Reinsurance News
Howden Tiger
Market environment a “generational opportunity” for reinsurers: Howden Tiger
12th September 2023
"The current market environment is arguably a generational opportunity for reinsurers, with risk-adjusted rate increases across property-catastrophe lines at their highest levels since the advent of catastrophe modelling and quantitative risk adjustments," suggests Howden Tiger. Citing its own data, Howden Tiger said that global property-catastrophe rates increased by over 50% cumulatively ... Read the full article
Asset-light structures play a critical role in insurance: Howden Tiger, Conning
10th September 2023
Reinsurance broker Howden Tiger, in collaboration with insurance research group Conning, has released a new report examining the growing importance and influence of asset-light structures to the re/insurance industry during times of heightened underwriting and investment volatility. The comprehensive report, Travelling Light, explores the rise and impact of asset-light insurance structures, ... Read the full article
Tim Radford joins Howden Tiger as Executive Director, Capital Solutions
7th September 2023
Howden Tiger has announced that Tim Radford has joined as Executive Director, Capital Solutions. Radford joins Howden Tiger from Aon, where he was a Broker within the Capital Advisory team, specialising in Funds at Lloyd’s where he led and was involved with Syndicate launches and capital raises across the market. Before Aon, ... Read the full article
Opportunity for reinsurers to exceed their cost of capital: Howden Tiger
24th August 2023
After experiencing a significant capital impairment in 2022, re/insurance capital is "slowly returning to its previous levels," and as reinsurers continue to benefit from hard market conditions, the sector should exceed its cost of capital for the first time in this cycle, according to Howden Tiger. Global reinsurance broker Howden Tiger ... Read the full article
Howden Tiger makes additions to Cyber Reinsurance division
17th July 2023
Howden Tiger has made two new appointments within its Cyber Reinsurance division, naming Toby Lampier as Executive Director, and Cecilia Assmundson as Divisional Director. Lampier joins Howden Tiger from Aon, where he spent almost a decade, most recently serving as Head of Broking Strategy & Markets - Cyber Reinsurance. Before this, he ... Read the full article
Reinsurance capital beginning to recover: Flandro, Howden Tiger
5th June 2023
David Flandro, the Head of Industry Analysis & Strategic Advisory at re/insurance broker Howden Tiger, has noted early signs of recovery in the market after capacity was largely impaired last year. During a briefing on reinsurance trends held on June 1st, Flandro noted it hasn't fully undergone a change yet, but ... Read the full article
Reinsurance capital is rising again: Howden
2nd June 2023
Amidst a changing market, reinsurance capital is rising again as events that caused its decline through last year start to slowly reverse, Howden Tiger stated in a recent report. A number of global factors are reshaping the reinsurance market landscape. Financial market volatility, inflation and geopolitical tensions, as well as recent ... Read the full article
Property-cat rates up 33%, index hits record high at June 1: Howden Tiger
1st June 2023
Howden Tiger reports a significant increase in reinsurance rates, with risk-adjusted property-catastrophe pricing up 33% on average at June 1 renewals, reaching its highest level since inception. The rate increase fell within the range of 25% to 40%, with variations depending on the specific layer. This follows a 25% increase ... Read the full article
Howden Tiger Fac appoints Sandy Warne to lead Terrorism & Political Violence division
5th May 2023
Howden Tiger Fac, a broking division of Howden Tiger, has appointed Sandy Warne as the head of its Terrorism & Political Violence division. With more than 20 years of experience in the industry, Warne has previously held various roles specializing in Terrorism & Political Violence with companies such as Munich Re ... Read the full article
Howden Tiger names Ruff to lead Legacy team
23rd March 2023
Seth Ruff, Head of Structured Reinsurance at Howden Tiger, the reinsurance arm of international re/insurance broker Howden Broking Group, has assumed the additional role of Head of Legacy. Furthermore, the Legacy and Investment Banking divisions have come under common management, reporting to Jarad Madea, CEO, Howden Tiger Capital Markets & Advisory ... Read the full article
Howden Tiger hires Jani to lead treaty reinsurance team in Middle East, Africa & India
8th March 2023
Howden Tiger, the reinsurance arm of international re/insurance broker Howden, has appointed Minesh Jani to lead its Treaty Reinsurance team in the Middle East, Africa & India region. In the role, Jani will hold responsibility for growing Howden Tiger’s international platform within the Middle East, Africa & India, with a particular ... Read the full article
Howden Tiger appoints Smith and Walsh to Casualty division
7th February 2023
Howden Tiger, the reinsurance arm of international re/insurance broker Howden Broking Group, has announced the appointment of Garrick Smith and Jim Walsh as Senior Brokers to its Casualty division. Based in North Carolina, Smith will focus on the Casualty and E&S Casualty space, while Walsh, based in Stamford, CT will focus ... Read the full article
Howden Tiger announces creation of new broking division, Howden Tiger Fac
23rd January 2023
Howden Tiger has announced the creation of a new broking division, Howden Tiger Fac, which merges Facultative, Consortia, Facilities expertise and Specialty Reinsurance capabilities from across the newly combined business. Gordon Craig, who has been named President of Howden Tiger Fac, will lead the new division in London. Howden Tiger states that ... Read the full article
Howden completes acquisition of TigerRisk
12th January 2023
Howden Group Holdings has completed the acquisition of TigerRisk Partners (now Howden Tiger), with the firm stating, "Together, we are the world's fourth largest global reinsurance broker." Howden also suggested that following the acquisition, it has created the world’s largest programme, MGA and binding authority capability, which it calls Howden Tiger ... Read the full article
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