Reinsurance News

Howden

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

Matthew Strong named MD for Credit & Political Risks at Howden CAP

23rd January 2023

Insurance broker Howden has appointed Matthew Strong as Managing Director, Credit and Political Risks, Howden CAP. In this role, Strong will be based in London, and he will be a member of Howden CAP’s Executive Committee. Howden CAP focuses on four service lines: insurance for M&A transactions, Tax & Contingent Risks, Surety ... Read the full article

Christopher Evans to build out Howden CAP capability in APAC

18th January 2023

International insurance broker, Howden has announced the appointment of Christopher Evans as Executive Director, Howden CAP. Based in Brisbane, Evans joins the new division as it builds out its geographical footprint, bringing expertise and new capabilities for the benefit of clients in Asia Pacific. According to the announcement, with this appointment, Howden ... Read the full article

Howden Italy welcomes Federico Casini as new CEO

13th January 2023

International insurance broker Howden, has announced the appointment of Federico Casini as Chief Executive Officer (CEO) for Howden Italy. In his new role, Casini will lead a business that is now the third largest broker in the country, and that, through significant investment in expertise, infrastructure and data and analytics, offers ... Read the full article

Aston Lark announces two UK senior appointments

10th January 2023

Aston Lark, a Howden company, has today announced two senior appointments following the opening of two new regional offices in the UK. The broker’s new Thames Valley office will be headed by Alistair Matthews, who also joins as a Regional Director with responsibility for a region covering existing offices in ... Read the full article

Direct & fac market proves resilient at Jan 1: Howden

5th January 2023

The global direct and facultative (D&F) market remained resilient at the January 1 reinsurance renewals, Howden reports, with capacity still available at the right price for most cedants, despite the challenging backdrop. The broker notes that a myriad of events came together to drive the hardest property catastrophe reinsurance market ... Read the full article

Aston Lark expands UK presence with two new regional offices

5th January 2023

Insurance broker Aston Lark, a Howden company, is expanding its UK footprint by opening two new regional offices. The new offices will provide additional in-person support for clients, as well as more opportunities for for both employees and emerging talent. The new offices will be in South Wales and the Thames Valley, ... Read the full article

Multi-decadal high reinsurance rate rises achieved at Jan 1, says Howden

3rd January 2023

A myriad of events came together and drove the hardest property catastrophe reinsurance market in a generation at the key, January 1st, 2023, reinsurance renewals, with structures and coverage terms at the forefront of negotiations, according to re/insurance broker Howden. The coalescence of geopolitical and macroeconomic shocks, the ongoing war in ... Read the full article

Howden acquires Spanish broker, March Risk Solutions

30th December 2022

Insurance broker Howden has acquired 100% of Spanish insurance broker March Risk Solutions (March R.S.) and has signed an alliance with Banca March, March R.S.’s parent company and one of the region’s pre-eminent investment banks. Following the purchase, Howden Iberia will exceed €100 million in revenue, as well as €700 million ... Read the full article

Howden acquires TV & film broker Assimovie in Italy

23rd December 2022

International insurance broker Howden has announced plans to acquire Assimovie, a television, film and advertising insurance broker in Italy. The acquisition will make Howden the largest TV and Film production broking house in Italy and represents its ambition to expand its Sport and Entertainment operations in Europe. Founded in 2013 by Valeria ... Read the full article

Aston Lark acquires trade book from Navigators & General

14th December 2022

Howden subsidiary Aston Lark has acquired the commercial direct marine trade book from Navigators & General (N&G), part of Zurich UK, in order to expand its range of insurance products for the marine community. According to the firm, the acquisition of the commercial direct marine trade book from N&G will allow ... Read the full article

Howden names Marc Lehmann Head of Climate Analytics

14th December 2022

International insurance broker Howden has announced the appointment of Marc Lehmann as Head of Climate Analytics. Lehmann brings an array of both modelling and engineering experience to the role, having previously held senior Catastrophe, ESG, Climate Risk, and Climate Change resilience positions at KPMG, AIG and WTW. He joins Howden from Jupiter ... Read the full article

Howden names Ivo Gugolz CEO for Reinsurance, Switzerland

6th December 2022

International insurance broker Howden has hired Ivo Gugolz from Aon, as its Chief Executive Officer for Reinsurance in Switzerland, to be effective April 1st 2023. According to the broker, Gugolz appointment signals a further European focus for Howden in reinsurance, as with this senior hire the company has secured a well-known ... Read the full article

Howden & Fidelis study shows ESG ratings lead to improved underwriting

2nd December 2022

A joint study between international insurance broker, Howden and leading specialty insurer and reinsurer, Fidelis, shows that higher ESG ratings lead to better underwriting performance. The study of loss ratios across 30,000 policies from both Howden and Fidelis’ datasets, comprising a premium value of around $9 billion against third party ESG ... Read the full article

Howden completes acquisition of AlphaXO Risk Partners

2nd December 2022

Insurance broker Howden has increased its shareholding to 100% in AlphaXO Risk Partners (AlphaXO), a specialty insurance broker headquartered in Sydney. AlphaXO’s leadership will remain unchanged, with Andrew Glover continuing to serve in his role as Managing Director. Established in 2007, AlphaXO is one of the Pacific region’s foremost specialist insurance broking ... Read the full article