Howden names Kusche Chairman, HCMA, Europe. Rosenberg turns into Co-Head of World ILS – Artemis.bm

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Howden names Kusche Chairman, HCMA, Europe. Rosenberg turns into Co-Head of World ILS – Artemis.bm

Howden’s capital markets and insurance-linked securities (ILS) specialist unit, Howden Capital Markets & Advisory (HCMA), has introduced that Philipp Kusche, who serves because the agency’s World Head of ILS & Capital Options, will tackle an expanded function as Chairman of HCMA, Europe, with Mitchell Rosenberg changing into Co-Head of World ILS.

HCMA also recently hired Paul Poschmann from Gallagher Re as Vice President, as the firm continues to expand its presence across Europe.

As Chairman of HCMA, Europe, Kusche will present additional assist and each world and native experience throughout the broader HCMA workforce, together with its UK-based workforce.

In his new function, he’ll stay based mostly in New York.

It’s essential to notice, that Europe is a strategic precedence for each reinsurance dealer Howden Re and its capital markets unit HCMA, with ILS being a important part of driving success and progress all through the area.

Howden Capital Markets & Advisory has additionally been constructing share within the disaster bond issuance banking and broking house, with at the moment almost $5.5 billion of the outstanding cat bond market having been worked on by the firm, Artemis’ leaderboard shows.

A famend veteran throughout the ILS sector, Kusche spent over 13 years at reinsurance large Swiss Re, earlier than he joined HCMA in 2016.

He joined the reinsurer in late 2002, taking over the function of Property Underwriter, the place he was based mostly in Zurich, Switzerland.

Then in 2006, he headed the corporate’s ILS and Origination workforce, the place he gained precious experience throughout the ILS market. He would serve on this function till April 2016, earlier than he joined HCMA.

In the meantime, Rosenberg brings over a decade of {industry} experience in direction of his new function.

He has been with HCMA since 2022, the place he has served as a Managing Director.

Earlier than that, he spent slightly below 5 years at Aon Securities, the capital markets and funding banking arm of the insurance coverage and reinsurance dealer, the place he served in various completely different management roles, together with stints as Vice President, Director, and Managing Director.

Rosenberg additionally beforehand labored at Swiss Re too. He joined the reinsurer in 2012 as an Affiliate, earlier than later occurring to change into Assistant Vice President. All through his time on the agency, he was based mostly in New York, and Zurich, Switzerland.

Jarad Madea, CEO of Howden Capital Markets & Advisory, commented: “Congratulations to Philipp on this expanded function, which can see him convey extra assist to our European shoppers whereas persevering with his World ILS focus. I’d additionally wish to congratulate Mitchell on his appointment as we proceed enhancing our ILS franchise. With increasing our ILS management workforce, we’re well-positioned to assist our shoppers and buyers globally.”

Philipp Kusche, addressed his new function: “With ILS more and more essential to shopper discussions, I stay up for supporting our world efforts and our rising actions in Europe. I’m additionally happy to announce Mitchell’s promotion in our rising ILS platform, which can permit us to additional develop and serve our shoppers globally.”

Mitchell Rosenberg, added: “The ILS market continues to current important alternatives for (re)insurers, MGAs, and buyers. I’m honored and excited to work alongside Philipp, a well-recognized {industry} chief, and our excellent world workforce as we ship industry-leading capabilities, worth, and insights to shoppers throughout all areas of the ILS market, together with disaster bonds, sidecars, and broader fundraising initiatives.”

Philipp Kusche will be speaking at our upcoming ILS NYC 2025 conference. Register to attend here.

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