Reinsurance broking firm JLT Re, a subsidiary of the Jardine Lloyd Thompson Group, have announced a new hire who will focus on property reinsurance, property retrocession and industry-loss warranties (ILW’s). Paul Thyer joins JLT Re’s London team immediately as a Partner bringing 32 years of experience in the reinsurance and retrocession markets with him.
Thyer was most recently an Associate Director at BMS Re. Prior to joining BMS in 1999 he was with Alwen Hough Johnson Ltd from 1986 placing London market business. His experience as a London market retro reinsurance and ILW broker will certainly benefit JLT Re at this time where those products are gaining in favour and capital focus on those areas is significant.
Bradley Maltese, Member of the JLT Re Board, said; “Paul is an excellent addition to our expanding team bringing a wealth of expertise and experience. Paul will be part of the Non-Marine Treaty team and will focus on Property Retro, Property Reinsurance & Industry Loss warranty’s (ILW’s.”
Paul commented; “I am delighted to be joining JLT Re, this is a great opportunity to use my expertise as a true client advocate.”