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.

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

Capacity is adequate, demand is high: GC’s Peter Hearn

5th May 2021

Peter Hearn, Chief Executive Officer of reinsurance broker Guy Carpenter (GC), has maintained that, despite some moderation in pricing over Q1, reinsurance market capacity remains adequate, and demand is high. The Guy Carpenter global property catastrophe rate online index increased just under 5% at the January 1 reinsurance renewals. And similarly, for ... Read the full article

We have to separate Florida from rest of portfolio: Guy Carp CEO Hearn

29th April 2021

Speaking during the Marsh McLennan first-quarter 2021 earnings call, CEO of reinsurance broking arm Guy Carpenter, Peter Hearn commented that at the upcoming mid-year reinsurance renewals, Florida will have to be separated from other business. Hearn said: “We have to separate Florida from the rest of our portfolio because it’s a ... Read the full article

“Disruption” from Aon – WTW merger an MMC growth driver, CEO Glaser suggests

27th April 2021

Global insurance brokerage Marsh McLennan may already be benefiting from new hires and clients gained as a result of the still impending Aon and Willis Towers Watson (WTW) merger, CEO Dan Glaser suggested today. During the Marsh McLennan (MMC) first-quarter 2021 earnings call that finished just recently, CEO Dan Glaser discussed ... Read the full article

Guy Carpenter’s revenue up 7% as Marsh reports ‘outstanding’ first quarter

27th April 2021

Global insurance brokerage Marsh McLennan has reported consolidated revenue of $5.1 billion for the first quarter of 2021, supported by solid revenue growth at its reinsurance broking arm, Guy Carpenter. Consolidated revenue increased 9%, or 6% on an underlying basis from the prior year quarter, as operating income jumped, year-on-year, from ... Read the full article

GC notes shift towards non-proportional capacity for Korean market at 4/1

22nd April 2021

Guy Carpenter analysts have noted a clear movement of capital during the April 1 reinsurance renewals in Korea, with capacity shifting from proportional to non-proportional and from risk to event. Prior to the April 1 reinsurance renewals in Korea, expectations for pricing increases were reportedly quite high. While Korea had not experienced ... Read the full article

Christophe Gaudron named CEO of Guy Carpenter France

22nd April 2021

Guy Carpenter, the reinsurance broking arm of Marsh McLennan, has announced the appointment of Christophe Gaudron as Chief Executive Officer (CEO) of its French operations, effective January 1st, 2022. As CEO of Guy Carpenter France, Gaudron will be responsible for overseeing broking activities across the French marketplace. Based in Paris, he ... Read the full article