JLT Re hires APAC managing director

Appointee transfers from reinsurance industry rival, bringing more than 20 years’ experience

Insurance News

By Gabriel Olano

JLT Re has appointed Stephen Punch as Asia-Pacific managing director for regional clients and retrocession. The appointment will take effect in early 2017, following several appointments by the firm this year.
Based in Sydney, Punch is a veteran of over 20 years in the re/insurance industry, joining JLT from rival reinsurance firm Willis Re, where he was an executive director. Prior to Willis Re, he has held leadership positions at Aon Benfield and Gen Re.
Stuart Beatty, CEO of JLT Re Asia-Pacific, said: “We are delighted Stephen will be joining the team, Stephen has an excellent market reputation and is really enthusiastic about joining our growing capability in Asia Pacific. His knowledge of treaty, retrocession and credit and financial risks working with multinational clients is a perfect fit for JLT Re.”
“Stephen joins a growing number of key hires we have made recently and it is testament to our people and our culture that we can attract such a high caliber of individual,” he added.

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