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.

R&Q enters loss portfolio & reinsurance business transfer with Delvag

8th September 2021

Randall & Quilter Investment Holdings has announced that with the assistance of Black Forest Reinsurance Consulting (BFRC) and Guy Carpenter, it has transacted a Loss Portfolio Transfer of reinsurance business with Delvag Versicherungs-AG (Delvag). With this transaction Delvag reaches economic finality of a third-party reinsurance portfolio amounting to around EUR 22million ... Read the full article

Guy Carpenter hires Quentin Perrot as Managing Director, GC Securities

7th September 2021

Reinsurance broker Guy Carpenter has appointed Quentin Perrot as Managing Director, GC Securities, where he will report to Shiv Kumar, President, GC Securities. In this role, Perrot will be responsible for the origination and structuring of insurance-linked securities, collateralised structures, and alternative capital, supporting clients from around the world including Bermuda, ... Read the full article

Guy Carpenter names Willis Re’s Harden as President of APAC

16th August 2021

Michael Harden has left Willis Re to join reinsurance broker Guy Carpenter as President of Asia Pacific, effective immediately. Harden brings more than 45 years of insurance and reinsurance industry experience to his new role. He joined Willis Re in Australia in 1991 as a Director before being made Chief Executive Officer ... Read the full article

Guy Carpenter’s revenue rises to $488m in Q2 as MMC reports higher income

22nd July 2021

International insurance brokerage, Marsh McLennan (MMC), saw its consolidated revenue rise to $5 billion in the second-quarter of 2021, supported by an increase in revenue at its reinsurance arm, Guy Carpenter. For Q2 2021, MMC's consolidated revenue spiked by 20% when compared with the prior year period and, on an underlying ... Read the full article

Guy Carpenter announces two senior hires

8th July 2021

Guy Carpenter, the reinsurance broking arm of Marsh McLennan, has appointed Matt Petka as Managing Director and Riley Underwood as Senior Vice President within its GC Access business unit. Petka will assume a senior leadership role within GC Access, where he will be responsible for overseeing solution development and client management. Alongside ... Read the full article

Guy Carpenter launches new climate advisory & modelling services

7th July 2021

Guy Carpenter, the reinsurance broking arm of Marsh McLennan, has announced the launch of a suite of advisory and modelling services to help clients integrate climate change strategies into their Environmental, Social and Governance (ESG) programs. Key services include natural hazard risk assessment and risk modelling, exposure data enhancement, and adjustment ... Read the full article

Marsh, Guy Carpenter announce key leadership exchange

1st July 2021

Re/insurance brokers Marsh and Guy Carpenter have announced a series of key leadership appointments, including Paul Moody’s transition to serve as the latter’s UK Chief Executive Officer. Moody joins on September 1 from Marsh, a company he’s served for over two decades. He will report to Dean Klisura, President, Guy Carpenter and ... Read the full article

Guy Carpenter strengthens Non-Marine Specialty practice

30th June 2021

Guy Carpenter, the reinsurance broking arm of Marsh McLennan, has announced the additions of James Johns as Managing Director and Joshua O’Donoghue as Senior Vice President (SVP) within its Non-Marine Specialty unit. Johns, who takes on his new role from August 12th, will operate as a leading broker and account executive ... Read the full article

Gallagher Re secures $93m for Arch MI’s Bellemeade in single transaction

22nd June 2021

Reinsurance broker Gallagher Re has partnered with Arch Mortgage Insurance Company (Arch MI) in raising and placing traditional reinsurance capacity for special purpose reinsurer Bellemeade Re 2021-2. In this second Bellemeade transaction of 2021, Gallagher Re obtained $93.2 million of indemnity reinsurance for Arch MI, on a pool representing approximately $36 ... Read the full article

Guy Carpenter adds Gressier as Head of Motor and Associated Casualty, UK&I

15th June 2021

Guy Carpenter, the reinsurance broking arm of Marsh McLennan, has announced the appointment of Paul Gressier as Managing Director and Head of UK & Ireland Motor and Associated Casualty, effective August 9th, 2021. Gressier takes on responsibility for leading the broker's motor and associated casualty activities across the region. In this newly ... Read the full article

Guy Carpenter forecasts above normal tropical cyclone activity

7th June 2021

Guy Carpenter, the reinsurance broking arm of Marsh McLennan, has published its annual briefing on the 2021 Western North Pacific Basic Tropical Cyclone season. According to the briefing, the number of tropical cyclones forecast to form between April 1 and September 30 is above normal. Near- to above-normal activity is consistent with ... Read the full article

Guy Carpenter names Brit’s David Arthur as Head Actuary, UK Non-Specialty

2nd June 2021

Guy Carpenter, the reinsurance broking arm of Marsh McLennan, has announced the hiring of David Arthur as Head Actuary for its UK Non-Specialty business, including Global Casualty, Accident & Health, UK Property and UK Motor. Effective October 2021, Arthur takes on responsibility for the oversight of all actuarial activities undertaken within ... Read the full article

Hedging the next pandemic: Register for live webcast

19th May 2021

Our insurance-linked securities (ILS) focused sister site, Artemis, has partnered with Vesttoo to explore opportunities to hedge the next global pandemic via the use of parametric risk transfer, enabled by advanced data and technology. Register online here to secure your place at this free live webcast event. Following ... Read the full article

Guy Carpenter names Tres as lead of Strategic Risk & Capital Life Solutions, EMEA

17th May 2021

Guy Carpenter, the reinsurance arm of global brokerage Marsh McLennan, has hired Luca Tres as Head of Strategic Risk and Capital Life Solutions, EMEA, effective June 1st, 2021. In his new role, Tres takes on responsibility for driving continued growth in both the development and delivery of non-traditional life solutions to ... Read the full article

Guy Carpenter unveils APAC Catastrophe Advisory Group

7th May 2021

Guy Carpenter, the reinsurance broking arm of Marsh McLennan, has named Jeremy Waite as the lead of its newly launched Asia Pacific Catastrophe Advisory Group. The new advisory group is dedicated to the Asia Pacific region and will offer clients direct access to the broker's extensive catastrophe expertise and capabilities, which ... Read the full article