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Reinsurance News

  • Re/insurance is about confidence giving and public-private partnerships: Lloyd’s CEO
    The insurance and reinsurance industry is about confidence giving, providing financial protection, and establishing public and private partnerships, according to John Neal, Chief Executive Officer (CEO) of the specialist Lloyd’s insurance and reinsurance marketplace. Neal’s comments stem from the recent SCOR Live Sessions – The (re)insurer of tomorrow, webinar, which also featured the French reinsurer’s […]
    Jack Willard
  • Aon appoints Schultz Vice Chair of Reinsurance Solutions, Pennay named CEO of Aon Securities
    Global insurance and reinsurance broking group Aon has appointed Paul Schultz as Vice Chair of its Reinsurance Solutions arm, with Richard Pennay taking over as Chief Executive Officer (CEO) of Aon Securities, the firm’s capital markets and insurance-linked securities (ILS) specialist division. Over the past two decades, Schultz led the Aon Securities team as the […]
    Luke Gallin
  • Optio Group acquires Luxembourg-based MGA, Circles
    Optio Group, a specialty managing general agent (MGA) has acquired the Luxembourg-based MGA, Circles Group (Circles) for an undisclosed sum, subject to regulatory approval. According to the announcement, the acquisition of Circles marks Optio’s largest in Europe to date. At the same time, the acquisition also represents a critical development in Optio’s ongoing international expansion, […]
    Jack Willard
  • AIG’s Simonsen joins Coalition as European Head of Insurance
    Coalition, an active insurer focused on preventing digital risks, has appointed Tine Simonsen as its Head of Insurance for Continental Europe. Simonsen has nearly 14 years of experience as a specialist within the Financial Lines & Cyber Insurance segments, focusing on products such as Cyber Insurance, D&O Insurance, and Professional Indemnity. In her new role, […]
    Saumya Jain