JLT Re News

Midyear Renewals Show Early Signs of Price Stabilization: JLT Re Report

Downward pricing pressures eased during the June 1 and July 1 renewals – the first time since January 2013 – which suggests that a reinsurance pricing floor is not far away, according to a report published by JLT Re. “Although …

Who Will Be Next? M&A Trends to Be Eyed at Monaco Reinsurance Meeting

A prolonged decline in global reinsurance prices is spurring merger moves in the sector, with many executives attending next week’s annual industry meeting in Monte Carlo eyeing who might next become predator or prey. While the $600 billion industry, which …

JLT Re Builds Programs & Binding Authorities Division with 3 New Hires

JLT Re, the London-based reinsurance broker and consultancy, announced it is continuing to develop and diversify its Programs and Binding Authority Division with three new appointments. Mark Sleet has joined from Miller where he specialized in casualty business; Sleet has …

Brokenshire Appointed Global Chief Operating Officer of JLT Re

JLT Re, the London-based provider of reinsurance broking and capital solutions, has appointed Craig Brokenshire as global chief operating officer. Brokenshire was previously COO of JLT Re’s Asia Pacific region, having joined JLT Re Australia as a director in 2011. …

JLT Re Appoints Walters to Support International Growth, Client Development

JLT Re, the London-based provider of reinsurance broking and capital solutions, announced that Russell Walters has joined as a partner. Bradley Maltese, deputy CEO of UK & Europe, said, “Russell joins JLT Re with over 30 years of reinsurance experience …

Jardine Lloyd Thompson Appoints Rozes as Group Finance Director

Jardine Lloyd Thompson Group plc, a global provider of insurance, reinsurance and employee benefits-related advice, brokerage and associated services, announced it is appointing Charlie Rozes as group finance director, to succeed Mike Reynolds. JLT announced in August 2014 that Reynolds …

Jardine Lloyd Thompson Capital Markets Adds $10M Cat Bond to Florida Book

Jardine Lloyd Thompson Capital Markets (JLTCM) Inc., part of JLT Re, has arranged a private placement catastrophe bond, Market Re 2015-1, which closed at $10 million. The new bond provides one year indemnity-based collateralized catastrophe reinsurance coverage for the cedant’s …

JLT Re Names 4 to Senior Posts for North America

Reinsurance broker JLT Re in Philadelphia has made a number of senior appointments for its North American business: George Daddario has been named deputy CEO for North America Reinsurance. Tony Marangiello is now North America Marketplace leader. Craig Darling is …

Hochberg Named CEO of JLT Re in North America

Reinsurance broker JLT Re has appointed Ed Hochberg as CEO of JLT Re in North America. Hochberg is currently global head of Analytics, Banking and Advisory at JLT Re, having joined as part of the 2013 Towers Watson Re acquisition. …

Benson Joins JLT Re as Senior VP for Southeast

JLT Re (North America) has appointed Judy Benson as senior vice president. She will be part of the Southeast region led by David Johnson and JJ Johnson. JLT Re said she will focus on account management and new business development. …