Echo Reinsurance

What Echo Reinsurance does

Echo Reinsurance Limited is a Swiss-based treaty reinsurer incorporated in Zurich in 2008 and regulated by FINMA, operating in all reinsurance segments (life and non-life). The company is a wholly-owned subsidiary of DEVK Group, a German mutual insurance group founded in 1886 with 4 million policyholders, 14 million policies, and EUR 4.5 billion in annual premium income, and benefits from DEVK's A+ S&P rating while carrying its own A (Stable) ratings from S&P and Fitch (affirmed July 2025). Echo Re writes treaty reinsurance for ceding insurance companies (cedants) across Property & Casualty and a specialty portfolio that includes Agriculture, Marine & Energy, Engineering, Affinity, Credit/Bond, Cyber, and Extended Warranty.

The business model is bilateral and relationship-based: pricing is determined through individual treaty negotiations grounded in actuarial assessment, risk appetite, and market conditions, with multi-year contracts. Distribution is direct, with regionally-assigned underwriting teams in Zurich covering Asia-Pacific, the Middle East, Africa, Latin America, the Caribbean, and the Indian Sub-Continent; sales are conducted through face-to-face engagement, industry conferences, and direct business development. The technology stack centers on the ACORD ADEPT data exchange platform, integrated in partnership with ACORD and Aon, to enable electronic policy documentation, claims, and bordereaux processing.

The company is governed by a Board chaired by Bernd Zens (DEVK board member) with Fabian Pütz as Chief Executive Officer (since May 2022), Gregor Schulte as CFO/COO, Paul Hertelendy as Chief Underwriting Officer (since March 2022), and Denis Sudakov as Appointed Actuary/CRO/CISO. In March 2026, Echo Re received IFSCA approval to open a branch office in GIFT City IFSC, Gujarat, India, strengthening its decade-plus Indian Sub-Continent presence, accompanied by the addition of regional underwriters and the appointment of a Senior Underwriter for the region in June 2026.

Name

Echo Reinsurance

Legal name

Echo Reinsurance Limited

Website

https://echore.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Echo Reinsurance Limited is a Zurich-based treaty reinsurer, wholly owned by DEVK Group, providing Property & Casualty and specialty line reinsurance (Agriculture, Marine/Energy, Engineering, Cyber, Credit/Bond, Affinity, Extended Warranty) to cedant insurers across emerging markets.

Ownership category

akta.pro rank

Product category

Treaty Reinsurance

NAICS

Reinsurance Carriers (524130)

SIC

Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Commercial Lines P&C Reinsurance (FSAOABAB)

Keywords

• Treaty reinsurance services
• Property casualty reinsurance
• Specialty lines reinsurance
• Reinsurance underwriting solutions
• Life reinsurance coverage

Headquarters

HQ city

Zürich

HQ country

Switzerland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Reinsurance Premiums: Echo Re generates revenue by assuming reinsurance risks from ceding insurers (cedent companies). The company writes treaty reinsurance contracts covering Property & Casualty (P&C) lines and Specialty Lines including Agriculture, Marine/Energy, Engineering, Affinity, Credit/Bond, and Cyber. Premiums are collected based on reinsurance agreements with clients across Asia-Pacific, Middle East, Africa, Latin America and the Caribbean.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Echo Reinsurance Limited is a Zurich-based professional reinsurer that writes treaty reinsurance contracts assuming risk from ceding insurance companies (cedants) across Property & Casualty and Life segments. Its specialty lines include Agriculture, Marine & Energy, Engineering, Affinity, Credit/Bond, Cyber, and Extended Warranty, distributed through dedicated regionally-assigned underwriters covering Asia-Pacific, Middle East, Africa, Latin America, and the Caribbean.

Product overview

Echo Reinsurance Limited is a Swiss-based reinsurer (founded 2008) offering a unified reinsurance platform covering treaty reinsurance across both life and non-life (P&C) segments. The core product portfolio includes P&C treaty reinsurance supplemented by specialty lines: Agriculture, Marine & Energy, Engineering, Affinity, Credit/Bond, Cyber, and Extended Warranty. The company serves clients in Asia-Pacific, Middle East, Africa, Latin America, and Caribbean through its Zurich headquarters, with newly established branch presence in GIFT City, India. All products are delivered through dedicated underwriter teams and expert specialists (actuarial, claims, technical accounting) under a relationship-focused business model built on long-term partnerships.

