JLT Re hires Willis Re exec director for Asia Pacific role

JLT Re has appointed Stephen Punch as managing director of Asia Pacific for regional clients and retrocession, based in Sydney.

Punch has over 20 years of re/insurance experience, having most recently served as an executive director at Willis Re.

Prior to this, he held key positions at Aon Benfield and Gen Re.

He is expected to start his new role early in 2017.

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 calibre of individual. I look forward to welcoming Stephen to JLT Re.”