Guy Carpenter News
Guy Carpenter: July 1 Renewal Rates Declined on Many Fronts
Insurance policy renewals as of July 1 declined by double digits in a number of lines and regions around the world, Guy Carpenter reported in a July 7 update. The market assessment echoes those made ...
El Niño Doesn’t Reduce Need for Hurricane Prep, Guy Carpenter Warns
Guy Carpenter & Co. LLC warned that the U.S. Atlantic and Caribbean coastal regions should prepare for at least two hurricanes to make landfall during the 2014 season, even with ...
Looser Terms Luring Non-Buyers Back Into Casualty Reinsurance Market
While it might take an innovative clash cover to lure Chubb's reinsurance buyer back into the casualty reinsurance market, other cedents are enticed by higher ceding commissions and multiline and ...
Simpson Exits JLT Towers Re for Guy Carp, Bringing Rating Agency Expertise
Two days after JLT Towers Re announced that David Flandro was joining the firm from a prior position at Guy Carpenter, Guy Carpenter announced that it snagged two executives from JLT Tower Re—Eric ...
Pension Fund Stake in Reinsurance Could Soar to $900B, New JLT Re Exec Flandro Says
JLT Towers Re announced the appointment of David Flandro, a former Guy Carpenter executive, as Global Head of Strategic Advisory on Tuesday—days after he gave a talk on the value of buying ...
April Renewals Bring Price Reductions, Focus On Tailored Coverage: Guy Carpenter
Strong balance sheets and an abundance of capacity led to lower reinsurance pricing across most territories and business segments for April 1 renewals, according to Guy Carpenter. "Despite a spike in ...
Guy Carpenter Hires Direct Re Team as Brokers From Endurance
Guy Carpenter & Co. LLC, a global risk and reinsurance specialist and member of Marsh & McLennan Cos., on Wednesday announced that it has hired the Kansas City-based Direct Reinsurance team ...
Guy Carpenter Promotes Reina to CEO, Continental Europe & MENA
Guy Carpenter & Co. on Wednesday announced that Massimo Reina has been promoted to the position of CEO of Continental Europe and MENA, with immediate effect. He succeeds Peter Stubbings, who has ...