Guy Carpenter
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The rise is equal to 5%-10% of catastrophe capacity purchased, including cat bonds, depending on region. -
The executive joins recent appointees Bronek Masojada and Emmanuel Clarke.
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The broker warned that D&O and P&C policies could also be impacted by the outage.
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The US property catastrophe broker is esteemed among peers.
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The flattish outcome comes after a larger year-on-year hike in January.
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She said potential hurricane activity was just one factor impacting the 2025 outlook.
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Michael Sevi served as general counsel and chief compliance officer at Guy Carpenter.
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Carter said technology is creating more of an imperative to diversify the future insurance workforce.
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Excess capacity rebounded in June 2023 after hitting a decade-low just 12 months earlier.
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The broker was part of a mass resignation from Guy Carpenter last year.
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Richard Chu joins from PartnerRe, where he was head of financial risks for Asia Pacific.
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Ben Savill replaces Jeff Saper, who is moving into a fac role.
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