Howden reinsurance arm rebrands
The Howden Tiger reinsurance business has been renamed as part of group changes to bring broking operations under a global banner.
The reinsurance broking business, now rebranded as Howden Re, was known as TigerRisk Partners before it was acquired by London-based Howden in January last year. CEO David Howden says reinsurance has put “the final pillar of the group’s architecture in place".
Howden Tiger was the fastest-growing reinsurance intermediary last year, with 25% organic growth, the company says. Gross written premium hit $US14.5 billion ($22.1 billion), with the division doubling its geographical and office presence. It has a team of nearly 900 people across 30 countries.
“The business will continue to deliver for clients under the Howden Re name as part of a single Howden identity,” Mr Howden said.
The company last year said it would unify its structure under a single, aligned global executive, with insurance broking, reinsurance broking and underwriting reporting directly to Mr Howden.