Guy Carpenter
-
The broker was part of a mass resignation from Guy Carpenter last year.
-
Richard Chu joins from PartnerRe, where he was head of financial risks for Asia Pacific.
-
Ben Savill replaces Jeff Saper, who is moving into a fac role.
-
The challenger broker is continuing to build out its presence on the island.
-
The executive joins the company as it looks to bolster its reinsurance capabilities.
-
Effective immediately, Wolfe will help drive growth strategies across the region. He will also lead Guy Carpenter’s US facultative business alongside Frank Guerriero, chairman of Guy Carpenter Facultative.
-
European rates on line increased by 7.60%, while in the US prices were up 5.25%.
-
Reinsurers are looking to grow in top-layer cat risk, resulting in “variable” outcomes on sign-downs.
-
Ollie Spells joins from Guy Carpenter, where he was a senior producer in the broker’s UK facultative property team.
-
A more consistent trading rhythm returned to the property market, with capacity deployment outside of frequency-exposed layers and more heavily loss-impacted segments bouncing back.
-
The brokers will work in the contingency team headed up by Ian Tomlin.
-
Speakers at the Guy Carpenter Baden-Baden symposium said the industry must improve its prospects as an investment opportunity.
-
The payment represents the largest ever made in a team lift case in the London market.
-
An internal missive, seen by Insurance Insider, also revealed Howden has agreed to a ‘set of demands to make amends’ in the wake of poaching settlement.
-
The two rival brokers have reached an out-of-court settlement over the poaching of 38 Guy Carpenter staff by Howden.
-
Our virtual roundtable polled industry leaders on critical questions for the reinsurance market. Today, we explore how the industry can collaborate on net-zero objectives after insurers exited the Net-Zero Insurance Alliance (NZIA) in droves.
-
Our virtual roundtable polled senior industry figures on the biggest questions facing the reinsurance industry. Today, we look ahead to the influences steering M&A market conditions.
-
Massimo Reina led an exodus of Guy Carpenter’s European staff to Howden Tiger in March, sparking legal action.
-
The reinsurance broker said the losses will fall on the higher end of industry loss ranges.
-
Guy Carpenter has succeeded in bringing Ronda into the suit, while Baotic and Nicosia will not be added.
-
The legal action follows the resignation of 38 of Guy Carpenter’s European staff to join Howden Tiger.
-
Jonathan Powell was previously head of Lloyd’s P&C at CNA, before joining the broker’s non-marine treaty team.
-
Reinsurers are less worried about their property books compared to last year, and eyeing development of casualty loss costs due to social and macroeconomic inflation.
-
Loss-free accounts were generally up 20%-50% at renewal, the reinsurance broker said.
-
The broker used three major cyber models to analyse the drivers of model variability, with revenue coming top as the most prominent driver of loss variability.
-
The broker is in hiring mode following a raid on European staff by Howden Tiger.
-
Three key reports have unearthed issues around capital and lower return period loss figures that may need to be addressed for the cyber market’s maturation, as a pivotal 1 July renewal date approaches.
-
The broker named Matthew McCabe as MD of cyber broking with a brief to tackle complex cyber issues.
-
The Big Three reinsurance brokers face a number of factors that could challenge their supremacy.
-
The structure envisages bringing in philanthropic capital to provide project funding to mitigate disaster risk as part of ILS deals.
-
The executive will report to president and CEO Dean Klisura.
-
Analysis showed a modelled loss range of between $15.6bn and $33.4bn for a 1:200-year global loss event.
-
Re Solution CEO Asaf Grinstein will become CEO of Guy Carpenter Israel.
-
Based in Stamford, Connecticut, the executive will oversee the carrier’s cyber fac and treaty operations reporting to NA CEO Brian Quinn.
-
Lisa Ljunggren has been appointed as head of analytics, Nordics, joining from SiriusPoint
-
The Marsh McLennan reinsurance unit alleges Massimo Reina was working on the move as early as late 2022.
Most Recent
-
AM Best upgrades MS Re financial strength rating to A+
26 April 2024 -
Beazley’s Barnes resigns in latest energy market move
26 April 2024 -
QBE Re rebuilds in A&H with Canopius’s Brigstocke
26 April 2024