Agents & Brokers News

Stephenson to Join JLT Re’s Marine & Energy Division in London

JLT Re announced that Martin Stephenson will join its Marine and Energy Division subject to the fulfillment of his existing contractual obligations. Stephenson will work closely with the division’s head, Nick Jay, and its senior leadership, chairing the division’s management …

Carpenter Appoints Miller-van der Schild as Managing Director of Benelux Unit

Guy Carpenter & Co. has appointed Susanne Miller-van der Schild as managing director, Guy Carpenter Benelux, effective 1 February. Miller-van der Schild will be responsible for further developing Guy Carpenter’s platform in the region, and in particular strengthening its position …

ILS Market Hits New Record of $70B in 2015: Willis Capital Markets & Advisory

Total non-life insurance linked securities (ILS) capital reached a record $70 billion at year-end 2015 – topping the previous record of $65 billion at year-end 2014, according to the latest ILS market update from Willis Capital Markets & Advisory, the …

JLT Re Launches New Division, JLT Fac; Macdonald-Smith Appointed as Head

London-based JLT Re has launched a new division – JLT Fac – and appointed Vanessa Macdonald-Smith to lead the division. Keith Harrison, CEO, UK & Europe, JLT Re, said: “The creation of JLT Fac is a reflection of the JLT …

Douglas at Willis Towers Watson Receives High U.K. Honor

Willis Towers Watson announced that Rowan Douglas, head of Willis Towers Watson’s Capital Science & Policy Practice, has been made a CBE in the United Kingdom’s New Year Honours List for services to the economy through risk, insurance and sustainable …

Climate Change, Migration Top List of Global Risks: WEF Survey

Climate change and large-scale forced migration are the greatest risks facing the world according to a survey by the World Economic Forum, the organizer of next week’s meeting in Davos. The 2016 report, published Thursday, highlighted the most significant threats …

Willis Towers Watson Appoints Financial Institutions Leader for CEEMEA

Willis Towers Watson has appointed Alexander van Kuffeler as regional leader of Financial Institutions in Central & Eastern Europe, Middle East and Africa (CEEMEA). Based in London, van Kuffeler takes up the role with immediate effect. He will focus on …

Insured Nat Cat Losses 31% Below Average During 2015: Aon Benfield Report

Global natural disasters in 2015 caused a combined total insured loss of $35 billion – 31 percent below the 15-year average of $51 billion and the lowest annual insured loss total since 2009, said a report issued by Impact Forecasting, …

Guy Carpenter Launches EMEA Advisory Council to Support Its Regional Growth

Guy Carpenter & Co. has established an EMEA Advisory Council to support its growth plans in the region. The council is specifically designed to provide advice and to inform the EMEA regional leadership’s strategy and its implementation, said Guy Carpenter …

Ryan Direct Agrees to Acquire Northern Ireland MGA, Midas Underwriting

Ryan Direct Group (RDG), the insurance services business and part of Chicago-based Ryan Specialty Group (RSG), has entered into agreement to acquire Northern Ireland-based MGA Midas Underwriting, subject to regulatory approval. The financial considerations were not disclosed. Derek Coles, RDG …