article →