Reinsurance News
Guy Carpenter news
News on Guy Carpenter, one of the world’s leading reinsurance brokers and part of the Marsh & McLennan group of companies.
News on Guy Carpenter’s activities in reinsurance and insurance-linked securities markets, as a broker, originator, adviser and structurer of reinsurance risk transfer transactions.
Guy Carpenter strengthens its cyber team with various senior appointments
13th June 2023
Guy Carpenter, the global risk and reinsurance specialist and a business of Marsh McLennan, has announced the expansion of its Cyber team with a series of appointments and promotions. Matthew McCabe has been appointed as the Managing Director of Cyber Broking, based in New York. McCabe’s remits go beyond reinsurance structure ... Read the full article
Guy Carpenter confirms Warwick’s hire as Head of GC Access Asia Pacific
9th June 2023
Reinsurance broker Guy Carpenter has confirmed Steve Warwick's hire as Head of GC Access Asia Pacific. We previously reported Warwick's appointment earlier this month. GC Access is the firm's MGA Solutions Specialty Practice, working with expertise, analytical capabilities, global reach and a broad network of re/insurance relationships to efficiently match MGAs ... Read the full article
Climate Resilient Development Bond proposed by Guy Carpenter
8th June 2023
Guy Carpenter, in collaboration with Dr Franziska Arnold-Dwyer from Queen Mary University of London, has announced the proposal of a Climate Resilient Development Bond (CRD Bond), a new re/insurance structure designed to address climate risk at scale. In a recently published briefing document, the reinsurance broker outlines a CRD Bond structure, ... Read the full article
Guy Carpenter hires former SCOR CEO Rousseau as CEO EMEA and Global Capital Solutions
7th June 2023
Reinsurance broker Guy Carpenter has announced a senior hire this morning, taking former SCOR CEO Laurent Rousseau to fill a newly created position of Guy Carpenter CEO of EMEA and Global Capital Solutions. Laurent Rousseau will join Guy Carpenter on September 4th and report to Dean Klisura, Guy Carpenter President and ... Read the full article
Steve Warwick joins Guy Carpenter as Managing Director
1st June 2023
Steve Warwick joined as Managing Director, GC Access Asia Pacific at reinsurance broker Guy Carpenter. GC Access is Guy Carpenter's MGA Solutions Specialty Practice, working with expertise, analytical capabilities, global reach and an expansive network of insurer and reinsurer relationships to efficiently match MGAs and carriers. Warwick is an experienced Chief Executive ... Read the full article
Guy Carpenter analysis shows modelled 1:200-year global cyber industry loss at $33.4bn
1st June 2023
According to Guy Carpenter, the US-domiciled cyber market currently stands at approximately $9 billion, with the non-US market totalling approximately $5 billion. Guy Carpenter has released a new report on the cyber re/insurance market focused on the examination of the evolution of cyber as a core line of business. Along with ... Read the full article
Guy Carpenter acquiring Israel reinsurance broker Re Solutions
30th May 2023
Guy Carpenter, the reinsurance broking arm of Marsh McLennan, is set to acquire the leading independent operator in its field in Israel, a brokerage named Re Solutions. Re Solutions was founded in 2010 and has been Guy Carpenter’s correspondent broker in Israel since 2011, meaning this acquisition builds on a strong ... Read the full article
Guy Carpenter makes multiple senior appointments for Europe
22nd May 2023
Guy Carpenter, a global risk and reinsurance specialist and a subsidiary of Marsh McLennan, has announced the appointment of Anders Nises as CEO of the Nordics region. At the same time, Guy Carpenter has also announced the appointment of Lisa Ljunggren as Head of Analytics, Nordics, effective June 2023. The company ... Read the full article
Guy Carpenter’s Jaimie Hunter joins Lockton Re as Senior Broker in new Stamford location
2nd May 2023
Lockton Re, the reinsurance division of insurance broker Lockton has appointed Jaimie Hunter as a Senior Broker, where she will be based in the company's new Stamford, Connecticut location. In this new role, Hunter will support client development, with a particular focus across Lockton Re’s Casualty business in North America on ... Read the full article
Guy Carpenter’s underlying revenue up 10% in Q1 as MMC gets off to a strong start
20th April 2023
Global re/insurance broker Marsh McLennan (MMC) has today reported consolidated revenue across its operations of $5.9 billion for the first quarter of 2023, a rise of 9% on an underlying basis, supported by growth at its reinsurance broking arm, Guy Carpenter. Group-wide, revenue increased from the $5.6 billion reported a year ... Read the full article
Guy Carpenter India names Sheetal Munot as EVP, Treaty Reinsurance
6th April 2023
Sheetal Munot has been promoted to the role of Executive Vice President, Treaty Reinsurance at Guy Carpenter India. Munot is an insurance market veteran with over a decade’s worth of experience at Marsh India. In her new role as the Executive Vice President, she will be in charge of client servicing along ... Read the full article
Swiss Re & ICEYE provide parametric flood cover for NYC neighborhoods
7th March 2023
Guy Carpenter, Swiss Re Corporate Solutions, and ICEYE are set to provide technical assistance to the Centre for NYC Neighborhoods (CNYCN) on a new parametric product to protect high-flood-risk NYC neighborhoods. CNYCN has launched the new pilot project in partnership with the Mayor’s Office of Climate & Environmental Justice (MOCEJ), the ... Read the full article
Global property cat rates-on-line up 27.5% at Jan 1 renewals: Guy Carpenter
10th February 2023
Global property catastrophe reinsurance rates-on-line increased by 27.5% at the January 1st, 2023, renewals, more than double the uplift seen a year earlier, as sellers of protection achieved steep price rises on contracts. The Guy Carpenter Global Property Catastrophe Rate-On-Line Index leverages data sourced from real, brokered excess-of-loss reinsurance placements, ... Read the full article
European property cat rates-on-line increased 30% at January renewals: Guy Carpenter
7th February 2023
Data from global reinsurance broker Guy Carpenter shows that property catastrophe rates-on-line in Continental Europe increased by 30% at the January 1st, 2023, renewals, marking the largest single rise since 2001. This is according to Guy Carpenter's Continental Europe Property Catastrophe Rate-On-Line Index, which shows that the average rate-on-line for ... Read the full article
US property cat reinsurance rates-on-line up 30.1% at January renewals: Guy Carpenter
2nd February 2023
The Guy Carpenter U.S. Property Catastrophe Rate on Line Index increased by a significant 30.1% at the January 2023 reinsurance renewals, taking rates to an all-time high, according to the latest data from the global reinsurance broker. Guy Carpenter, which is Marsh McLennan's reinsurance broking arm, has been ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
