WTW announced it will return to treaty reinsurance broking via a joint venture with the private investment firm Bain Capital. WTW will hold a minority share in the new company, said WTW in an announcement outlining its growth and value …
Treaty reinsurance written in the London company market grew by almost one-third in 2023, with the sector generating premiums of £10.889 billion (US$14.2 billion), up from £8.248 billion ($10.8 billion) in 2022, according to the International Underwriting Association (IUA). The …
Rokstone, the London-based speciality re/insurance MGA, part of the Aventum Group, has launched a Credit & Surety Treaty division. Rokstone has appointed Luis Antonio Ibáñez as the portfolio manager to lead the division, based in Madrid. The division has secured …
Consilium, the global speciality re/insurance broking business of the Aventum Group, announced the launch of a new Specialty Treaty Reinsurance division. The new treaty division will complement Consilium’s existing worldwide broking operations including its FAC division launched last month. It …
This edition of International People Moves details appointments at QBE Re in the U.S., specialist broker MNK Re Group and MGA CFC Underwriting. A summary of these new hires follows here. QBE Re Names Barber Head of U.S. Treaty, Succeeding …
McGill and Partners, the boutique specialist re/insurance broker, is set for further expansion following regulatory approval for its Bermuda operation. The office will officially open later this month. The Bermuda office will complement McGill and Partners’ other international operations as …
Major reinsurers have already pulled back from providing bespoke cover for coal projects as part of efforts to meet global climate change commitments, but now comes the hard part – finding ways to exclude coal from bulk-buy contracts, known as …
Fidelis Insurance announce that Matthew Bellamy will join Fidelis Underwriting Ltd.’s (FUL) London underwriting team to continue to build its reinsurance business. Bellamy has over 13 years of experience where he was most recently the head of Property Treaty and …
Hamilton Underwriting Ltd., the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, announced that Neil Lee-Amies has joined the agency as head of Treaty. Lee-Amies reports to Active Underwriter Miles Osorio. Osorio and Adrian Daws …
Specialist insurer Beazley has announced the appointment of Andreas Bergler as head of Broker Relations for Continental Europe. At the same time, the company said, Martin Fricke would succeed Bergler as head of treaty in Munich In a newly created …
