Willis Re has announced the launch of its global life reinsurance practice following the recent appointment of Christian Howells as head of life reinsurance.
The new practice has been created to provide independent life reinsurance advisory and broking services globally to organisations including life insurers, reinsurers, and pension and annuity providers.
The practice is a strategic collaboration with WTW’s insurance consulting and technology business, which provides extensive analytical and consultancy resources, enabling it to deliver a broad range of services across mortality, morbidity, longevity and pension risk transfer solutions. Its capabilities include traditional and structured reinsurance transactions, funded and capital-motivated reinsurance, portfolio structuring, in-force risk management, advanced analytics, pricing support and strategic risk transfer advice.
The practice will be led by Howells, who recently joined Willis Re from Macquarie Asset Management, where he served as head of international insurance solutions. Prior to that, he spent more than 16 years at Schroders, holding several senior leadership positions serving global insurance clients and leading insurance solutions initiatives across the Asia-Pacific region.
Commenting on the launch, Howells said: “Life insurers are operating in a market defined by capital pressures, regulatory change, longevity risk and accelerating product innovation. The new life practice is designed to support clients beyond the transaction itself, bringing together market insight, analytical rigor and strategic advice to help clients capitalise on market opportunities and strengthen their overall business performance. As companies look for innovative ways to manage risk, unlock capital and adapt to a changing market, our role as a trusted and technically differentiated reinsurance broker is key.”
