Guy Carpenter

She said potential hurricane activity was just one factor impacting the 2025 outlook.

Michael Sevi served as general counsel and chief compliance officer at Guy Carpenter.

Carter said technology is creating more of an imperative to diversify the future insurance workforce.

Excess capacity rebounded in June 2023 after hitting a decade-low just 12 months earlier.

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.