facultative reinsurance News

Marsh, Guy Carpenter and JLT to Merge Latin America Facultative Reinsurance Units

Marsh and Guy Carpenter, both wholly owned subsidiaries of Marsh & McLennan Cos. (MMC), announced that, subject to regulatory approvals, they would combine their Latin American facultative reinsurance operations with those of Jardine Lloyd Thompson Group (JLT), which was acquired …

Markel India Is Now Open for Business, Providing Specialist Facultative Reinsurance

Markel International, the London-based specialist insurer and reinsurer, announced that its Mumbai office is now open and actively writing business. Markel said it provides specialist facultative reinsurance to local Indian insurers, in a broad range of commercial classes including marine, …

Willis Towers Watson Strengthens Facultative Reinsurance Team in France

Willis Towers Watson announced it has reinforced its existing facultative reinsurance business in France by strengthening and growing its Paris-based team. The global advisory, broking, and solutions company has strengthened its proposition by creating an independent and dedicated team of …

JLT FAC Taps RSA’s Melbourne as Producer; Carpenter’s Vitale as Head of Casualty

JLT FAC, part of JLT Re, a global provider of reinsurance broking and consultancy, has appointed two senior executives in London and its U.S. team. In London, Nikki Melbourne will join the firm as partner. She joins from RSA where …

Qatar Re to Stop Writing, Renewing Facultative Business in Dubai

Qatar Reinsurance Co. Ltd. (Qatar Re) has announced it will suspend the writing of all new and renewing facultative business from its branch office in the Dubai International Financial Centre. However, facultative coverage will continue to be provided by the …

UK MGA Castel Specialty Launches Global Property Facultative Reinsurance Cover

Castel Specialty, the division of club-style MGA formation platform Castel Underwriting Agencies Ltd., has added a global property facultative reinsurance offering to its portfolio. Paul Witzenfeld joins Castel Specialty to underwrite a book of global property facultative reinsurance business targeting …

Willis Towers Watson Launches Facultative Re Hub for Germany, Austria, Switzerland

Willis Towers Watson has launched a hub that will focus on facultative reinsurance business across the German-speaking region of Germany, Austria and Switzerland (DACH). The broker said the hub will further enhance its corporate risk and broking proposition in Western …

Miller Hires Richards (from Guy Carpenter) for Its Facultative Property Team

Miller Insurance Services has expanded its facultative property team with the appointment of experienced broker and producer Damian Richards. Richards will work with the team in London and colleagues across Miller to develop tailored facultative reinsurance solutions for its clients, …

XL Catlin Opens Unit in Africa to Write Facultative and Treaty Reinsurance

XL Catlin has established a new Reinsurance Unit focused on providing facultative and treaty reinsurance across Africa. Leading the team is Alex St James who has been appointed as head of Africa for XL Catlin’s Reinsurance operations. Additionally, XL Catlin …

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 …