Download - Our Mission Re... · Echo Re was founded in 2008 and is a wholly owned subsidiary of DEVK Group. Capital Funds CHF 120 m Assets CHF 367.5 m Solvency Ratio 182% (Swiss Solvency Test)

Transcript
Page 1: Our Mission Re... · Echo Re was founded in 2008 and is a wholly owned subsidiary of DEVK Group. Capital Funds CHF 120 m Assets CHF 367.5 m Solvency Ratio 182% (Swiss Solvency Test)

REINSURANCE WITH A SWISS QUALITY SEAL2020

■ Consistency and stability in underwriting over the years

■ Very experienced underwriting team

■ Ready to adapt to the unique features of local markets

■ Commitment to develop and maintain mutually benefi cial relationships

■ Flexible approach to the needs of our clients

■ Fast decision making process

■ Effi cient claims handling procedures

Chief Underwriting Offi cer Piotr Nowakowski [email protected] +41 44 283 16 28

AFRICAGareth Christopher [email protected](English speaking countries) +41 44 283 16 14

Denis Haenzi [email protected](French speaking countries) +41 44 283 16 18

ASIAPiotr Nowakowski [email protected](Japan) +41 44 283 16 28

Matti Siitonen [email protected](ASEAN) +41 44 283 16 94

Cyril Empeigne (Advisor) [email protected](Indian Subcontinent & Pakistan) +33 67 328 63 27

Michael Brenner [email protected](Greater China & South Korea) +41 44 283 16 93

LATIN AMERICA/CARIBBEAN José Perez [email protected] +41 44 283 16 22

Hugo A. Cardona (Advisor) [email protected] +1 305 281 28 30

MENA Sezi Meriç [email protected] +41 44 283 16 90

Denis Haenzi [email protected] +41 44 283 16 18

SPECIALTY LINES

CYBER, CREDIT & BOND Renate Kerpen [email protected]

+49 221 757 44 14

MARINE, ENERGY Piotr Nowakowski [email protected] +41 44 283 16 28

AGRICULTURE Thomas Heintz [email protected] +41 44 283 16 10

Fabian Düggelin [email protected] +41 44 283 16 27

Youssouf Toukourou [email protected] +41 44 283 16 13

Underwriting Team

Core Values and Strengths

ContactEcho Reinsurance Limited T +41 (0) 44 283 1616Brandschenkestrasse 18-20 F +41 (0) 44 283 16198001 Zurich / Switzerland [email protected] www.echore.com

Our Mission

To be a trusted reinsurance partner, adding value by

■ Identifying needs in unison with our clients

■ Jointly formulating effective solutions

■ Providing streamlined reinsurance services

Page 2: Our Mission Re... · Echo Re was founded in 2008 and is a wholly owned subsidiary of DEVK Group. Capital Funds CHF 120 m Assets CHF 367.5 m Solvency Ratio 182% (Swiss Solvency Test)

Echo Re was founded in 2008 and is a wholly owned subsidiary of DEVK Group.

■ Capital Funds CHF 120 m■ Assets CHF 367.5 m■ Solvency Ratio 182% (Swiss Solvency Test)

DEVK Group, founded in 1886, and headquartered in Cologne, is one of the largest German mutual insurance companies, having consist-ently grown its personal lines portfolio (Household, Motor, L&H).

■ Equity base EUR 2,299.4 m■ Solvency Ratio 267%■ Annual premium EUR 3,624.1 m■ 4.2 m customers with 15.1 m policies■ A+ rating from S&P Global Ratings and Fitch Ratings

Controlled Growth

Key Facts & Figures Portfolio Structure Lines of Business

Broad Presence Diversifi ed Portfolio

GWP, Geographical Split, CHF m

** Mainly from DEVK GroupNo business in USA/Canada

Asia

Germany**

MENA

Latin America/Caribbean

Africa

0 20 40 60 80 100 120

in %Lines of Business

Motor

Property & Engineering

Agriculture

Marine & Energy

Extended Warranty

Non Traditional

Others (GTPL, C&S, Misc.)

0 5 10 15 20 25 30 35

GWP, CHF m

At year-end rate of exchange 2019.

* 2020 fi gure = projection for the full year.

250200150100500

2015 2016 2017 2018 2019 2020*

GWP by Type of Treaty

Pro Rata

XL88%

12%

Echo Re writes treaty business only and has enjoyed steady and continuous growth.