Guy Carpenter

Willis Re takes GC’s Jones to head Atlanta office

Willis Re has hired back Graham Jones from Guy Carpenter to take the position of branch manager of its Atlanta office, The Insurer can reveal.

Guy Carpenter launches probabilistic Philippines Flood Model

Guy Carpenter has launched a countrywide flood model for the Philippines, enabling insurers to assess flood exposure, one of the most frequent natural hazards in the region.

GC and Tiger in joint mandate to raise capital for Carbon SIAB

Guy Carpenter and TigerRisk have a joint mandate to raise capital for the innovative data-led syndicate-in-a-box initiative to be launched by MGU Carbon Underwriting, The Insurer can reveal.

CEA and Guy Carp to begin marketing wildfire fund renewal

The California Earthquake Authority (CEA) and Guy Carpenter are due to begin marketing the state’s Wildfire Fund reinsurance programme ahead of its 1 June renewal, although any hopes of building out its size may be challenged by hardening market conditions.

MMC: $4.7bn Q1 revenues with 7 percent Guy Carp organic growth

MMC Group CEO Dan Glaser has described his group’s first quarter results as “excellent” on the one-year anniversary of its landmark £4.3bn JLT deal completing.

US cyber specialty leader Platt leaves GC for Gen Re

Guy Carpenter’s US cyber solutions specialty practice leader Jeremy Platt has left the reinsurance broker to take up a senior position at Gen Re, The Insurer can reveal.

QBE brings in GC to market $300mn NA legacy portfolio

QBE is working with Guy Carpenter to find a legacy solution for a $300mn portfolio of the Australia-based carrier’s North American E&S business, The Insurer can reveal.

Guy Carpenter pays tribute to Sal Zaffino

Guy Carpenter has paid tribute to the reinsurance broker’s former chairman and CEO Salvatore Zaffino, who passed away at the weekend.

Covid-19 “unlikely” to impact health XoLs, says Guy Carp

It is “unlikely” the coronavirus outbreak will have a significant impact on excess of loss medical reinsurance contracts, although quota share and aggregate programmes may find themselves being triggered, according to Guy Carpenter.

R&Q the reinsurer behind HIIG’s loss portfolio transfer

The recently announced Houston International Insurance Group (HIIG) loss portfolio transfer (LPT) was written by Randall & Quilter Investment Holdings (R&Q) with Guy Carpenter acting as reinsurance broker, The Insurer can reveal.

Reinsurers “in reasonable shape” despite financial markets hit: GC

Reinsurers remain “in reasonable shape overall” despite the hit to capital and earnings from financial markets turmoil that has led to the Solvency II ratios of Europeans in the sector dropping from 235 percent to 206 percent in the year-to-date, according to Guy Carpenter.

Willis Re adds GC’s Melanson to lead health practice

Willis Re has appointed Dan Melanson as senior vice president and health practice leader, as part of the Life, Accident and Health (LAH) senior management team.

Guy Carpenter takes AIG’s Williams to head Client Support Services

Reinsurance broker Guy Carpenter has named George Williams managing director, global head of client support services.

GC partners with AI firm to address silent cyber exposures

Reinsurance intermediary Guy Carpenter has entered into a strategic partnership with artificial intelligence specialist RiskGenius, to detect and undertake qualitative analysis of silent cyber exposure across various lines of business.

GC calls for more public-private partnerships to insure cat risks

MMC-owned Guy Carpenter has called for greater use of public-private partnerships to manage the strain on governments’ finances from climate-related exposures.

Guy Carpenter and KCC agree cat modelling deal

Guy Carpenter has entered into a multi-year agreement with Karen Clark and Company (KCC) to license its natural catastrophe models, execution software and analytics.

Guy Carpenter remains an upbeat outlier on 1.1 rates as Swiss Re adds to caution

Guy Carpenter remains an outlier on its 1.1 renewals stance as Swiss Re became the latest firm to strike a more cautious note when it published its FY 2019 results today.

GC Fac continues to bolster London ranks with WTW and Lockton Re hires

Guy Carpenter is continuing to strengthen its London fac team with two more hires from rivals, including WTW’s global head of fac broking, Henry Lawrence.

Aon takes reinsurance revenue top spot despite GC-JLT Re combo

Aon’s Reinsurance Solutions arm has taken the top position as measured by revenues from its rival Guy Carpenter based on 2019 financials, analysis by The Insurer reveals.

No hard market, say Marsh and GC CEOs

Marsh president and CEO John Doyle and his Guy Carpenter counterpart Peter Hearn have downplayed talk of a true hard market but agreed with MMC CEO Dan Glaser that it has become significantly more challenging.

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