Posted on 08 Nov 2010
Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, today announces the launch of its Life Reinsurance hub for the Asia Pacific (APAC) region.
The new team offers Aon Benfield clients a spectrum of solutions – from traditional proportional and non-proportional to non-traditional transactions – covering the full range of life insurance products. Utilizing the industry-leading capabilities of Aon Benfield Analytics, the operation will bring cutting edge analytical risk management tools to the life reinsurance market.??Malcolm Steingold, CEO of APAC for Aon Benfield, said: “Aon Benfield has more than 15 years’ experience in the life reinsurance market, with well-established specialist teams in the Americas, the UK and in Continental Europe.
This new APAC team expands our life reinsurance capabilities into the region, where we anticipate there being many growth opportunities for this line of business and therefore for Aon Benfield as the leading reinsurance intermediary in APAC.”
The new operation comprises the full spectrum of life reinsurance broking solutions for life and composite insurers in the region, including capital and reinsurance needs analyses, as well as portfolio modeling and reinsurance optimization through dynamic financial analyses with Aon Benfield’s proprietary modeling tool ReMetrica. ??Angela Koechli, head of Life Reinsurance of APAC for Aon Benfield, commented:
“Throughout its global network, which comprises tremendous expertise across all sectors of the reinsurance industry, Aon Benfield is always its clients’ greatest advocate in the marketplace. This ethos extends to the Life Reinsurance team in APAC – we accompany our clients from the initial strategic analysis of their business needs and opportunities, to the provision of relevant capital and reinsurance solutions and beyond. We are very excited at the opportunities in the region, and look forward to working with our clients to help them achieve business growth and their strategic objectives.”