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.
Ben Keslowitz to lead Guy Carpenter’s US Life Reinsurance business
8th December 2020
Guy Carpenter, the reinsurance broking arm of Marsh, has announced the appointment of Benjamin Keslowitz to the newly created role of US Life Leader, effective immediately. In his new role, Keslowitz will have a focus on delivering the full range of Guy Carpenter's risk and capital solutions to clients and prospects ... Read the full article
Guy Carpenter names Pietro Toffanello as Head of Japan
7th December 2020
Guy Carpenter, the global reinsurance broking arm of Marsh, has announced the appointment of Pietro Toffanello, formerly of Gen Re, as Head of Japan, effective Q1 2021. In his new role, Toffanello takes on responsibility for managing the broker's business activities across Japan, reporting to Tony Gallagher, Chief Executive Officer (CEO) ... Read the full article
Guy Carpenter names Aon’s Shephard as Head of GC Access, International
3rd December 2020
Reinsurance broker Guy Carpenter has appointed Miles Shephard, formerly of Aon, as Managing Director and Head of GC Access, International, effective October 2021. GC Access is the reinsurance broker's dedicated program business unit, focused solely on the development of fully optimised program solutions that connect MGAs and carriers. In his new role, ... Read the full article
Uncertainty diminishing ahead of “complex” 1/1 renewals: GC
30th November 2020
Guy Carpenter (GC), the reinsurance arm of global brokerage Marsh, has warned that the upcoming January 2021 renewals will be uniquely “complex” due to the manifold challenges in the market this year. However, the broker added that re/insurers seem “ready to respond” to these complexities, and noted that some areas of ... Read the full article
We need to learn to adapt, says Flood Re’s Andy Bord
30th November 2020
Andy Bord, Chief Executive Officer of Flood Re, the UK government backed flood insurer, has called for a review on how policies and flood models are managed. He believes that a more all-encompassing approach to flood risk management will become more effective flood defences and into the wider built environment. Controlling flood ... Read the full article
Guy Carpenter launches new Vietnam flood model
10th November 2020
Guy Carpenter, the reinsurance arm of global brokerage Marsh, has announced the launch of its new flood model for Vietnam. The probabilistic model will provide full national coverage and help re/insurers to assess their exposure to floods – a peril that affects 70% of the population in Vietnam. The Guy Carpenter Vietnam ... Read the full article
Guy Carpenter launches new Marine & Energy division
2nd November 2020
Guy Carpenter, the reinsurance arm of global brokerage Marsh, has announced the launch of a new Marine & Energy mutual, agency and captive reinsurance solutions practice. The practice, which forms part of Guy Carpenter’s Global Marine & Energy Specialty group, will be led by Managing Director Demian Smith. Guy Carpenter’s aim is ... Read the full article
MMC’s Q3 operating income up 15%
29th October 2020
Marsh & McLennan Companies, Inc. (MMC), a global insurance and reinsurance brokerage, has announced consolidated revenue of $4 billion for the third-quarter of 2020, while underlying revenue fell by 1% when compared to the same period in 2019. Operating income spiked to $540 million from $467 million in the prior year ... Read the full article
Guy Carpenter targets program market with launch of GC Access
14th October 2020
Guy Carpenter, the reinsurance arm of global brokerage Marsh, has announced the launch of GC Access (SM), a new business unit designed to provide dedicated MGA program business solutions. The new business division offers a range of services to MGAs and carriers operating within the program market, including carrier and reinsurance ... Read the full article
Guy Carpenter adds Hartshorn as Chief Human Resources Officer
6th October 2020
Reinsurance broker Guy Carpenter has announced the appointment of Melissa Hartshorn as Chief Human Resources Officer. Hartshorn most recently served as interim Chief Human Resources Officer at Guy Carpenter, and prior to this was HR Leader for the company’s Global Operations and Global Strategic Advisory divisions. She joined parent company MMC in ... Read the full article
Guy Carpenter adds Aon’s Paul Miller to bolster property cat value proposition
28th September 2020
Guy Carpenter, the reinsurance arm of global brokerage Marsh, has appointed Aon's Paul Miller to lead its Property Catastrophe value proposition for UK, Global Specialties and key global clients. Effective September 2021, Miller takes on responsibility for ensuring the delivery of best-in-class solutions to clients and prospects working across the reinsurance ... Read the full article
Guy Carpenter partners with insurtech RiskGenius on silent cyber risk
17th September 2020
Guy Carpenter, the reinsurance arm of global broker Marsh, has established a partnership with insurtech RiskGenius to help evaluate potential silent cyber exposure. The partnership will provide clients with a means of assessing their silent cyber exposure at scale, while generating risk insights designed to support a greater understanding of silent ... Read the full article
BI uncertainty will not be resolved by Jan 1: GC’s Lara Mowery
11th September 2020
Lara Mowery, Global Head of Distribution at reinsurance broker Guy Carpenter (GC), has argued that the upcoming January 1 renewals are likely to be complicated by continued uncertainty about the scale of business interruption losses stemming from the COVID-19 pandemic. Speaking as part of a press briefing in which GC executives ... Read the full article
Marsh’s Dean Klisura named President of Guy Carpenter
10th September 2020
Guy Carpenter, the reinsurance arm of global brokerage Marsh, has appointed Dean Klisura as its new President, effective October 1st, 2020. Klisura will report to Guy Carpenter's Chief Executive Officer (CEO), Peter Hearn, and will continue to be based in New York. In this newly-created role, he takes responsibility for Guy Carpenter's ... Read the full article
Guy Carpenter launches Indonesia Flood Model
9th September 2020
Global risk management and reinsurance brokerage, Guy Carpenter, has announced the launch of its new Indonesia Flood Model (IFM). The IFM will be able to provide its users with countrywide coverage and will enable insurers to assess their flood exposure. The data used is based on a 10,000-year stochastic catalogue simulating ... Read the full article
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