January 5, 2017
JLT Re has acquired Risk & Re-Insurance Solutions Corp (RRiSC), a reinsurance intermediary specializing in casualty treaty business based in Miami. RRiSC was established by Anthony Mirabal in 2001. RRiSC will form part of JLT Re (North America) Inc. According …
December 19, 2016
JLT Re said it has acquired StoneHill Reinsurance Partners, a reinsurance intermediary specializing in medical professional liability. StoneHill, which is based in Minneapolis, will form part of JLT Re (North America). Terms of the deal were not disclosed. StoneHill was …
October 27, 2016
JLT Re, the London-based reinsurance broker and consultant, has appointed Stephen Punch as managing director, Asia Pacific, for Regional Clients and Retrocession. Punch is expected to join JLT Re in early 2017 after he has completed his contractual obligations with …
October 19, 2016
JLT Re, the London-based reinsurance broker and consultant, has appointed Jong Kuk (“JK”) Moon as CEO of JLT Re Korea. Moon will be based in JLT Re’s Seoul office and will report to Kenny Moyes, CEO, JLT Re Asia. “JK …
October 14, 2016
JLT Re (North America) Inc. (JLT Re), a global provider of reinsurance broking and consultancy, has appointed John Speckman as senior vice president in Stamford, Conn. In this role, Speckman will be part of the Workers’ Compensation and Programs practice …
October 12, 2016
Despite recent slowdowns, emerging economies are expected to outperform advanced markets over the next five years, according to a report published by JLT Re. The emerging economies examined in the JLT Re study are also expected to gain an increasing …
September 30, 2016
JLT Re has named John Brodsky a senior vice president in Seattle, Wash. Brodsky will be part of the workers’ compensation unit, and will focus on the expansion and development of JLT Re’s casualty practice. He was previously with Guy …
September 21, 2016
JLT Re, the London-based reinsurance broker and consultant, announced the appointment of Jonathan (Jo) Garnett as managing director, Malaysia, subject to regulatory approvals. Garnett will be based in JLT Re’s Kuala Lumpur office and will report to Stuart Beatty, CEO, …
September 14, 2016
Re/insurers have released redundant liability reserves into their earnings for the past eight years as a result of favorable loss development. This practice has worked well to compensate for low investment yields and soft market prices. But have carriers gone …
September 13, 2016
It may be wishful thinking – but some major reinsurers are hoping the bottom of the reinsurance cycle is at hand. Both Swiss Re and Hannover Re told journalists at this year’s reinsurance Rendez-Vous de Septembre in Monaco that they …