Guy Carpenter News
Reinsurance Buyers Find ‘Smoother’ January Renewals With Ample Capacity: Guy Carpenter
Ceding companies are finding that a responsive reinsurance market has materialized for the Jan. 1, 2024 renewals — a reflection of ample capacity and a commercial ...
Client Needs Rediscovered at Reinsurance Rendez-Vous
One of the themes at this year's reinsurance Rendez-Vous de Septembre (RVS) was that reinsurers have rediscovered client need, client interest and have again started to put clients at the center of ...Separate Casino Cyber Attacks Highlight Continued Market Risk
Two cyber attacks against two separate casinos in Las Vegas last week highlight the continued cyber insurance market risk resulting from tenacious ransomware groups, according to Guy Carpenter's ...‘Hard But More Manageable’ Jan. 1 Renewals; Little Relief on Retentions
The hard reinsurance market in property-catastrophe reinsurance isn't coming to an end at Jan. 1, 2024, but reinsurers are likely to deploy more of their capacity next year, broker executives said ...When Will the Hard Reinsurance Market End?
Higher retentions on property-catastrophe reinsurance programs are here to stay going into next year's renewals, reinsurance brokers predicted recently.Related ...
Humans Driving High Levels of Weather Losses: Guy Carpenter
While 2023 may well turn out to be the warmest year on record, human activities that generate carbon gas emissions aren't the only ones driving spikes in weather-related insurance losses, a ...Executives on the Move at AXA XL, Guy Carpenter, AIG
AXA XL has appointed Lucy Pilko as CEO for the Americas region of its insurance operations, effective Oct. 30, 2023.
She assumes the role ...