Reinsurance News
Echo Re
Echo Re opens branch in India’s fast growing GIFT City
16th March 2026
Zurich-based reinsurer Echo Re has received approval from the International Financial Services Centres Authority (IFSCA) of India to establish a reinsurance branch office in Gujarat International Finance Tec-City (GIFT City), strengthening its operational capacity in one of its key markets. Echo Re explained that it has maintained a presence in the ... Read the full article
Tal Winkler appointed Senior Treaty Underwriter at Echo Re and DEVK Re
7th January 2026
Echo Reinsurance Limited (Echo Re), a Swiss-based reinsurer, has announced the appointment of Tal Winkler as Senior Treaty Underwriter at Echo Re and DEVK Re. Both Echo Re and DEVK Re are fully owned subsidiaries of DEVK Sach- und HUK-Versicherungsverein a.G. Winkler is an experienced reinsurance engineering underwriter with a background in ... Read the full article
Echo Re adopts ACORD’s ADEPT platform for digital messaging with Gallagher Re
21st October 2025
Echo Re has begun using ACORD Solutions Group’s ADEPT platform to receive digital accounting and claims messages from Gallagher Re, streamlining communication by eliminating manual downloads and enabling integration of all digital messages into its downstream systems. This implementation of next-generation digital technologies has reportedly resulted in a 50% reduction in ... Read the full article
Echo Re’s GWP grows 7.3% in 2024
25th April 2025
Echo Reinsurance Limited (Echo Re), a Swiss-based reinsurer, reported gross written premiums of $482 million in its full-year 2024 results, marking a 7.3% increase from $449 million in 2023. In light of the solid premium growth in 2024, Property made up 40% of Echo Re’s portfolio composition for the year. In ... Read the full article
S&P upgrades Echo Re’s rating to A
28th June 2024
S&P Global Ratings has upgraded Swiss reinsurer Echo Rueckversicherungs AG (Echo Re) long-term issuer credit and financial strength rating from ‘A-’ to ‘A’ with a stable outlook. The upgrade reflects Echo Re's continued track record of solid and sustainable underwriting and operating performance, aligning with higher-rated peers in 2023. S&P stated, “We ... Read the full article
Echo Re appoints Pablo Iparraguirre as Senior Underwriter LatAm & Caribbean
22nd April 2024
Echo Reinsurance Limited (Echo Re), a Swiss-based reinsurer, has recently appointed Pablo Andres Lugo Iparraguirre as its new Senior Underwriter for Latin America (LatAm) & Caribbean. Bringing over 18 years of underwriting experience, particularly within the Caribbean market, Iparraguirre adds a wealth of expertise to Echo Re. Prior to joining Echo Re, ... Read the full article
Echo Re uses ACORD’s ADEPT for seamless data exchange with Guy Carpenter
4th March 2024
Echo Reinsurance Limited (Echo Re), a global reinsurer, has recently announced its adoption of ACORD Solutions Group’s ADEPT (ACORD Data Exchange Platform and Translator) to streamline digital data exchange with Guy Carpenter. ADEPT, developed by ACORD, is designed to facilitate real-time data exchange, translation, and transformation, making it easier for industry ... Read the full article
S&P revises Echo Re outlook to positive on improved operating performance
30th August 2023
S&P Global Ratings has revised its outlook on Switzerland-based Echo Re to positive from stable, a move that reflects the reinsurer’s improved operating performance. The rating agency also affirmed Echo Re’s 'A-' long-term issuer credit and financial strength ratings. “The operating performance of Echo Rueckversicherungs-AG (Echo Re) is improving on the back ... Read the full article
Echo Re reports GWP increase as profits swell in 2022
3rd May 2023
Swiss-based reinsurer Echo Re has reported a substantial increase in gross written premium in its 2022 full year results, up to CHF 283.6 million. Total technical income for 2022 was CHF 222.1 million, an increase from CHF 188.9 million in 2021. Total technical expenses for the year were CHF 208.8 million, which ... Read the full article
Echo Re adds Garcia and Krenboeck to LatAm & Caribbean underwriting team
27th March 2023
Swiss-based reinsurer Echo Re has announced it is expanding its Latin America & Caribbean underwriting footprint with the appointment of Bruno Krenboeck and Ariadna Garcia. Based in Zurich, Switzerland, they will both support the further development of Echo Re’s portfolio together with Hugo Cardona acting as Regional Advisor. Commenting on the appointments ... Read the full article
Echo Re leverages data exchange platform ADEPT to connect with Aon
16th March 2023
Reinsurer Echo Re, a wholly owned subsidiary of the German DEVK Group, has announced it has expanded its usage of ADEPT to drive efficient data exchange with Aon. According to the announcement, the extended integration of the ACORD Data Exchange Platform and Translator (ADEPT) - built by ACORD Solutions Group - ... Read the full article
Echo Re promotes Pütz to CEO as Meyer retires
2nd March 2022
Zurich-based reinsurer Echo Re has promoted Fabian Pütz to be its new Chief Executive Officer (CEO), taking over from Gilles Meyer who is retiring from the company after five years of service. Incoming CEO Pütz first joined Echo Re in 2018 as the Head of Controlling, Technical Accounting & Claims, and ... Read the full article
Echo Re names Paul Hertelendy as new CUO
5th January 2022
Zurich domiciled reinsurer Echo Re has announced the appointment of Paul Hertelendy, formerly of SCOR, as its new Chief Underwriting Officer (CUO). Hertelendy takes over as CUO from Piotr Nowakowski, who after serving for nine years with the company is leaving to pursue a new professional challenge. "We very much thank Piotr ... Read the full article
Echo Re announces ACORD as messaging platform provider
26th March 2021
Global reinsurer Echo Reinsurance (Echo Re) has entered into a partnership with ACORD Solutions Group as its strategic global messaging platform provider. ACORD Solutions Group (ASG), the industry-owned extension of ACORD, develops solutions and services to help stakeholders throughout the industry by optimising their data. Echo Re will be leveraging ASG’s ACORD ... Read the full article
Denis Haenzi departs Echo Re
7th January 2021
Zurich-based Echo Reinsurance Limited (Echo Re) has announced that Denis Haenzi is retiring this month after more than 10 years at the company. During his tenure, Haenzi played a major role in the MENA Underwriting team at Echo Re. In this role, he actively supervised the French-speaking African markets, including Maghreb. He also ... Read the full article
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