Menu

Reinsurance News

Howden

Howden Specialty hires Surya Wijaya as Divisional Director

6th May 2021

Howden Specialty has appointed Surya Wijaya as Divisional Director to its growing Natural Resources division in Asia Pacific. Wijaya will be based in Singapore and report to Matt Savitt, Head of Natural Resources, Asia Pacific. He brings years of industry experience, having held roles at Aon, JLT and Marsh JLT Specialty over ... Read the full article

Shift towards asset-light economy is transformative, says Flandro

22nd April 2021

The shift towards an asset-light global economy has been described as transformative by HX Analytics managing director David Flandro, in a Howden report that highlights the rise of intangibles and the subsequent challenges this brings to re/insurers. “Intangible - and largely uninsured - exposures are becoming more substantive. The rise of ... Read the full article

Howden expands in Spain with ARTAI takeover

21st April 2021

International insurance broker Howden has announced the acquisition of ARTAI, an independent corporate broker based in Spain. The acquisition will expand Howden’s presence across Spain, Portugal and Morocco, where ARTAI maintains a workforce of 600 employees across 30 offices, and manages more than €350 million in premiums. ARTAI was founded 28 years ... Read the full article

Howden hires Felix Jenny to lead Swiss operation

20th April 2021

Insurance broker Howden has appointed Felix Jenny to lead its new retail operation in Switzerland, following last years acquisition of IRIA, the Geneva-headquartered specialist political risk and credit insurance broker. Howden Switzerland will form an important part of Howden’s European business, delivering local market expertise to the Group’s multinational client base ... Read the full article

Howden TMEA hires Serge Calfa as Regional head

9th March 2021

Howden TMEA, part of the Hyperion Insurance Group, has announced the appointment of Serge Calfa as Regional head of treaty for accident/life and health reinsurance treaty business. Calfa’s appointment complements the expansion of its regional reinsurance TMEA team. He has over 20 years of experience as an insurance and reinsurance professional in ... Read the full article

Howden adds Chris Davies to co-lead financial, risk advisers division

2nd March 2021

Insurance broker Howden has appointed Chris Davies to co-lead its financial and risk advisers division alongside executive director, Iain Middle. It’s hoped Davies’ appointment as executive director will strengthen the team’s leadership while adding specialist expertise and extensive first-hand experience of the issues clients are facing in the financial advisory market. He ... Read the full article

Howden to rebrand recently-acquired South African broker

8th February 2021

Insurance broker Howden has announced the rebranding of the recently-acquired Matrix group, a set of companies acquired in April 2020. Under the new Howden name, the group will continue to provide bespoke treaty, facultative, structured reinsurance alongside other value-added services to its clients. “We are incredibly excited about the future possibilities that collectively ... Read the full article

Howden hires Andrew Harrison-Sleap as Executive Director

4th February 2021

International insurance broker Howden has appointed Andrew Harrison-Sleap as Executive Director and Global Deputy Head of Construction. He joins from McGill & Partners, where he served as Partner in the Professional Indemnity practice and will report to newly appointed Naresh Dade to lead the practice group. He will be based in ... Read the full article

Howden records organic growth of 6% in 2020

27th January 2021

International insurance broker Howden has recorded revenue of £777 million in 2020, representing an increase of 7% compared with the previous year, or 6% on an organic growth basis. Howden attributed the growth to strong performance across all of its business units, despite the “extraordinary market conditions” that the industry faced ... Read the full article

Howden Group’s HX partners with expert.ai

14th January 2021

HX, the data and analytics division of Howden Group, has announced a partnership with expert.ai to augment its data analytics services. Expert.ai's underwriting is aligned with HX’s aim to help insurers, re-insurers, corporates and brokers maximise their resources through its data insights. The platform works by automating the reading and analysis of ... Read the full article

Howden to launch Australian broking operation

14th January 2021

International insurance broker Howden is entering a strategic partnership with insurance intermediary network Steadfast that will see the creation of an Australian broking operation. The partnership will also look to support Steadfast’s London Market broking requirements. Meanwhile, Howden in Australia will join Steadfast’s network - the country's largest general insurance platform - in ... Read the full article

Howden Group invests $84mn to support reinsurance MGA Tamesis DUAL

13th January 2021

International brokerage Howden Group Holdings has completed its first underwriting capital investment, with an $84 million investment in support of DUAL Group's reinsurance arm, Tamesis DUAL Ltd. Capital was provided by Howden and a third party investor and the additional capacity has been in place since the start of January. DUAL, which ... Read the full article

Overall cat bond offerings at 1/1 continued to attract significant capital: GC

11th January 2021

Guy Carpenter analysts have reported that overall catastrophe bond offerings during the recent Janurary renewals continued to attract significant capital, while syndicated sidecar and collateralised reinsurance strategies experienced limited new inflows of capital. January 1 allocations were said to have been complicated by Covid-driven year-end loss reserve “buffering” and a high ... Read the full article

Analysts see potential for more notable rate rises at upcoming reinsurance renewals

8th January 2021

While risk-adjusted pricing gains in the mid-single-digits at the Jan 1st, 2021 reinsurance renewals fell below expectations, analysts at Morgan Stanley feel it's likely that "more pronounced" rate rises will come to fruition at the April and mid-year renewals. As the COVID-19 pandemic compounded losses for reinsurers in 2020, the industry's ... Read the full article

Jan 1 renewals yield sharpest price changes in recent memory: Howden

5th January 2021

International insurance broker Howden has reported that a multitude of factors coalesced at the January 1, 2021 renewals to drive “the sharpest price changes in recent memory.” According to Howden, lower investment yields, higher loss cost trends, another above-average loss year, concerns over climate change and general risk aversion were among ... Read the full article

Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.

  • Only email is mandatory, but the more you tell us about yourself the better we can serve you in future!
  • This field is for validation purposes and should be left unchanged.