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 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
Rowan Douglas appointed Howden Climate Risk & Resilience CEO
27th June 2023
Global insurance group Howden has announced the appointment of Rowan Douglas as Chief Executive Officer (CEO), Climate Risk and Resilience. Based in London, Douglas will continue to build an expert, full spectrum function to support the group worldwide, embedding climate and resilience across its specialities and regions. Charlie Langdale will step up ... Read the full article
Howden expands European footprint with acquisition of two Swiss brokers
21st June 2023
International insurance broker Howden has expanded its footprint its Switzerland following its acquisition of insurance brokers argenius Risk Experts AG (argenius) and RVA Versicherungsbroker AG (RVA). Born Consulting AG, which has been part of Howden Switzerland since 2022, is acquiring RVA. argenius and RVA are both well known Swiss insurance ... Read the full article
Howden acquires German marine broker Northern Lloyd
16th June 2023
International insurance broker Howden has acquired Bremen-based broker Northern Lloyd, one of the leading marine brokers in Northern Germany. The acquisition of Northern Lloyd reinforces Howden’s strategy to become the market leader for marine business in Germany, the broker stated. According to the announcement, by constructing a team with local, specialist expertise, ... Read the full article
100+ underwriters help UNDP insure FSO Safer operation
12th June 2023
More than 100 underwriters have been involved in the successful binding of insurance coverage for the FSO Safer operation, enabling the United Nations (UN) to proceed with an emergency ship-to-ship transfer to avert an oil spill that would amount to one of the world’s largest man-made environmental disasters in history. Led ... Read the full article
Howden announces UK launch of Telematics Data Services
31st May 2023
International insurance broker Howden, has announced the launch of its Telematics App & Data Beacon ‘Howden Drive’ in the UK insurance market to help lower motor insurance premiums for customers. Howden Drive will also help to optimise loss ratios for brokers and insurers, as well as to improve road safety. Its ... Read the full article
Howden CAP bolsters surety division with three banking hires
18th May 2023
Insurance broker Howden has made three new senior hires to its CAP’s Surety division, with the addition of Kevin Barrett, Patrick Shields, and Warren Withfield, each based in London. These new appointments demonstrate Howden CAP’s ongoing strategy to recruit specialist talent from beyond the insurance industry, enabling the firm to build ... Read the full article
Morwenna Howell appointed MD of Howden Multinational Client Practice
5th May 2023
International insurance broker, Howden has announced the appointment of Morwenna Howell as Managing Director and Global Practice Leader, Howden Multinational Client Practice. Howell will be joining Howden from Marsh, where she has worked for the past 22 years, and currently holds the position of Managing Director and Global Service Leader in ... Read the full article
Howden names Karl-Heinz Holz new CEO for Germany
25th April 2023
International insurance broker Howden has appointed Karl-Heinz Holz as new CEO of Howden Deutschland AG, taking over from Luigi Sturani, CEO of Europe, who has served as interim CEO of Germany in recent months. In the new role, Holz will focus on further strengthening customer satisfaction and integrating the comprehensive service ... Read the full article
Howden launches Marine & Energy business in Norway with WTW’s Frode Lund
13th April 2023
International insurance broker Howden has announced the launch of its Marine & Energy business in Norway, which is set to be led by WTW’s Frode Lund, who will assume the position from August 1, 2023. The new initiative is set to drive footprint for Howden within the region, and also represents ... Read the full article
M&A boom continues amid economic uncertainty: Howden
13th April 2023
Howden M&A, the international M&A insurance broker, has reported that the “boom” in merger and acquisitions (M&A) activity continues to play out as deal makers look to take advantage of the uncertain economic environment. The broker’s M&A Insurance Claims Report analyses some of the key trends across the UK and Europe, ... Read the full article
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