Howden Re’s legacy business was formed in 2015. Credit: Vitalii Vodolazskyi/Shutterstock.

Howden Re, the reinsurance division of UK broker Howden Group, has named Shireen Gammoh as managing director (MD) of the legacy and structured reinsurance team.  

Gammoh will assume her new role on 17 July and will be stationed in Bermuda.  

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She latterly worked as the global head of capital advisory and modelling at Gallagher Re. 

Gammoh’s career includes a three-year stint as the head of capital and reinsurance analytics at Flood Re and nearly a decade at Canopius Group as the head of reinsurance analytics.  

Howden Re’s Legacy business has executed transactions ranging from $100m (£78.19m) to $35bn of reserves since its inception in 2015.  

This division also provides insights into legacy specialist reinsurers and their investors via Howden Capital Markets & Advisory. 

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Howden Re managing director and head of legacy & structured Reinsurance Seth Ruff said: “We are thrilled to welcome Shireen to our team. Her experience in capital modelling and innovative approaches to risk and capital management will be invaluable as we continue to expand our legacy business, enhancing our ability to provide end-to-end advisory services for our clients.” 

Earlier this week, Howden expanded its global footprint by entering the Japanese market with the establishment of Howden Re Japan.  

This new venture will deliver reinsurance brokerage services and advice to life and non-life insurers in Japan by leveraging data, analytics and capital markets expertise. 

Kentaro Tada has been named the CEO of Howden Japan.  

Concurrently, Howden made an investment in Keystone, a Japanese company focusing on insurance-linked securities structuring and capital markets advisory services.