Howden RE has announced the appointment of Carsten Thienel as Head of Treaty Reinsurance, Germany.
Thienel will establish Howden RE’s operations in the country, via a new office in Hamburg, enabling it to better service German and international reinsurance buyers.
With over 30 years of experience in international reinsurance, Thienel has held senior roles at Guy Carpenter, where he was Managing Director, Treaty, Asia, and a Partner in the UK and Europe, where he was responsible for key client relationships.
In addition, he has held the role of CEO of Reinsurance, Asia Pacific at Ed Broking, and various senior positions in Europe at Hannover Re.
Thienel will be responsible for building on Howden RE’s facultative and captive reinsurance business by establishing a presence in Germany, with a particular focus on developing Treaty, Retro and Specialty Reinsurance solutions capabilities.
Bradley Maltese, CEO, Howden RE, said: “The hiring of Carsten is yet another example of us attracting the best talent and continuing to invest in reinsurance, where clients need real reinsurance broker choice. Following our agreement to acquire TigerRisk Partners, we will become the global leader in Facultative, Capital Markets, MGA, Analytics and Specialty Treaty and the pre-eminent reinsurance and capital markets provider for reinsurance buyers.”
“We are now eager to grow our presence in the DACH region, and Carsten is a natural fit due to his extensive experience in both the German and wider international markets.”