• Strength

    Strength

    Kelvin Re’s diversified business profile is backed by $989m 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.

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 $989m 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 $989m 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 20.6%, circa twelve percentage points lower than the industry average of 32.4% (source: Aon Benfield 2017 Aggregate).

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. In January 2012, John returned to Guernsey to lead White Rock operations and the local ILS business. John increased both the value of assets employed and premium written significantly and successfully led a number of innovations in the ILS space. These included Salam, the first Sharia-compliant life securitisation and, most importantly, Kelvin Re Limited - the first ILS - sponsored rated reinsurance carrier. John was a founding director (August 2014) of Kelvin Re and became the company’s first employee (February 2015). 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’s market development committee, which focuses on creating a leading domicile for (re)insurance.

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

Xavier John

Xavier John

Chief Risk Officer

Xavier John

Chief Risk Officer

Xavier is a Fellow of the Institute of Actuaries and has over 13 years' experience. He recently joined Kelvin Re as Chief Actuary in October 2016 and was promoted to Chief Risk Officer in September 2017. Prior to this, Xavier has worked as a Senior Actuary at Hiscox, Amlin and Liberty. He has led Solvency II projects and reinsurance optimisation strategies.

Contact details

T: 01481 200560 / E: xavier.john@kelvinre.gg / LinkedIn

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

Paul Sykes

Paul Sykes

Director

Paul Sykes

Director

Paul is responsible for Aon’s Captive & Insurance Company management operations in Guernsey. Paul’s technical experience includes numerous insurance and reinsurance company start-ups and directorships of the boards of life and general insurance captive and open market, insurance and reinsurance companies. He has corporate governance and insurance programme design expertise, as well as having experience of innovative use of protected and incorporated cell companies. Paul trained in underwriting and claims with Royal Insurance before joining Aon in 1993. He became head of the White Rock Group of Protected Cell Companies in 2003 and relocated to Gibraltar in 2006 to lead Aon’s operations in Gibraltar and Malta, returning to Guernsey in 2010. He is a former Chairman of the Guernsey International Insurance Association and was previously chairman of the Gibraltar Insurance Association in 2010. Paul is a graduate of the University of York and holds a Masters degree in Corporate Governance. His professional qualifications include: Chartered Insurer, Fellow of the CII and Chartered Company Secretary.

Contact details

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

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