Ute Michaelsen will retire from her position as head of facultative for North America at Swiss Re on 31 March after 28 years with the reinsurance giant, The Insurer can reveal.
Scor has appointed Julia Willberg as global head of cedant facultative underwriting for Scor P&C.
WTW has announced the appointment of Tony Simm as head of facultative for Great Britain.
Competitive market dynamics are driving an increase in demand for facultative reinsurance for casualty, energy and construction-related risks, although access to capacity remains a significant barrier, according to a new WTW survey.
Expansive Aventum Group-owned MGA Rokstone has added Aviva capacity to support its direct and facultative (D&F) property portfolio under a three-year binding authority agreement,
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 has appointed Oliver Waterhouse as the head of property facultative.
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 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, the reinsurance broking unit of Ardonagh Specialty, has strengthened its fac team with the appointments of Fred Few Brown and Jonathan Gerken.