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 hires Isaac Sanday from WTW as Head of UK&I Life

8th December 2021

Guy Carpenter, the reinsurance broking division of Marsh McLennan, has named Isaac Sanday, previously of Willis Towers Watson (WTW), as Head of UK & Ireland Life, effective January 2022. In his new role, Sanday takes on responsibility for leading production and client delivery for the UK & Ireland, with a focus ... Read the full article

Guy Carpenter and Marsh to combine South Africa operations

23rd November 2021

Guy Carpenter and Marsh, both businesses of Marsh McLennan (MMC), have announced that they will combine their South Africa facultative reinsurance operations into a single business from January next year. The new unit will operate under the Guy Carpenter brand as it’s part of the company’s strategy to expand its presence ... Read the full article

Dean Klisura named Guy Carpenter CEO amid major MMC leadership re-shuffle

18th November 2021

Dean Klisura, currently the president of Guy Carpenter, has been appointed to lead the company as Chief Executive Officer, a role that will be taken up alongside his current duties. This appointment comes amid a broader shake up of the Marsh McLennan group's leadership, one that includes Marsh CEO and president ... Read the full article

TWIA may drop broker GC in favour of Willis Re, with Aon preferred for modelling services

3rd November 2021

The Texas Windstorm Insurance Association (TWIA) looks set to pivot towards Willis Re for​​ its reinsurance broking needs following a meeting of its actuarial & underwriting committee. This switch would see TWIA terminate its current broking relationship with broking rival Guy Carpenter. The committee, which is reported to have considered Guy Carpenter ... Read the full article

Cyber is the one truly hard element of the market: GC’s Peter Hearn

22nd October 2021

Peter Hearn, Chief Executive Officer (CEO) of reinsurance broker Guy Carpenter, has asserted that the “one hard element” of the reinsurance market right now is cyber. Hearn was joined by executives from parent company Marsh McLennan (MMC) earlier this week during a call to discuss the company’s Q3 results. Guy Carpenter reported ... Read the full article

Guy Carpenter’s underlying revenue up 15% as Marsh hails outstanding quarter

21st October 2021

Reinsurance broker Guy Carpenter has reported a 15% rise in underlying revenue to $314 million for the third quarter of 2021, as its parent Marsh McLennan delivered impressive year-on-year growth. Buoyed by revenue growth across the business, global insurance and reinsurance brokerage Marsh McLennan has reported an increase in underlying revenue ... Read the full article

Guy Carpenter sets up insurtech Center of Excellence

20th October 2021

Guy Carpenter, the reinsurance broking arm of Marsh McLennan, has announced the launch of an insurtech Center of Excellence (COE) that will provide services to carriers and Managing General Agents (MGAs) powered through modern technology platforms. The insurtech COE will offer a range of reinsurance broking, advisory and analytical services, and ... Read the full article

Guy Carpenter launches Wildfire Risk Score

18th October 2021

Guy Carpenter & Company has launched a Wildfire Risk Score designed to help clients manage their exposure to the evolving risk of wildfire across Europe. The solution builds on the approach successfully deployed in the U.S. and adds an additional peril geography to Guy Carpenter’s climate advisory offerings. Through the new platform, ... Read the full article

2021 fast becoming the year of ESG: Guy Carpenter execs

10th September 2021

During a recent briefing hosted by Guy Carpenter, industry executives claimed that environmental, social and governance (ESG) issues have become more important than ever for reinsurers this year. Jessica Turner, Managing Director for Catastrophe Advisory at Guy Carpenter, highlighted the growing significance of ESG risks during a discussion that focused on ... Read the full article

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