Guy Carpenter
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The broker named Matthew McCabe as MD of cyber broking with a brief to tackle complex cyber issues.
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The Big Three reinsurance brokers face a number of factors that could challenge their supremacy.
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The structure envisages bringing in philanthropic capital to provide project funding to mitigate disaster risk as part of ILS deals.
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The executive will report to president and CEO Dean Klisura.
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Analysis showed a modelled loss range of between $15.6bn and $33.4bn for a 1:200-year global loss event.
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Re Solution CEO Asaf Grinstein will become CEO of Guy Carpenter Israel.
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Based in Stamford, Connecticut, the executive will oversee the carrier’s cyber fac and treaty operations reporting to NA CEO Brian Quinn.
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Lisa Ljunggren has been appointed as head of analytics, Nordics, joining from SiriusPoint
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The Marsh McLennan reinsurance unit alleges Massimo Reina was working on the move as early as late 2022.
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GC’s Steve Housse and AJG’s James Elliott have resigned to join the challenger reinsurance broker.
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The move marks a return to growth in fac for the broker after heavy talent attrition during Aon’s attempted takeover.
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The situation has echoes of the previous legal clash between the brokers over the Bradley Maltese-led defection.
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