facultative reinsurance News

Willis Launches Global 360 to Specialty Clients

Willis Limited, a subsidiary of Willis Group Holdings Plc, has announced the first set of insurers offering to support Global 360, which it described as “a pioneering suite of capacity facilities for its specialty insurance clients. The rollout of Willis’ …

XL Group Opens Facultative Reinsurance Office in Dallas

XL Group plc’s reinsurance operations opened a Dallas, Texas, office led by Dean Wolfe who was recently promoted to manager of XL’s newly created property facultative western region. Wolfe, who has more than 15 years of industry experience including seven …

Condon Joins Miller’s Reinsurance Team

UK-based broker Miller Insurance Services LLP announced that Charlotte Condon, an experienced producer and broker of facultative reinsurance, has joined Miller’s reinsurance team in London. This is the latest in a number of senior appointments that Miller has made to …

Willis Appoints Vaccaro CEO for Facultative Reinsurance Operations in Chile

Willis Group Holdings announced the further strengthening of its operations in Latin America with the appointment of Alejandro Vaccaro as CEO of the company’s Chilean facultative reinsurance division. He recently joined Willis from Aon Benfield on August 1, 2012 to …

Aon Benfield Appoints Summers Global CEO Facultative Re Division

Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Plc, announced the appointment within its facultative division of Paul Summers as Global CEO of Aon Benfield Fac, effective immediately. He reports to Dominic Christian and Michael Bungert, co-CEO’s. …

Kerr to Head BMS Growth in Australia, Asia-Pacific

Global broker BMS Group announced that it has “achieved another major strategic goal with the appointment of respected Australia-based facultative broker, Glenn Kerr.” Kerr will join the BMS’ wholesale team, led by Nick Cook, from Aon Benfield “upon completion of …

Green Joins UK’s Miller Facultative Re Team

UK Broker Miller Insurance Services Limited announced that it has appointed Andrew Green “to further enhance its global facultative reinsurance capability.” Mike Papworth, Head of Facultative Reinsurance, noted Green’s “strong reputation in the London market,” adding that his expertise “will …

Tosti Appointed CEO of Willis Facultative London

Willis Group Holdings announced that, effective immediately, Gianmarco Tosti has been appointed CEO, Willis Facultative London, a newly created post. He will lead a team of 50 Associates responsible for the placement of international facultative reinsurance business into the London …

Aon Benfield Says Q1 Cat Losses Expected to Raise Facultative Rates

Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp, has released the latest edition of its “Fac Quarterly report,” which provides an analysis of trends witnessed in the facultative reinsurance market during the first quarter of 2011. …