Echo Reinsurance
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.
- Company typePrivate
- Founded2008
- HeadquartersZürich, Switzerland
- Headcount11–50
- GTM typeB2B
- OfferingServices
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.
Echo Reinsurance firmographics
Firmographics- 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
Echo Reinsurance industry classification
Industry- 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
Where Echo Reinsurance is headquartered
LocationHeadquarters
- HQ city
- Zürich
- HQ country
- Switzerland
- HQ region
- Europe
Offices2 records
Markets served
Echo Reinsurance business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- 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
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Treaty Reinsurance - Customized Risk Transfer Solutions |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Echo Reinsurance product offering
Product offeringCore 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
Companies that use Echo Reinsurance
Customer profileSegments2 records
Ideal customer profiles1 record
Echo Reinsurance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature1 record
Echo Reinsurance partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- IFSCA (International Financial Services Centres Authority)coreEcho 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.
- ACORDcoreEcho 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
Echo Reinsurance competitors and assessment
Company assessmentBroad 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
Echo Reinsurance social profiles
Digital presenceEcho Reinsurance compliance and trust
Trust signalCompliance7 records
Echo Reinsurance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Echo Reinsurance leadership team
Management profileNumber of profiles
Profiles15 records
Echo Reinsurance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Echo Reinsurance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Echo Reinsurance
What does Echo Reinsurance do?
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.
Is Echo Reinsurance a public or private company?
Echo Reinsurance is a private company. It is classified as corporate owned and is currently operating.
When was Echo Reinsurance founded?
Echo Reinsurance was founded in 2008. It employs 11 to 50 people.
Where is Echo Reinsurance based?
Echo Reinsurance is headquartered in Zürich, Switzerland, in the Europe region.
How does Echo Reinsurance make money?
One revenue line is on record: reinsurance Premiums.
Who are Echo Reinsurance's main competitors?
Broad incumbents on record are Munich Re, Swiss Re, Hannover Re and SCOR SE. Direct peers are Convex Group, Ariel Re, Vantage Group Holdings, Aspen Insurance Holdings, SiriusPoint Ltd. and RenaissanceRe Holdings.
Does Echo Reinsurance have an API?
No public API is recorded for Echo Reinsurance.
What industry is Echo Reinsurance in?
Echo Reinsurance's product category is Treaty Reinsurance. Its primary akta.pro industry code is FSAOABAB, Commercial Lines P&C Reinsurance. Its NAICS code is 524130 and its SIC code is 6331.