Howden Re expands presence in Germany

Howden Re has appointed Carsten Thienel as head of Treaty Reinsurance, Germany. Thienel, whose appointment is effective from 1 August, will establish Howden Re’s operations in the country, via a new office in Hamburg, enabling it to better service German and international reinsurance buyers.

With over 30 years of experience in international reinsurance, Thienel has held senior roles at Guy Carpenter, where he was managing director, Treaty, Asia, and a partner in the UK and Europe, where he was responsible for key client relationships.

In addition, he has held the role of CEO of Reinsurance, Asia Pacific at Ed Broking, and various senior positions in Europe at Hannover Re.

Reporting to Marenco Scholz, managing director and Head of Howden Re Europe, Thienel will be responsible for building on Howden Re’s Facultative and Captive reinsurance business by establishing a presence on the ground in Germany, with a particular focus on developing Treaty, Retro and Specialty Reinsurance solutions capabilities.

Bradley Maltese, CEO, Howden Re, commented: “Following our agreement to acquire TigerRisk Partners, we will become the global leader in Facultative, Capital Markets, MGA, Analytics and Specialty Treaty and the pre-eminent reinsurance and capital markets provider for reinsurance buyers.

”We are now eager to grow our presence in the DACH region, and Carsten is a natural fit due to his extensive experience in both the German and wider international markets.”