Reinsurance News

Reinsurance broking news

Reinsurance broker news, analysis and insight, covering reinsurance broking market developments, trends and opportunities.

Reinsurance brokers have a core role to play in the market, so we frequently cover news related to their activities and also interview senior reinsurance broking executives as well.

Ramon Zandueta to lead KRM Re Brokers Philippines

14th October 2025

KRM Reinsurance Brokers Philippines, a re/insurance broker, has appointed Ramon “Mon” Zandueta as its new Managing Director (MD) and Chief Executive Officer (CEO), effective September 1st, 2025. Zandueta is an industry veteran with four decades of experience, known for his long career at Marsh Philippines, where he served as CEO from ... Read the full article

Simon Chisholm named Chairman of Asia for Aon’s Reinsurance Solutions

10th October 2025

Aon, a global insurance and reinsurance broking group, has announced the appointment of Simon Chisholm as Chairman of Asia for Reinsurance Solutions, effective January 1st, 2026. In his new role, Chisholm will lead Reinsurance Solutions’ Global Clients Segment for the Asia region, focusing on strengthening relationships with key clients in Japan ... Read the full article

Josh Carson named Dallas Business Leader for Aon’s Reinsurance Solutions

8th October 2025

Aon’s Reinsurance Solutions, the reinsurance division of global broker Aon, has announced the appointment of Josh Carson as Dallas Business Leader. In his new role, Carson will collaborate across all client segments, supporting Aon’s unified U.S. strategy to deliver the best of Aon to every client, everywhere, as part of the ... Read the full article

New Zealand’s NHC to seek reinsurance broking services ahead of 2027 renewal

8th October 2025

The Natural Hazards Commission Toka Tū Ake (NHC) has announced plans to begin a new procurement process for reinsurance broking services, as it looks ahead to the next stage of its reinsurance programme starting in 2027. The Crown entity, which provides natural disaster insurance cover to residential property owners across New ... Read the full article

Nudo becomes US casualty segment leader of Aon Reinsurance Solutions

3rd October 2025

Aon, the global re/insurance broking group, has announced that it has appointed Nick Nudo as U.S. casualty segment leader of the firm's Reinsurance Solutions business. Nudo joined the broker in 2024 as Senior Managing Director of Reinsurance for Chicago. Overall, he brings more than 20 years of re/insurance industry expertise across ... Read the full article

Aon tops reinsurance broker ranking on 2024 revenues, but Guy Carpenter ahead in 2025

7th September 2025

Our ranking of the world's largest reinsurance brokers reveals that, based on revenues, Aon Reinsurance Solutions led the way in 2024, however, Guy Carpenter, the reinsurance broking arm of Marsh McLennan, is ahead in 2025. With revenues of $2.656 billion, Aon Reinsurance Solutions ranked as the world's largest ... Read the full article

European demand for aggregate covers resurges as insurers seek frequency protection: Gallagher Re’s Dowlen

11th June 2025

European cedants are showing renewed interest in aggregate catastrophe reinsurance coverage, as elevated retentions and heightened sensitivity to the potential impact of an increased frequency of events put pressure on underwriting earnings, according to Hamish Dowlen, Managing Director and Head of EMEA at Gallagher Re. Speaking to Reinsurance News, Dowlen noted that ... Read the full article

Cat bond demand extremely strong, collateralised reinsurance returning: Gallagher Securities

16th January 2025

For various buyers of protection, the insurance-linked securities (ILS) market remains an integral part of their overall reinsurance purchasing decision, and demand for the catastrophe bond product was extremely strong in 2024, while demand for collateralised reinsurance is also returning, according to Gallagher Securities, the insurance-linked securities (ILS) and capital ... Read the full article

LK Re Singapore named UK Lloyd’s broker

6th December 2024

LK Re, a specialist in reinsurance brokerage and Singapore subsidiary of LK Insurance Brokerage, has been selected as a registered broker by Lloyd’s in the UK. This move marks the first time that an overseas subsidiary established by a Korean insurance broker has been granted this status. LK Re's registration as a ... Read the full article

WTW could ‘acquire complete ownership’ of reinsurance broking JV: CEO Hess

3rd December 2024

After WTW confirmed its re-entry into the treaty reinsurance broking market earlier today, via a joint venture with Bain Capital, Chief Executive Officer (CEO) Carl Hess has explained that, over time, the company could obtain control and purchase complete ownership of the new company. The announcement revealed that WTW will ... Read the full article

WTW confirms return to treaty reinsurance broking market via Bain Capital joint venture

3rd December 2024

Global insurance brokerage WTW has confirmed its intention to re-enter the treaty reinsurance broking market via a joint venture with private investment firm, Bain Capital, with WTW set to hold a minority share in the new company. At its 2024 Investor Day later today, WTW will outline its growth and value ... Read the full article

9M’24 insured natural catastrophe losses above average at $102bn: Aon

28th October 2024

Global broking group Aon estimates insurance industry losses from natural catastrophe events in the first nine months of 2024 of at least $102 billion, with the impacts of hurricane Milton and additional events expected in the rest of the year poised to push annual insured losses above the $125 billion ... Read the full article

Rare Earth unveils wholesale insurance broker in mainland China

28th October 2024

Rare Earth Insurance Partners Shanghai (Rare Earth Shanghai), member of the +8 Partners ecosystem, has officially launched in mainland China as the first independent wholesale insurance broker in the territory.  The company, which is led by industry veterans Wang Wei and Mark Gu, will reportedly provide expertise and competitive commercial insurance products ... Read the full article

Ageas in talks to acquire Saga’s underwriting unit and form UK broking partnership

11th October 2024

International insurance group Ageas has confirmed that it has entered into exclusive negotiations to ink two major deals with Saga plc, a UK specialist provider of products and services to people aged over 50. The proposed transaction would see both organisations establish a 20-year partnership for the distribution of personal lines ... Read the full article

Mahindra Insurance Brokers establishes reinsurance arm in Dubai (DIFC)

3rd October 2024

The insurance broking arm of India's Mahindra Finance, Mahindra Insurance Brokers Ltd (MIBL), is looking to enhance its reinsurance services across the Middle East and Africa with the launch of its reinsurance division in Dubai's International Finance Centre (DIFC). Mahindra Finance is a large Indian non-banking finance company, and MIBL is ... Read the full article