reinsurance brokerage News

London’s BMS Re Acquires Texas Reinsurance Broker

London-based BMS Re US, a specialist insurance and reinsurance broker, has acquired a reinsurance intermediary that complements its own operations. BMS, which is the broking arm of Minova Insurance, acquired Advocate Reinsurance Partners, a privately-held reinsurance intermediary for middle-market insurance …

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 …

Brown & Brown Sells Reinsurance Broker Axiom Re to Beach Re

Brown & Brown Inc. sold certain assets of one of its subsidiaries, Axiom Re, to Beach Re Limited effective December 31, 2014. Axiom Re is a reinsurance brokerage operation based in North Carolina with approximate annual revenues of just under …

RenaissanceRe Forms Specialty Reinsurance Agency for U.S. Market

RenaissanceRe Holdings Ltd. has formed RenaissanceRe Underwriting Managers U.S. LLC, a specialty reinsurance agency based in Connecticut, which will support the growth of new products and services in the United States specialty market. RenaissanceRe Underwriting Managers U.S., an indirect wholly-owned …

Aon’s Anning Joins TigerRisk’s London Office

Reinsurance broker TigerRisk Partners reported that Nick Anning will join the firm as a director in its London office. In his new position Anning will serve as practice leader for North American reinsurance. Anning started his reinsurance broking career in …

Johnson Brothers Head Towers Watson Reinsurance Office in North Carolina

In a move that expands its reinsurance brokerage business in the Southeast, global professional services company Towers Watson has established a brokerage operation in the Burlington-Greensboro, North Carolina area. Heading up the new brokerage operation in the region are executive …