Reinsurance News
Howden
Howden is one of the largest insurance and reinsurance intermediary or broker groups in the world. Acting on behalf of its clients, Howden’s teams design and place complex insurance and reinsurance products, while securing risk capital from industry participants.
Read our Howden insurance and reinsurance news below.
Howden agrees to acquire captive manager specialist ARM
15th February 2024
Global re/insurance broker Howden has entered the captive management market as it has agreed to acquire ARM Group Holdings Limited (ARM), the parent of Alternative Risk Management. ARM is one of the largest independent insurance managers in Europe and a specialist in the formation and management of insurance captives. According to the ... Read the full article
Howden sees organic growth of 13% as FY23 revenue hits £2.4bn
6th February 2024
Global re/insurance broker, Howden Group Holdings, has announced organic growth of 13%, and a 33% rise in revenue to £2.44 billion for the year ended September 30, 2023. Organic growth of 13% is lower than the previous year of 19%, while revenue increased from the £1.84 billion reported for 2022, as ... Read the full article
Howden names David Shalders as Group COO
5th February 2024
David Shalders is set to join global insurance and reinsurance broking group Howden as its new Chief Operating Officer (COO) once his contractual obligations to his current employer have been discharged. Shalders will join Howden as an executive member of the Howden Group Board and will also join the Global Leadership ... Read the full article
Howden expands risk management capabilities with AHR Consultants acquisition
30th January 2024
In a move to further strengthen its risk management capabilities in the UK, Howden has acquired AHR Consultants, a provider of human relations (HR), employment law, training and health & safety services. The AHR Consultants team provides a range of HR support and consultancy solutions for businesses, including legally compliant employment ... Read the full article
Mike Baker named Chief Client Officer of Howden Asia
29th January 2024
Howden, the global insurance group, has named Mike Baker as the Chief Client Officer of Howden Asia, with immediate effect, based in Singapore and reporting to Goh Chye Huat, Chief Executive Officer, Howden Asia. Baker’s remit in the new role is to further develop Howden's large client proposition in the region, ... Read the full article
Howden unveils carbon capture and storage insurance facility led by SCOR’s Lloyd’s syndicate
29th January 2024
Global insurance broker Howden's carbon capture and storage insurance facility aims to unlock crucial investment to support the global transition to net zero and is the second innovative solution from the firm designed to support the growth of the carbon market. This first-of-its-kind insurance facility provides cover for the sudden or ... Read the full article
Howden strengthens Cyber leadership team with new hires
26th January 2024
Global insurance group Howden, has added two new hires to its Cyber team, Kristoffer Haleen as Head of Cyber, Northern Europe and Manuel Perez Martín de la Hinojosa as Head of Cyber, Southern Europe and LATAM. Based in Sweden, Haleen joins Howden from WTW, where he served for close to nine ... Read the full article
Howden expands UK network with acquisition of Laurie Ross
23rd January 2024
In a strategic move to expand its presence in the UK, Howden, the global insurance group, has successfully acquired Laurie Ross, a prominent personal and commercial lines broker based in Scotland. The announcement was made as part of Howden's ongoing commitment to growth and the strengthening of its high street presence ... Read the full article
Ramírez named new Head of Reinsurance broking & OM Business at Hispania: Inese
18th January 2024
Howden Reinsurance Broker's Head of Iberia, Alex Ramírez has left the organisation and joined Hispania (Grupo Concentra) as Head of Reinsurance & OM Business, as first reported by Spanish publication Inese. The Concentra Group is a member of the WBN (Worldwide Broker Network), the largest network of independent brokers in the ... Read the full article
Alfred Sham named interim CEO, Howden Hong Kong
10th January 2024
Global insurance group Howden, has announced that Alfred Sham has stepped up to the position of interim CEO, Hong Kong, as Mark Johnson will be stepping down from the role. Howden has confirmed that Johnson will remain with the firm to ensure an orderly transition until the spring, when he leaves ... Read the full article
Howden expands presence in Norway with acquisition of Arctic Insurance AS
4th January 2024
Howden, the global insurance group, has strengthened its presence in Norway with the acquisition of Arctic Insurance AS, a fast-growing Norwegian insurance broker. The move is part of Howden's strategy to enhance its footprint in the Nordic region by investing in local expertise and delivering global capabilities to clients in regional ... Read the full article
Howden reports adequate capacity and discipline at casualty reinsurance renewals
3rd January 2024
In the lead up to the 1.1 2024 casualty reinsurance renewals, numerous reinsurers called for wholesale action to tackle economic and social inflation, but according to broker Howden, "outcomes ultimately reflected more discerning underwriting informed by loss experience, underlying rate change and prior-year development across individual portfolios." Throughout much of 2023, ... Read the full article
Dedicated reinsurance capital recovered to “near-record” levels: Howden’s Flandro
2nd January 2024
David Flandro, Head of Industry Analysis and Strategic Advisory, Howden Tiger, has observed that dedicated reinsurance capital has recovered to near-record levels, enticed by generationally strong pricing and favourable terms and conditions in key lines of business. "This, combined with a rapid recovery in traditional balance sheets has meant there was ... Read the full article
More favourable supply drives stable reinsurance renewals at Jan 1: Howden
2nd January 2024
An increase in the supply of reinsurance at the January 1st, 2024, renewals, led to a relatively stable and orderly renewal with risk-adjusted pricing witnessing flat changes overall, as global risk-adjusted property catastrophe rates-on-line rose by an average of 3%, reports broker Howden. Since the January 2023 renewals, market conditions have ... Read the full article
Howden expands in the Netherlands through acquisition of VLC & Partners
19th December 2023
Global insurance group, Howden, has announced the acquisition of VLC & Partners Holding B.V. (VLC), one of the largest independent insurance brokers operating in the Netherlands. Once completed, the acquisition will help enable Howden to scale its existing operations in the strategically important Dutch market, which is hailed as being ... Read the full article
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