Howden Tiger forms new brokerage division

U.S.-based reinsurance broker Howden Tiger has created a new broking division called Howden Tiger Fac in London by merging its facultative, consortia and facilities teams with its specialty reinsurance capabilities, Bermuda Re + ILS reported. Gordon Craig will lead the new business as its new president. The division will also contain specialists in property, casualty, construction, power, energy, consortia, and facultative facilities.