Haakon AG becomes Howden Re Switzerland

Global insurance and reinsurance broking group Howden has welcomed Haakon AG into its collective power under the name Howden Re Switzerland.

Haakon AG, a specialised international reinsurance broker headquartered in Switzerland, was acquired by Howden in December 2023. This marks the final step in its transition to the Howden brand.

Ivo Gugolz, CEO Reinsurance, Howden Switzerland, said, “Over the past four decades, Haakon has built an exceptional reputation for delivering treaty, facultative, and complex reinsurance solutions to clients across Switzerland, Europe, Asia and the Middle East. Now, Haakon’s extensive expertise, combined with Howden’s global reach, allows us to create a powerful synergy to better serve our clients.”

Over the past year, the integration of the two teams has allowed Howden to deliver more comprehensive, innovative, and long-term solutions to clients.

Thomas Meier, Co-CEO Howden Re Switzerland and former CEO Haakon, added, “This evolution is a logical step in fully leveraging the strengths of the Howden Group to deliver even greater value to our clients. Together, we are creating the largest reinsurance broking team in Switzerland, reinforcing our commitment to excellence and innovation. This is an exciting chapter for all of us, and we look forward to continuing our trusted collaboration.”

With offices in Basel and Zurich, Howden Re Switzerland remains dedicated to supporting Swiss clients while continuing to serve its Asian clients through its Malaysia office, backed by expertise from Singapore.

Massimo Reina, CEO International, Howden Re, commented, “The success of Howden’s European growth has been predicated on attracting highly talented local, like-minded, independent broking specialists with leading reputations for delivering the very best client solutions. We have found the ideal partner in Haakon, to achieve our reinsurance ambitions in Switzerland as well as strengthening our position as one of the leading reinsurance brokers in Europe.”

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