Facultative

Rokstone secures multi-year Aviva capacity for D&F property portfolio

Expansive Aventum Group-owned MGA Rokstone has added Aviva capacity to support its direct and facultative property portfolio under a three-year binding authority agreement, The Insurer can reveal.

Differentiation key to maintaining relevance in softening fac reinsurance market

Nick Fraccalvieri, CEO of Aon’s EMEA facultative reinsurance business, shares his observations on what is driving facultative purchasing, the underlying market conditions and how Aon is remaining at the forefront of increased competition.

Price Forbes Re names Waterhouse property fac head

Price Forbes Re has appointed Oliver Waterhouse as the head of property facultative.

Aon’s Hunt: Industry challenges underscore need for facultative solutions

Buyers of reinsurance are beginning to turn to facultative coverage to overcome ongoing and emerging market risks, according to Laura Hunt, Aon’s US facultative insurance leader.

Swiss Re appoints Alves as head of fac P&C in LatAm

Swiss Re has tasked Juliana Alves with leading its facultative P&C business in Latin America, with the appointment going into effect from the beginning of October.

Price Forbes Re bolsters property and PVT fac with Howden and GC hires

Price Forbes Re, the reinsurance broking unit of Ardonagh Specialty, has strengthened its fac team with the appointments of Fred Few Brown and Jonathan Gerken.

Izzo: Everest sets sights on growing $1bn+ fac book

Opportunities in property and casualty facultative reinsurance are firmly in Everest’s crosshairs as it looks to further grow its $1bn-plus book in the sector as clients increasingly view the specialist protection as a strategic purchase, Anthony Izzo has told The Insurer.

Lockton Re bolsters international casualty fac with Gen Re’s Cohn

Lockton Re has appointed Rachel Cohn to lead its international casualty facultative practice.

Stronger signs of elevated buyer confidence

Ghassan Mansour, head of facultative reinsurance at Acrisure Re, examines the ever-shifting market dynamics.

Juniper Re hires former Aspen Re US fac head Wagner to launch into facultative

Juniper Re has hired former Aspen Re US facultative head Russ Wagner to lead the reinsurance broking start-up’s expansion into facultative business, The Insurer can reveal.

Redline gets Lloyd’s capacity for LatAm and Caribbean property fac offering

Redline Underwriting has secured capacity from a panel of Lloyd’s syndicates to write a book of property facultative reinsurance business in Latin America and the Caribbean.

Acrisure Re bolsters LatAm fac offering with Specialty Re partnership

Acrisure Re’s facultative division has signed a preferred partnership broker agreement with Specialty Reinsurance Brokers for facultative stock throughput and property business.

Amwins: property fac market shows signs of softening

The signs of softening being seen in the E&S property market are also showing up in the facultative reinsurance market as growing carrier appetite leads to an easing of capacity constraints, according to Amwins.

IGI spies US treaty and fac growth opportunities

International General Insurance Holdings continues to see plenty of opportunity to grow its treaty and facultative reinsurance books in the US with both regional and catastrophe-exposed business after recording 35 percent growth in the country in Q1 2024.

Gallagher strengthens global fac hubs with Ardonagh, GC and Miller hires

Gallagher has bolstered its facultative reinsurance team with five appointments across its existing teams in London, New York and Dubai, as well as establishing new hubs in Singapore and Sydney.

McGill builds European reinsurance presence with Heiler in Germany

Specialty (re)insurance broker McGill and Partners has continued the build-out of its facultative offering with the appointment of Josef Heiler as a partner in the fac reinsurance team in Hannover, Germany.

Miller continues fac expansion with Guy Carpenter’s Spells

Miller has appointed Ollie Spells as head of London property facultative within its global facultative team.

WTW’s London-based head of global facultative Alex Shepherd departs

WTW’s London-based head of global facultative Alex Shepherd is leaving the firm after two years, in a move that comes as the broking giant is exploring a potential full-scale re-launch of its reinsurance broking business, The Insurer can reveal.

Too good to miss

Sean Sperring, director of facultative reinsurance at BMS Re, talks about why this is an exciting time to rejoin the firm.

Standing apart from the crowd

Having rejoined Aon in 2023, Nick Fraccalvieri, Reinsurance Solutions’ leader of EMEA facultative, explains how the firm is enhancing its competitive advantage in the region to help shape better business decisions.

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