Howden Capital Markets & Advisory (HCMA), the capital markets and insurance-linked securities (ILS) specialist unit of broking group Howden, has launched a German entity in response to growing demand from European insurers and reinsurers for capital markets solutions and strategic transactions.
Howden Capital Markets & Advisory (EU) GmbH now has the license to operate as an investment firm by the German Federal Financial Supervisory Authority (BaFin), reinforcing the broker’s ability to bring together local execution with global sector expertise.
According to Howden, insurers and reinsurers across Europe are increasingly seeking advice beyond traditional forms of risk transfer, with activity across ILS, capital raising, and M&A deepening in the region. The broker has witnessed a rise in the use of both capital markets solutions and strategic transactions to manage balance sheet volatility, optimise capital under Solvency II, and access alternative sources of capacity.
“HCMA has established itself as a leading independent advisor to the global P&C insurance market. Continental Europe represents a significant opportunity for capital advisory globally, with increasing deal activity and growing investor interest in the sector. Our model—combining deep sector expertise with full integration across Howden Re—positions us to deliver differentiated outcomes for clients across the region,” said Jarad Madea, CEO, Howden Capital Markets & Advisory.
The launch of a new regulated entity in Germany underscores the broker’s long-term commitment to the region as the firm aims to work closer with clients and improve its execution capabilities.
“The launch of Howden Capital Markets & Advisory’s German entity is the next milestone in Howden Re’s ongoing growth and investment in Continental Europe. Strengthening capabilities in the region underlines our sustained commitment to European clients and ambition to scale our capital advisory offering globally,” commented Alexander Roth, Managing Director and Head of Capital & Operational Solutions, Howden Re.
Philipp Kusche, Chairman of HCMA Europe and Global Co-Head of ILS, added, “Continental Europe is seeing a structural shift in how insurers and reinsurers access and manage capital. Demand for capital markets solutions, from hybrid capital, strategic transactions through insurance-linked securities, is increasing.
“This expansion allows us to combine our global expertise of HCMA with a strong local presence.”
