Howden Capital Markets & Advisory (HCMA), Howden’s specialist risk, capital and strategic advisory business, is continuing its expansion across Continental Europe with the establishment of a German entity.
Howden Capital Markets & Advisory (EU) GmbH has been granted a licence as an investment firm by the German Federal Financial Supervisory Authority (BaFin).
The new entity builds on HCMA’s growing presence in Continental Europe, strengthening its ability to combine local execution with global sector expertise.
HCMA’s established reputation in Continental Europe, combined with Howden Re’s local expertise, rapid growth and ongoing investment in the region, enables it to provide clients with capital markets capabilities, reinsurance insight, and access to global investors.
The establishment of HCMA’s regulated platform in Germany marks a further step in its long-term commitment to the region, enabling closer client engagement and enhanced execution capabilities.
This development reflects increasing demand from European insurers and reinsurers for advice that extends beyond traditional risk transfer.
Jarad Madea, CEO, Howden Capital Markets & Advisory, said, “HCMA has established itself as a leading independent advisor to the global P&C insurance market. Continental Europe represents a significant opportunity for capital advisory globally, with increasing deal activity and growing investor interest in the sector. Our model—combining deep sector expertise with full integration across Howden Re—positions us to deliver differentiated outcomes for clients across the region.”
Alexander Roth, Managing Director and Head of Capital & Operational Solutions, Howden Re, added, “The launch of Howden Capital Markets & Advisory’s German entity is the next milestone in Howden Re’s ongoing growth and investment in Continental Europe. Strengthening capabilities in the region underlines our sustained commitment to European clients and ambition to scale our capital advisory offering globally.”
Philipp Kusche, Chairman of HCMA Europe and Global Co-Head of ILS, said, “Continental Europe is seeing a structural shift in how insurers and reinsurers access and manage capital. Demand for capital markets solutions, from hybrid capital, strategic transactions through insurance-linked securities, is increasing. This expansion allows us to combine our global expertise of HCMA with a strong local presence.”





