Reinsurance News
Howden Re
Howden Re is the global reinsurance broking division of the Howden Group, one of the largest insurance intermediaries in the world.
Operating as a global reinsurance, risk, capital and strategic advisory, Howden Re works with the world’s largest insurers to design, structure, arrange and place complex reinsurance programs.
Read all our Howden Re news below.
Ranked by 2023 revenue, Aon is still the world’s largest reinsurance broker
8th September 2024
Based on fully-year 2023 revenues, Aon Reinsurance Solutions, the reinsurance broking arm of the global intermediary, remains the world's top reinsurance broker, although Guy Carpenter, the reinsurance arm of Marsh McLennan, has narrowed the gap at the top. Our ranking of the top global reinsurance brokers in ... Read the full article
Re/insurance industry must adapt to meet new demands and challenges: Howden Re
5th September 2024
Traditional risk management models are being tested by unprecedented natural disasters, geopolitical tensions and economic volatility, and with complex and evolving perils more interconnected and severe than ever before, insurers and reinsurers must adapt, according to Howden Re, the reinsurance broking arm of the global insurance intermediary. Howden Re's new report, ... Read the full article
Reinsurance capacity crunch threatens growth in financial risks sector, says Howden Re
5th September 2024
James Loggie, Managing Director of Howden Re Financial Risks, emphasises a critical need for growth in the reinsurance market to match rising demand. Despite the stability and strong performance of the financial risks sector post-pandemic, the reinsurance market faces urgent pressure to expand. In a recent interview with Reinsurance News around ... Read the full article
Hannah Njoki joins Howden Re as Director – Reinsurance Broker East Africa
5th September 2024
Experienced reinsurance executive Hannah Njoki has joined Howden Re as Director - Reinsurance Broker East Africa. Njoki will reportedly be based in Dubai and work with Howden Re's existing team to support clients across the East Africa region. Attilio Tornetta, Managing Director and Head of Reinsurance for Africa at Howden Re commented, ... Read the full article
Ceded reinsurance, an ever smaller proportion of total premium over the last five years: Howden Re
22nd August 2024
According to Howden Re's re/insurer earnings overview report for the first half of 2024, the period witnessed moderating rate increases in the primary market, whilst also experiencing a greater proportion of property & casualty (P&C) premiums coming through reinsurers. But, according to David Flandro, Head of Industry Analysis and Strategic Advisory, ... Read the full article
Howden Re teams with Temblor to enhance Turkish earthquake risk & impact assessment
8th August 2024
Howden Re, the reinsurance and risk advisory arm of Howden, has entered into a partnership with Temblor Inc., the catastrophe modelling company that specialises in seismic hazard and risk assessment, which will see Temblor provide Howden Re with access to their SiteAmp model, providing critical data-driven insights on both the ... Read the full article
Howden Re expands cyber capabilities, adds Harriet Gruen as Head of Threat Intelligence
6th August 2024
Howden Re, the reinsurance and risk advisory arm of Howden, has announced the expansion of its Cyber Reinsurance capabilities in threat intelligence and education with the appointment of Harriet Gruen as Head of Threat Intelligence, Education & Training. This move follows a period of rapid growth for the cyber reinsurance team ... Read the full article
Andy Foot joins Howden Re as MD, Marine, Energy & Terror Treaty
30th July 2024
Andy Foot has joined Howden Re as Managing Director, Marine, Energy & Terror Treaty, where he will focus on the London and US markets including the placement of consortia and binders. Foot joins Howden Re from Aon, where he spent over two decades in the professional services firm's specialty reinsurance division, ... Read the full article
Mass IT outage to accelerate interest in cat-focused reinsurance: Howden Re
22nd July 2024
While the financial implications of last week's significant IT outage, which was caused by an update to the CrowdStrike Falcon endpoint detection and response (EDR) tool, will take time to be understood, the event is expected to accelerate interest in cat-focused reinsurance programmes, according to Luke Foord-Kelcey, Global Head of ... Read the full article
Howden Re appoints Shireen Gammoh as MD, Legacy & Structured Reinsurance
4th July 2024
Howden Re, the reinsurance broking arm of Howden Group Holdings, has announced the appointment of Shireen Gammoh as Managing Director (MD) within the Legacy and Structured Reinsurance team. Gammoh will join Howden Re on July 17th and will be based in Bermuda. Seth Ruff, Managing Director and Head of Legacy & Structured ... Read the full article
Howden Re and Keenan complete LPT for a large California workers’ compensation JPA
2nd July 2024
Reinsurance broker Howden Re and Keenan have completed a strategic Loss Portfolio Transfer (LPT) between one of the largest California workers’ compensation joint powers authorities (the JPA) and a top-ten global reinsurer. Howden Re was responsible for facilitating the commutation with historical markets and brokered the loss portfolio transfer for the ... Read the full article
Lloyd’s syndicate performance improves in 2023 with reinsurance growing significantly: Howden Re
26th June 2024
There has been an improvement in Lloyd’s syndicate underwriting performance in 2023 throughout the majority of classes, with reinsurance "growing significantly", according to a topical report from Howden Re. According to the firm, property, reinsurance, marine, aviation and transport reported the largest premium growth over the last five years; experienced across ... Read the full article
Howden Re names David Hearn as Chairman, Global Clients Strategy
31st May 2024
Howden Re (formerly Howden Tiger), the reinsurance broking arm of Howden Group Holdings, has appointed reinsurance industry veteran, David Hearn, as Chairman of Global Clients Strategy. In his new role, Hearn’s remit will include supporting the leadership and client service teams across the spectrum of risk and strategic advisory. This will ... Read the full article
Risk-adjusted property-cat ROL 5% lower on average, indicating shifting market dynamics: Howden Re
30th May 2024
Moderated risk-adjusted property-catastrophe reinsurance pricing reflects shifting market dynamics at the June 1st reinsurance renewals, broker Howden Re has stated. According to Howden Re, risk-adjusted property-catastrophe reinsurance rates-on-line (ROL) were on average 5% lower at the June 1 2024 renewals, within a typical range of -7.5% to -2.5%. According to analysts, the ... Read the full article
Re/insurance industry must recalibrate cyber risk approach to reach untapped potential
9th May 2024
As per a new report from Howden Re, the reinsurance and risk advisory arm of the Howden Group, while perceptions of heightened systemic risk within the cyber re/insurance class have been persistent, the rewards offered are often underestimated relative to natural catastrophe exposure. Howden Re's report, Re-framing cyber risk: navigating threats ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
