People Moves: Blenheim Syndicate 5886 Taps Barber From Fortegra as Sr. Liability Treaty U/W; Pen’s Vessel Protect Names Lockton’s Kent as Biz Development U/W May 28, 2024 This edition of International People Moves details appointments at Blenheim Underwriting’s Syndicate 5886 and the MGA Pen Underwriting. A summary...
People Moves: Gallagher Re Names Kerton as CEO for UK Region, Succeeding Wakefield; Swiss Re Corporate Solutions Promotes Hall for UK, Ireland, S. Africa, EMEA Wholesale May 15, 2023 This edition of International People Moves details appointments at Gallagher Re and Swiss Re Corporate Solutions. A summary of these...
People Moves: Gallagher Promotes Kent to Lead Global Insurance Strategic Relationships; Wakefield Named CEO of Gallagher Re March 16, 2023 Gallagher, the insurance brokerage, risk management and consulting services firm, announced that James Kent, currently global CEO of Gallagher Re,...
Inflation a ‘Major and Growing Concern’ for Reinsurers April 4, 2022 With buyers’ needs for capacity stable and remaining within the collective appetites of reinsurers, April 1 reinsurance renewals were orderly,...
Many Re/Insurance Buyers Are ‘Frustrated’ With Multiple Years of Price Rises January 5, 2022 By L.S. Howard Frustration is setting in for commercial insurance buyers subjected to multiple years of price rises, especially those that have improved...
Gallagher Completes $3.25B Purchase of Willis’ Treaty Reinsurance Brokerage Business December 1, 2021 By L.S. Howard Arthur J. Gallagher & Co. announced it has completed the $3.25 billion acquisition of nearly all of the treaty reinsurance...
Global Reinsurers See Robust Capital Growth of 15% in 2019: Willis Re April 29, 2020 Total capital dedicated to the global reinsurance industry measured US$605 billion at year-end 2019, reflecting robust 15% year-on-year growth, according...
UK Insurance Industry Leaders Form Steering Group to Propose Pandemic Response, Chaired by Catlin April 21, 2020 UK Insurance industry leaders have combined to form a steering group, which will work with terrorism reinsurer Pool Re, with...
January 2020 Reinsurance Renewals Varied Significantly, Brokers Say January 6, 2020 By L.S. Howard The January 2020 reinsurance renewals saw significant variation in pricing and capacity depending on geography, line of business, cedents’ loss...
Reinsurers Offering Better Prices, Capacity for Preferred Trading Partners: Willis Re July 2, 2019 Strengthening primary insurance market conditions underpinned improvements to reinsurance prices, terms and conditions at the June 1 and July 1,...