Michael Reynolds, global chief executive officer of JLT Re
21 November 2018Insurance

JLT Re CEO steps down

Mike Reynolds, CEO of JLT Re has stepped down from his position.

Reynolds was appointed global CEO, JLT Re in September 2014.

The company has not explained the circumstances of Reynolds’ departure, but the move comes as Ross Howard, chairman of JLT Re, has been appointed vice chairman of Guy Carpenter.

Guy Carpenter is a wholly owned subsidiary of Marsh & McLennan Companies which is in the process of acquiring re/insurance broker Jardine Lloyd Thompson Group (JLT) for $6.4 billion.

Dominic Burke, CEO of JLT, said: “On behalf of everyone at JLT, I should like to thank Mike for the enormous contribution he has made as CEO of JLT Re, and wish him the very best for the future.”

Reynolds joined JLT in November 2012 as group finance director. He has worked in a number of senior finance roles in the insurance industry including as chief financial officer (CFO) of ACE European Group Limited and Aon Benfield.

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More on this story

21 November 2018   Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies, has appointed Ross Howard, chairman of JLT Re, to become vice chairman of Guy Carpenter.
18 September 2018   Marsh & McLennan Companies (MMC) is acquiring re/insurance broker Jardine Lloyd Thompson Group (JLT) for $6.4 billion.
17 December 2018   JLT Re (North America) has partnered with Pact Insurance, a personal auto insurtech company, to create a digital insurance solution to cover established and emerging mobility risks.