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Reinsurance News

Guy Carpenter

Insurers benefit from spectrum of reinsurance solutions: Guy Carpenter

11th September 2017

Reinsurance purchasing strategies have shifted from capital protection to a focus on managing volatility and de-commoditising solutions as cedants continue to seek out stability and growth from the ‘vibrant’ array of market solutions, according to Guy Carpenter executives President James Nash and Managing Director Julia Chu. The Guy Carpenter executives commented ... Read the full article

GC executives call for common cyber risk currency development

8th September 2017

The global insurance and reinsurance industry needs to develop a common cyber risk currency in order to improve risk differentiation in a rapidly expanding part of the risk transfer space, according to Guy Carpenter's Morley Speed and Carolyn Morley. As the cyber risk market continues to evolve, diversification is essential, but so ... Read the full article

Guy Carpenter hires Eisele from Swiss Re to be new Pacific region CEO

8th September 2017

Reinsurance brokerage Guy Carpenter has named Andre Eisele from reinsurer Swiss Re, to become its new CEO of the Pacific Region. Additionally, Guy Carpenter has appointed ex-Munich Re managing director Heinrich Eder to the Guy Carpenter Advisory Board for the Pacific Region. The two senior appointments reflect Guy Carpenter's push deeper into ... Read the full article

Guy Carpenter promotes Boyce to Deputy CEO Global Specialties

6th September 2017

Reinsurance brokerage Guy Carpenter has announced the promotion of James Boyce to the position of Deputy CEO, Global Specialties, effective immediately. Boyce joined Guy Carpenter in 1997 after Marsh & McLennan Companies acquired Wilcox Johnson & Higgins. He joined that firm in 1996 as an Associate Director, helping to set up ... Read the full article

Guy Carpenter appoints CEO and Chairman for Asia Pacific region

2nd August 2017

Reinsurance brokerage Guy Carpenter has announced two senior promotions in the Asia Pacific region, naming Tony Gallagher as CEO of the Asia Pacific Region and Richard Jones as Chairman of the Region. Gallagher, who was most recently CEO of the Pacific Region at Guy Carpenter, takes on his new role as ... Read the full article

Tom Hettinger to lead Guy Carpenter’s U.S. & Canadian advisory capabilities

18th July 2017

Global reinsurance broker, Guy Carpenter, has announced the appointment of Tom Hettinger as the new head of its capital, structured risk, growth and rating agency advisory capabilities in both the U.S. and Canada. Hettinger will report to Rob Bentley, head of Global Strategic Advisory, and will be based in the broker's Chicago, U.S. office. Hettinger ... Read the full article

Guy Carpenter opens unit for Asia Pacific retrocession

29th June 2017

Guy Carpenter has announced the launch of a new unit, GC Asia Pacific Retro, offering retrocession services in the Asia Pacific region. The unit will link with Guy Carpenter's marine and aviation Global Specialties units in the region and provide retrocession property solutions, capital raising, and product and capacity development. Kevin Fisher, ... Read the full article

Risk management under pressure as insurers tighten budget screws: Guy Carpenter

8th June 2017

Insurers have been tightening up budgets for risk modeling investment and moving away from multi-model risk management to an approach that relies on detailed understanding of a core model, as they come under pressure to improve the bottom line in a competitive market, said Guy Carpenter. Guy Carpenter's Matthew Eagle, Head of ... Read the full article

Guy Carpenter hires van Oort from Gen Re as MD for Benelux operations

1st June 2017

Reinsurance broker Guy Carpenter has announced that it has hired Hans van Oort from General Re to be Managing Director of its Benelux operations, as the company looks to strengthen its regional team. van Oort will join Guy Carpenter as of the 1st December 2017, taking on responsibility for growing Guy ... Read the full article

Re/insurance essential in the management of rising, global flood risk: Guy Carpenter

18th May 2017

International reinsurance brokerage, Guy Carpenter, recently held a forum in Berlin, Germany that underlined the importance of utilising efficient and effective re/insurance capacity and solutions to improve flood risk management, one of the world's most costly perils. Flood risk is one of the world's most advancing and evolving perils, driving high ... Read the full article

Guy Carpenter partners with agricultural data provider

24th March 2017

Reinsurance broker Guy Carpenter will purchase Electronic Field Records (EFRs) from farmers using Farmobile’s Data Store to develop new predictive risk models and enhance its forecasting capabilities for agriculture reinsurance. In an industry where profitability depends on accurate risk predictions, the ability to innovate for cutting edge data collection and assessment ... Read the full article

Beazley appoints Stephen Vivian as new head of U.S. marine

22nd March 2017

Specialist insurer Beazley has appointed long-time marine insurance expert Stephen Vivian to head up its U.S. marine business. Vivian most recently served as Managing Director of new business production and marketing for reinsurance brokerage Guy Carpenter, in New York. He boasts a distinguished career of over 30 years’ as a marine insurance ... Read the full article

Re/insurers must embrace myriad of opportunities: GC’s Carter

17th March 2017

Insurance and reinsurance companies around the world have an opportunity to take advantage of the evolving risk landscape and the rapidly changing economic environment, according to Victoria Carter, Vice Chairman of Global Strategic Advisory for Guy Carpenter. Insurers and reinsurers in all parts of the world must adapt to the myriad ... Read the full article

Miller hires senior facultative broker from Guy Carpenter

10th February 2017

Insurance and reinsurance broker Miller Insurance Services LLP has hired a new senior broker and producer in an expansion of its facultative property capabilities. Damian Richards  joins Miller from Guy Carpenter, where he acted as Senior Vice President, with a focus on managing production and placement of facultative reinsurance for UK ... Read the full article

Guy Carpenter advises caution on terrorism coverage in 2017 forecast

6th January 2017

With global political volatility on the rise, terrorism coverage will require extra vigilance, while new technologies shift the landscape of challenges and opportunities for re/insurers, according to broker Guy Carpenter. New technologies, big data and predictive analytics, coupled with the "sharing" economy are some of the major emerging factors ... Read the full article

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