Differentiator

Problem solved

Functional benefit

Products and services

• Treaty Reinsurance (P&C) Property and Casualty treaty reinsurance providing proportional and non-proportional risk transfer across all P&C lines to cedants in emerging markets including Asia-Pacific, Middle East, Africa, Latin America, and the Caribbean.
• Treaty Reinsurance (Life) Life reinsurance services approved by FINMA, the Swiss financial market supervisory authority, operating across all life reinsurance segments.
• Agriculture Reinsurance Specialty line covering agricultural risks with dedicated underwriters and an Agriculture Actuary team supporting a worldwide agriculture reinsurance portfolio.
• Marine & Energy Reinsurance Specialty line covering marine and energy sector risks, supported by dedicated underwriters with specialized expertise.
• Engineering Reinsurance Specialty line covering engineering risks including technical insurance sector, supported by dedicated underwriters.
• Affinity Reinsurance Specialty line covering affinity group risks, managed by dedicated underwriters.
• Credit/Bond Reinsurance Specialty line covering credit and bond risks.
• Cyber Reinsurance Specialty line covering cyber risks, handled by dedicated underwriters with expertise in cyber and credit/bond.
• Extended Warranty Reinsurance Specialty line covering extended warranty risks for clients across Echo Re's target markets.

Quantifiable outcome

• Echo Re maintains A rating with stable outlook from both S&P and Fitch as of 2025
• +1 more outcomes

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• IFSCA (International Financial Services Centres Authority)coreOthers · 12 March 2026Echo Re received regulatory approval from IFSCA of India on March 12, 2026 to open its reinsurance branch office in GIFT City IFSC. The IFSCA provided exemplary cooperation facilitating a smooth and efficient licensing process as India develops its insurance and reinsurance hub.
• ACORDcoreTechnology or Integration · 25 March 2021Echo Re partnered with ACORD to leverage the ADEPT data exchange platform, enabling seamless exchange of transactions across the ACORD GRLC accounting and settlement workflow. This integration enables electronic processing of policy documentation, claims, and bordereaux with trading partners.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Munich Re: World's largest reinsurer, offering treaty and facultative reinsurance across P&C and specialty lines globally. Echo Re competes against Munich Re's treaty division in emerging markets and shares specialty line offerings (marine, engineering, cyber), but at a much smaller capital scale.
• Swiss Re: Global reinsurance leader with comprehensive treaty and specialty line capabilities across P&C and Life. Echo Re's treaty P&C and specialty lines (Agriculture, Marine, Cyber, Credit/Bond) directly overlap with Swiss Re's portfolio, but Swiss Re has materially larger capital and broader geographic reach.
• Hannover Re: One of the world's largest reinsurers, with deep treaty P&C and specialty lines exposure and similar financial strength ratings. Hannover Re is a direct competitor to Echo Re in treaty reinsurance and specialty lines, though operating at far greater scale.
• SCOR SE: French-listed global reinsurer with P&C and Life treaty capabilities and strong specialty lines presence (notably through SCOR's specialty channels where Echo Re's current CUO Paul Hertelendy previously served as CUO Specialty Lines). Closely comparable in product mix to Echo Re.

Direct peers

• Convex Group: Bermuda-based specialty insurance and reinsurance group founded by industry veterans. Convex provides specialty treaty reinsurance across P&C lines and serves similar mid-to-large cedant clients as Echo Re, with comparable focus on specialty and emerging-markets growth.
• Ariel Re: Bermuda-based specialty reinsurer offering treaty and facultative reinsurance across P&C and specialty lines. Comparable to Echo Re in size and product breadth, with similar focus on specialty risks (marine, energy, cyber) and international cedant relationships.
• Vantage Group Holdings: Bermuda-domiciled specialty reinsurer writing treaty and facultative reinsurance across P&C and specialty lines. Direct peer to Echo Re with comparable scale, specialty focus, and emerging-markets underwriting appetite.
• Aspen Insurance Holdings: Specialty insurance and reinsurance group offering treaty and facultative coverage across P&C and specialty lines globally. Aspen's reinsurance division competes with Echo Re across property, marine, energy, and other specialty lines for cedant relationships.
• SiriusPoint Ltd. Bermuda-based specialty insurance and reinsurance company with P&C treaty capabilities. Comparable to Echo Re in scale and specialty focus, with overlap across property, marine, and credit/surety lines.
• RenaissanceRe Holdings: Bermuda-based specialty reinsurer with deep expertise in property catastrophe and specialty lines. Competes with Echo Re in treaty P&C and specialty reinsurance, with greater scale and catastrophe modeling capabilities.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/echo-reinsurance-limited

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Echo Reinsurance