LONDON, April 30, 2018 (GLOBE NEWSWIRE) -- Willis Re, the reinsurance business of leading global advisory, broking and solutions company Willis Towers Watson (NASDAQ:WLTW), today announced the appointment of Franck Pinette as Managing Director of its EMEA Life & Health practice with effect from 30th April 2018.
Reporting to Tony Melia, CEO of Willis Re International, Franck will be based in London and will lead Willis Re's development in the fast expanding life & health market in the EMEA region.
Franck Pinette is a qualified Chartered Enterprise Risk Actuary (CERA) and brings over 30 years’ experience in life reinsurance, including 11 years as head of Partner Re's Worldwide Life Reinsurance unit and most recently eight years as CEO of Guy Carpenter’s European Life Reinsurance operations.
Commenting on the appointment, Tony Melia said: “Franck’s experience and proven expertise will significantly enhance the capabilities of our International Life & Health practice, which, led by Greg Solomon in Hong Kong and supported by Nigel Sedgwick in London, works in partnership with our market leading Willis Towers Watson life consulting teams.”
Alkis Tsimaratos, Managing Director, Head of EMEA West/South, Willis Re added: “We are delighted that Franck has joined Willis Re to lead the EMEA Life & Health practice, which represents one of our most exciting growth areas. With the advent of Solvency II and other regulatory frameworks around the world, life insurers are much more conscious of the impact that reinsurance can have on their balance sheets, P&L and wider risk management. As clients increasingly review their reinsurance arrangements Willis Re can provide impartial advice and broader market access.”
Pinette added: “It’s great to join the Willis Re team and support Willis Towers Watson in becoming a key player in the life reinsurance market. By combining broking and advisory capabilities I believe we bring a unique value proposition to the life reinsurance market and can provide credible and innovative reinsurance solutions to our clients."
About Willis Towers Watson
Willis Towers Watson (NASDAQ:WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has over 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com
About Willis Re
One of the world's leading reinsurance brokers, Willis Re is known for its world-class analytics capabilities, which it combines with its reinsurance expertise in a seamless, integrated offering that can help clients increase the value of their businesses. Willis Re serves the risk management and risk transfer needs of a diverse, global client base that includes all of the world's top insurance and reinsurance carriers as well as national catastrophe schemes in many countries around the world. The broker's global team of experts offers services and advice that can help clients make better reinsurance decisions and negotiate optimum terms. For more information, visit willisre.com.
Annie Roberts: +44 20 3124 7080 | Annie.Roberts@willistowerswatson.com
Aida Sukys: +1 703 258 8033 | Aida.Sukys@willistowerswatson.com
Source: Willis Towers Watson Public Limited Company