Willis Group Holdings (WSH), the global risk advisor, insurance and reinsurance broker, has announced the recruitment of Greg Solomon to the International division of its reinsurance business, Willis Re.
Solomon has been appointed Regional Director, Head of Life & Health in Asia-Pacific, Middle East, Turkey and Africa (APMETA). He will be based in Hong Kong and will begin leading the APMETA Life & Health team as of May 1 2014.
Prior to joining Willis Re, Solomon spent 21 years with Swiss Re in various roles in different countries, previously running its global reinsurance capital management team out of London, and most recently as Head of Life & Health Clients in Hong Kong, Taiwan & South East Asia.
This experience will enable him to drive Willis Re’s market share in the expanding APMETA Life & Health market where there is a growing acknowledgment of the value that brokers can bring to clients.
Commenting on his appointment, Solomon said: "Growth in the Life & Health reinsurance market is driven by an increasing desire by life insurers to enhance their product offering and to improve their risk management, so as a result they have a need to find the most appropriate reinsurance solutions available to support this."
"The Life & Health market represents a sector where an appropriately resourced and qualified intermediary can add significant value in the quantification of risk along with the design and placement of appropriate solutions."
Maurice Williams, Managing Director of Willis Re APMETA, said: "We are delighted to have someone of Greg’s calibre join our Life & Health team and are excited about the opportunities to work with existing and new clients across the APMETA region. This area of our business represents a significant opportunity for enhancing the overall reinsurance product offering and Greg’s deep industry experience will play a key role in enabling us to deliver that extra value to clients."