Brokers

Early-range forecasts for an above-average season may be reduced.

The broker will join the firm's reinsurance team in an expansion drive.

Reinsurance broker RFIB said it plans to expand its MGA and captive management business amid a rebrand of its holding company.

Richard Carver is to join Guy Carpenter as managing director and senior broker in its UK non-marine division.

John English will take over as CEO of the broker’s captive management operation, replacing Peter Mullen.

Aon Benfield and Aon Risk Solutions are to become simply ‘Aon’ as the firm integrates its different parts.

The ILS unit now reports to Willis Re deputy chairman Mark Hvidsten.

Guy Carpenter has promoted John Fletcher, the head of its retrocessional practice in Bermuda, to take over as chairman of the office.

Peter Stubbings has resigned from his role as Guy Carpenter Bermuda CEO and is set to join the retro team at Aon Benfield, sister publication The Insurance Insider reported.

Aon Benfield's estimate of insured losses from hurricanes Harvey, Irma and Maria (HIM) has come in at $80bn, below the $92bn-$93bn forecasts from Munich Re and Swiss Re released several weeks ago

JLT Re has hired Aon's former Asia Pacific chief operating officer Jeremy Fox as its new CEO in the region, the company announced today.

A smooth reloading of ILS capital and a glut of capacity contributed to catastrophe reinsurance rates rising by less than reinsurers had pushed for following last year's losses, brokers said in early post-renewals reports