Insight and Intelligence on the London & International Insurance Markets

9 February 2012

Guy Carpenter plays catch-up with $150mn Collins swoop

10 March 2009

Had Aon not bought Benfield last year and put it beyond reach in the global ranking stakes, Guy Carpenter's swoop for privately-owned John B. Collins Associates (Collins) would have made it the largest reinsurance broker in the world, as measured by 2007 brokerage revenues (see table).

Sources have suggested to The Insurance Insider that the MMC group's reinsurance broker paid between $150mn and $200mn to take out its US-based rival - which produced 2007 revenues of $70mn and handled premium...

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