By Robert McNamara
Research Manager, SBJBC
Summary
Howden, a global insurance intermediary group and member of SBJBC UK, has just launched a reinsurance business in the Kingdom of Saudi Arabia, in what will become a multi-million pound investment. Saudi Arabia represents a brand-new market for Howden, as the company continues to expand its global footprint to 56 countries with 22,000 employees worldwide.
The London-based firm received regulatory approval on 25 June 2025 to establish Howden Re, in the Kingdom of Saudi Arabia (KSA), marking a significant expansion of renowned British insurance expertise into the Gulf region through Howden’s establishment. The new operation will be led by Motaz Bukhari, who has been appointed Chief Executive Officer of Howden Re KSA.
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