• Strength

    Strength

    Kelvin Re’s diversified business profile is backed by $934m of permanent capital, an A- Rating from A.M Best with a stable outlook, and a well designed risk management program.

  • Partnership

    Partnership

    Kelvin Re offers cedant partners valuable risk transfer opportunities through its diversified business profile and meaningful line size.

  • Experience

    Experience

    Kelvin Re is supported by an experienced team of reinsurance professionals with over 200 years of relevant experience across many disciplines.

Important Update

Vision Values

Kelvin Re is a privately-owned, Guernsey domiciled and regulated reinsurer, writing short tail property and specialty lines reinsurance. The combined strength of our capitalisation, management team and well-designed risk management programme provide a platform for innovative and efficient leadership in the reinsurance industry. 

Kelvin Re aims to provide the most efficient reinsurance coverage to clients by leveraging our unique risk management structure, key partnerships and diversified business profile.

Strong
Capitalisation

Kelvin Re is backed by $1,040m of permanent capital, a truly long-term investment.

Excellent Risk
Management

Kelvin Re is supported by an experienced team of reinsurance specialists and a unique business structure that will reinforce longevity.

Diversified
Business Profile

Kelvin Re holds a diversified business profile within the natural catastrophe reinsurance market.

$0M

Capital

Kelvin Re’s diversified business profile is backed by $1,040m of permanent capital, an A- rating from A.M. Best with a stable outlook, and a well-designed risk management programme.

0%

Expense Ratio

Kelvin Re has achieved an expense ratio of 13.5%, circa seventeen percentage points lower than the industry average of 30.8% (source: Aon Benfield Aggregate 2020).

0

Years Experience

Kelvin Re is supported by a diverse team of insurance professionals with over 200 years' experience in the industry.

Meet our team

Kelvin Re’s experienced management team is supported by the underwriting expertise of Credit Suisse ILS Strategies team and the effective risk management of Aon Guernsey.

John Rowson

John Rowson

Director/Chief Executive Officer

John Rowson

Director/Chief Executive Officer

Prior to joining Kelvin Re, John worked for Royal Sun Alliance (RSA), Hiscox and Aon. At Aon, John worked in Guernsey, Gibraltar and Chicago serving a wide range of clients in various industries including energy, financial services, pharmaceuticals, aviation, retail, engineering and industrial processors. In January 2012, John returned to Guernsey to lead White Rock operations and the local ILS business. During his period at the helm, both the value of assets employed and premium written grew significantly and John successfully led a number of innovations in the ILS space. This included Salam, the first Sharia compliant life securitisation (winner of the Islamic Finance News, European Sukuk of the Year award 2013) and most importantly Kelvin Re Limited, the first ILS sponsored rated reinsurance carrier in the world. John was a founding director (August 2014) of Kelvin Re and became the Company’s first employee in February 2015. With responsibility for all operational and underwriting aspects of the business, John has helped guide the Company to achieving its business plan on schedule. John is a Chartered Insurer and ACII and has been proud to serve his Institute in numerous roles including setting up the first CII regional institute in 20 years. He is currently a member of the Guernsey International Insurance Association, Market Development Committee.

Contact details

T: 01481 200550 / E: john.rowson@kelvinre.gg / LinkedIn

Niklaus Hilti

Niklaus Hilti

Director

Niklaus Hilti

Director

As head of ILS in alternative investments at Credit Suisse AG, Niklaus is responsible for the overall investment management of the ILS funds. Prior to joining Credit Suisse AG, Niklaus was the head of alternative assets at Bank Leu, part of Credit Suisse Group. At Bank Leu, Niklaus was also responsible for the management of insurance linked strategies. Prior to joining Bank Leu, Niklaus was the head non-life actuary at Helvetia Insurance Group, responsible for pricing, reserving and building up a risk modelling and management team. Prior to Helvetia Reinsurance, Niklaus was the head of the natural catastrophe pricing team at Converium Ltd. (then a top ten reinsurer in the world). Niklaus holds a masters degree in Mathematical Physics and Meteorology from the University of Basel, Switzerland. Niklaus also conducted three years of research of climate modelling at the University of Hamburg, Germany.

Contact details

T: 01481 200550 / E: info@kelvinre.gg / LinkedIn

Jeremy Arden

Jeremy Arden

Non-Executive Director

Jeremy Arden

Non-Executive Director

Jeremy Arden started his working life as an Officer in the Royal Navy in 1967. He served for 10 years, travelling the world in warships. He specialised in navigation and became knowledgeable about natural disasters and associated relief efforts. On returning to civilian life, Jeremy spent over 30 years in the reinsurance industry.  He started in facultative reinsurance, and then moved to treaty reinsurance. He has been involved in many aspects of treaty reinsurance, property and casualty, marine, non-marine and aviation, traditional, finite and blended. Product design has been an interest as well as statistical methodologies and catastrophe modelling. Jeremy has been active in seeking reinsurance solutions using capital market securitisations. His efforts have produced business from the US, South America, Bermuda, the Middle East, Australia and Japan. Jeremy retired from Aon in July 2010, having also worked for JH Minet, Sten Re, Alexander Howden. Until December 2013 he served as non-executive director of Ink Underwriting Agencies, a regulated board of the Giles Insurance organisation, where he was Chairman of the Group Security Committee. Jeremy was appointed to the board of Kelvin Re in October 2014 at its inaugural meeting.

Contact details

T: 01481 200550 / E: info@kelvinre.gg

Richard Babbé

Richard Babbé

Non-Executive Director

Richard Babbé

Non-Executive Director

Richard Peter Babbé is an Advocate of the Royal Court of Guernsey. In May 2004, he retired from the firm of Babbé Le Pelley Tostevin having been Managing Partner. He is a Barrister of the Inner Temple, having been called to the English Bar in 1986. He went on to qualify as an Advocate of the Royal Court of Guernsey in 1987. He came to the law by way of a second career having spent 15 years as a civil airline pilot with British Airways flying VC-10, Concorde and Boeing 737 aircraft. While in legal practice, Richard advised in many aspects of the finance industry in Guernsey. He had a special interest in captive insurance projects and sat on the boards of a number of captive insurance companies and PCCs. Since leaving his legal practice at the end of May 2004 he has had time to concentrate on his non-executive positions. The companies include a number of regulated companies including insurance, investment and fiduciary companies. Until recently he was Chairman of the Guernsey Renewable Energy Commission which was set up by the States of Guernsey with a view to the orderly exploitation of renewable energy resources around Guernsey’s territorial seas.

Contact details

T: 01481 200550 / E: info@kelvinre.gg

Guernsey