8 December 2020Insurance

Guy Carpenter bolsters US life reinsurance leadership with ex-Sirius hire

Reinsurance broker Guy Carpenter & Company, a part of Marsh & McLennan Companies, has hired Benjamin Keslowitz as US life reinsurance leader.

The newly created role underscores the broker's strategic investment in strengthening its position in the life reinsurance sector.

Keslowitz will focus on delivering the full range of risk and capital solutions to clients and prospects in the life insurance and reinsurance sectors, including strategic advisory and ratings advisory support, as well as providing capital solutions through GC Securities. He will draw on his expertise to assist clients in the evaluation and execution of structured life and annuity reinsurance transactions.

Keslowitz was most recently president of a life and annuity actuarial and consultancy practice. Prior to that, he held a number of actuarial and strategic roles, including senior vice president and head of long-term life reinsurance at Sirius Group, chief operating officer and head actuary at a start-up Bermudian/Caymanian reinsurance company, and vice president at Prudential Financial. Keslowitz also co-founded Converge Re II, a Puerto Rico-based reinsurance company.

Based in New York, Keslowitz will report to Ed Hochberg, managing director and head of global risk solutions at Guy Carpenter, and David Rains, managing director and head of the life, accident and health segment at Guy Carpenter.

Hochberg said: “Guy Carpenter’s Life reinsurance team helps clients increase their overall capital efficiency and leverage numerous opportunities for growth. This team is central to our strategic focus and Ben’s appointment demonstrates our continued investment in expanding our capabilities to better serve our clients.”

Rains added: “Ben is a fantastic addition to our Life reinsurance team. He brings an incredible level of actuarial insight, solution expertise and market experience to the role, enhancing our ability to support our clients as they navigate challenges facing the life insurance industry, including low interest rates, regulatory pressures and the ever-present need for active capital optimization.”

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