Howden has announced its entry into the Japanese market for the first time, launching Howden Re Japan and an ILS partnership with Keystone ILS Capital.
Howden has also announced the appointment of Kentaro Tada as CEO of Howden Japan. Howden Re Japan will provide reinsurance brokerage services to life and non-life companies as well as strategic advice leveraging data, analytics, and capital markets expertise in the Japanese market.
Kentaro Tada (pictured) commented: “This is the first step on a journey to establish Howden’s long-term presence in Japan. As a company, Howden is dedicated to improving disaster resilience and corporate sustainability, and Japan, as a country that faces significant risks from large-scale natural disasters such as earthquakes and typhoons, can benefit greatly from the specialist global expertise we bring."
David Howden, CEO, Howden added: “It is a hugely exciting moment for us as we enter the Japanese market, bringing a fresh, dynamic and entrepreneurial mindset underpinned by an employee ownership model that means we’re driven to achieve more, collaborating across borders and specialisms to deliver for clients. This approach to client service and a commitment to long-term business relationships means we have many shared values with Japan’s corporate culture."
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