Forcellini brings more than six years of reinsurance broking experience, having previously held roles at Aon. Between February 2022 and January 2025, he served as a reinsurance broker in London, following his prior role as an insurance broker focused on international property from September 2018 to March 2022.
Before joining Aon, Forcellini completed internships at Valentino in Italy, where he worked in financial management and reporting, and at Allied World in London, where he supported business development efforts.
He holds a bachelor of business administration from Hult International Business School and attended Pangbourne College from 2011 to 2013.
Facultative reinsurance has experienced notable developments in recent years, reflecting shifts in the broader reinsurance market. The wider market had a US$458.72 billion valuation in 2024, with projections indicating growth to around $761.93 billion by 2034, at a compound annual growth rate (CAGR) of 5.7%.
Fac reinsurance has become a more attractive option for businesses due to several factors. For one, facultative reinsurance allows insurers to negotiate terms for individual risks, providing tailored coverage for unique or high-value policies that may not fit within standard treaty agreements.
By ceding specific risks on a case-by-case basis, fac reinsurance also allows insurers to better manage their exposure to large losses, improving overall financial stability.
Engaging in facultative reinsurance also enables insurers to leverage the specialized knowledge of reinsurers, particularly for complex or non-standard risks.
Outside of its fac re expansion, Howden Re also recently announced the appointment of Emily Lo as head of analytics for Asia, as part of its efforts to expand its presence in the region.
What are your thoughts on this story? Please feel free to share your comments below.
