Expansion and prediction

Benfield launches facultative operation in Puerto RicoBenfield has expanded its capabilities in Puerto Rico with the launch of a facultative reinsurance operation offerimg facultative and treaty-broking services to the (re)insurance sector on the island. A Puerto Rico and Caribbean facultative broking team from Aon and PWS has been recruited to run the new service.Elliot Richardson, who leads the global facultative solutions operations, said: "Puerto Rico is a sophisticated and highly compet