N.Y.-based U.S. RE Hires Guy Carpenter Exec as Senior Vice President

Global reinsurance broker U.S. RE Corp. appointed reinsurance veteran James Nelson as senior vice president.

Nelson is a reinsurance executive with more than 30 years of experience. He served more than 30 years at Guy Carpenter, where he rose from treaty broker to managing director.

He began his career at Safeco before joining Carpenter in 1978. He was a director of Balis & Company, which later became the Philadelphia office of Guy Carpenter. Throughout his career, Nelson managed major, commercial property and casualty accounts.

U.S. RE Corporation provides reinsurance broking services. The company is active in the placement of treaty, program and facultative reinsurance. In addition to the placement of conventional reinsurance, the company also develops and places non-traditional reinsurance mechanisms including finite risk reinsurance and various proprietary products.