property facultative News

Everest Re Names Berry as Head of International Property Facultative Unit

Everest Re Group Ltd. has appointed Sean Berry as vice president and head of the Reinsurance Division’s International Property Facultative unit. Based in Everest Re’s Miami office, Berry will be responsible for worldwide property facultative underwriting, excluding business written out …

Miller Hires Jones to Lead North American Wholesale & Facultative Property Book

Honor Jones has joined London-based Miller Insurance Services to drive the growth of its wholesale and facultative property book in North America. Jones has over 20 years’ experience of placing risks on behalf of organizations with interests in a wide …

Alesco Appoints Bragg to Lead Latin American Property Facultative Team

Alesco Risk Management Services*, the specialist insurance and risk management broker, announced Adam Bragg will be joining as head of the organisation’s Latin America Property Facultative team. His primary focus will be developing business throughout Latin America, particularly in Peru, …

JLT Re Launches New Division, JLT Fac; Macdonald-Smith Appointed as Head

London-based JLT Re has launched a new division – JLT Fac – and appointed Vanessa Macdonald-Smith to lead the division. Keith Harrison, CEO, UK & Europe, JLT Re, said: “The creation of JLT Fac is a reflection of the JLT …

Castel Launches Corporate Underwriting Cell, Targeting African Reinsurance

Castel Underwriting Agencies Ltd., the London-based MGA formation platform, has launched its first corporate underwriting cell, working with One Re, a specialist African-focused reinsurer, to target facultative reinsurance business across Sub-Saharan Africa. The underwriting cell, called One Facultative Acceptances*, will …

Berkley Re UK Launches Global Facultative Property Unit; Galea to Lead Team

Berkley Re UK Limited*, the London-based subsidiary of W. R. Berkley Co., announced it launched a global facultative property unit to provide targeted and tailor-made coverage to global clients, which will “enable them to better manage their risks, whether in …