Australia's Honan launches Honan Re in Singapore

The new entity will offer reinsurance solutions to partner insurers.

Australia’s Honan Insurance Group has launched Honan Re, its new reinsurance offering to the broker marketplace.

Based in Singapore and headed by Honan Asia managing director Eliza White, Honan Re will offer facultative reinsurance solutions to the organisation’s insurance partners.

It will be positioned as a dynamic and solutions focused division of Honan Insurance Group and aims to support the organisation’s partners throughout the entire reinsurance cycle.

“We’re very proud of the reinsurance offering as it deepens and broadens the group’s capabilities and further enhances Honan’s reputation as an industry leader,” said Honan executive chairman Damien Honan.