Reinsurance News
Howden
Howden New Zealand completes acquisition of Apex Insurance
6th September 2023
Global insurance group, Howden has completed its acquisition of Apex Insurance New Zealand and its associated subsidiaries. Acquiring Apex will greatly accelerate Howden's ongoing strategy to form a leading broking operation in the Pacific region, as it builds on the foundation for the company's growth plans in New Zealand, as well ... Read the full article
Howden Germany names new Managing Director, Large Corporate Clients
4th September 2023
Howden Germany has announced the appointment of Reiner Breeck as Managing Director, Large Corporate Clients. With this hire, the broker looks to continue to drive growth in the large corporate sector and launches a new division to support this strategy. In his rolenew role, Breeck will work with Howden's existing resources to ... Read the full article
Howden names Bozidar Ljubisavljevic Marine Executive Director
30th August 2023
Global insurance group Howden has announced the appointment of Bozidar Ljubisavljevic as Executive Director, Marine, a role based in its Singapore office. Ljubisavljevic has 22 years of industry experience and joined Howden in Dubai in 2019 as Regional Marine Practice Leader for its Turkey, Middle East and Africa region, helping to ... Read the full article
Howden brings together PI, Crime & Cyber Liability into one policy
10th August 2023
Howden, the global insurance group has launched a "blended insurance product" that brings together Professional Indemnity, Crime and Cyber Liability into one policy and under one limit. According to the firm, the product brings a different approach to insurance for financial institutions, offering potential cost savings and improved efficiencies. The product has ... Read the full article
Howden names Robert Green Executive Director, Property
7th August 2023
Global insurance group Howden has appointed Robert Green as Executive Director, Property, effective immediately. According to Howden, the appointment reflects the firm's continued investment in expertise for its Property division, particularly for the benefit of its UK and European clients with large and complex property risks. Green holds over two decades of ... Read the full article
Amit Agarwal appointed as CEO of Howden India
1st August 2023
Global insurance group, Howden, has announced the appointment of Amit Agarwal as the Chief Executive Officer (CEO) of Howden India, effective August 1st. Agarwal takes over from Praveen Vashista, who will now step up to the position of Chairman. Agarwal’s appointment underlines the company’s ambitious growth plans and aspiration to be ... Read the full article
Howden Driving Data announces contract extension with Dutch insurer Unigarant
1st August 2023
The telematics arm of the global insurance group, Howden Driving Data, has announced a five-year contract extension with Unigarant, the insurance company belonging to the Dutch roadside recovery brand, The Royal Dutch Touring Club (ANWB). The partnership between the two companies began in 2016 with the launch of Drive Safe, the ... Read the full article
Howden Switzerland acquires specialist aviation broker Hudson Sky
24th July 2023
Global insurance group Howden has acquired Hudson Sky International, securing its position as a "preeminent broker" in the aviation insurance sector in Switzerland. According to Howden, this acquisition is part of the firm's wider strategy to become a leader in its chosen specialty markets and underlines its continued investment in expertise ... Read the full article
Howden Driving Data appoints Tommy Ahearne as Chief Data Officer
21st July 2023
Global insurance group, Howden, has announced the expansion of its Driving Data technology and data teams with the appointment of Tommy Ahearne as Chief Data Officer. This announcement takes place following the recent launch of Howden Drive, its telematics service that helps to lower motor insurance premiums for customers in the ... Read the full article
Howden announces senior appointments, expands its reach in airline and aerospace sectors
19th July 2023
Global insurance group broker Howden has announced the appointment of Steven Crook as Divisional Director, Head of Claims, Aviation and Wayne Hawkins as Divisional Director, Head of Airlines, Aviation. Both roles are based out of London and they will be reporting to Jason Humphreys, Global Head of Aviation. Crook’s appointment is ... Read the full article
Howden CAP forms partnership with Pernix, employing the efficiency of Structured Credit APIs
7th July 2023
Insurance broker Howden has announced that Pernix Specialty Limited has joined Howden CAP as its latest API (Application Programming Interfaces) partner. This partnership heavily reflects both Howden CAP and Pernix’s commitment to use digital platforms to improve efficiency in the marketplace, as well as provide enhanced solutions for clients and lead ... Read the full article
Cyber reinsurance premiums must triple by 2030 to meet growth expectations
7th July 2023
"Whilst cyber reinsurance premiums are currently in the range of $6 billion, they would need to increase more than three times over in order to fulfil growth expectations by the end of the decade," analysts at international insurance broker Howden suggest. According to the analysts, such high levels of growth would ... Read the full article
Howden acquires Media Insurance Brokers International
6th July 2023
International insurance broker, Howden, has announced that it has acquired Media Insurance Brokers International Limited, a major independent UK and Irish film and television broker. This acquisition significantly enhances Howden’s media and entertainment offering while reflecting the company’s strategy to be the preeminent choice for Sports & Entertainment clients. MIB has been ... Read the full article
Global cyber insurance premiums could exceed $50bn by 2030: Howden
5th July 2023
International insurance broker Howden has suggested that the size of the cyber insurance market could reach $50 billion by 2030, though the realisation of this potential is tied to three key factors: distribution, tail-risk management and attracting capital. "If these challenges can be navigated successfully, the cyber market is on the ... Read the full article
Global Parametrics & One Acre Fund partner with Howden to expand parametric scheme
4th July 2023
Global Parametrics (GP) and One Acre Fund have partnered with international insurance group, Howden, to bolster its parametric protection scheme in Rwanda this year. Howden has provided premium subsidy to support the expansion of this scheme in the country, allowing One Acre Fund to purchase more coverage and extend its assistance ... Read the full article
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