Aon Benfield, a global reinsurance intermediary and capital advisor, has launched its Life Reinsurance hub for the Asia Pacific (APAC) region.
Aon has said that the new team at Life Reinsurance hub will offer its clients with comprehensive solutions from traditional proportional and non-proportional to non-traditional transactions covering the full range of life insurance products.
Aon has claimed that utilizing the capabilities of Aon Benfield Analytics, the operation will bring better analytical risk management tools to the life reinsurance market.
Aon Benfield CEO of APAC Malcolm Steingold said, 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 analysis with Aon Benfield’s proprietary modeling tool ReMetrica.
Aon Benfield Life Reinsurance of APAC head Angela Koechli said, 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.