Climate resilience: an industry responsibilityAs the effects of climate change become increasingly apparent across the world, Ruth Lux, head of Public Sector EMEA at Guy Carpenter talks to The Insurer about the central role the (re)insurance sector has to play in ensuring that the growing impact of related events does not further expand the insurance gap.
Understanding cat is key to cyber market futureCarriers need to be more aware of the catastrophic risk associated with cyber peril to help them better price the product, structure reinsurance and execute growth strategies in the burgeoning market segment, according to Guy Carpenter’s Erica Davis.
Guy Carp names Marsh’s Samengo-Turner global fac headMMC’s reinsurance broking arm, Guy Carpenter, has appointed head of Marsh JLT Specialty Asia, Dominic Samengo-Turner, to the role of global facultative leader.
Mayes resigns from Guy Carpenter facultativeNeil Mayes has become the latest senior member of Guy Carpenter’s facultative team in London to resign, The Insurer can reveal.
Guy Carp names Guerriero interim international fac head after Summers exitGuy Carpenter has appointed Frank Guerriero as interim head of international facultative operations, replacing Paul Summers who has resigned to join McGill & Partners as head of fac.
Market must partner with insurtech firms to tackle tech challenge: GC’s CarterMarket brokers and (re)insurers must collaborate with leading technology firms and the new wave of insurtech start-ups to tackle their soaring expense ratios and make good on promises to deliver innovative products to clients, Guy Carpenter’s chairman of global capital solutions has said.
Guy Carpenter denied PI in dispute over execs that joined TigerRiskA New York judge has denied a preliminary injunction and dismissed a complaint brought by Marsh & McLennan Companies and Guy Carpenter against TigerRisk and two executives that joined from Guy Carpenter earlier this year.
Cat bond market shows resilienceThe Insurer talked to Shiv Kumar, president of GC Securities, about cat bond market conditions and the lessons learned in the collateralized reinsurance space.
Priebe gets Guy Carpenter chairman roleDavid Priebe has been promoted from vice chairman to chairman of Guy Carpenter in a move the reinsurance broker said will further its growth strategy.
Pause, adjust, move forwardGuy Carpenter’s James Nash assesses the impact of an unprecedented two-year loss period as the industry reassesses its approach to an evolving risk environment and considers how it moves forward from here
Guy Carpenter claims new “troubling conduct” in dispute with Lockton trioGuy Carpenter has claimed it has uncovered conduct by three executives that left to join Lockton Re that may violate their temporary restraining order or restrictive covenant agreements.
Guy Carpenter to segment business further; eyes public sector growthGuy Carpenter North America will continue to invest in the segmentation strategy that has led to significant traction in its specialty practices for mutual/regional insurers, as well as MGAs and the public sector, The Insurer can reveal.
Guy Carp NA targets broader relationships with JLT Re clients to fuel growthGuy Carpenter is looking to broaden relationships with existing JLT Re clients in North America by leveraging its scale and full suite of services to position the combined operation for continued growth.
Guy Carp chosen by CEA to place wildfire reinsuranceThe California Earthquake Authority (CEA) – one of the largest buyers of property cat reinsurance globally – has selected MMC’s Guy Carpenter as the sole intermediary for the newly formed California Wildfire Fund.
Rubenstein resigns from Willis Re for Guy CarpenterPhiladelphia-based Willis Re executive vice president Scott Rubenstein has resigned from the broker and has been linked with a move to join Guy Carpenter, The Insurer can reveal.
Q2 reveals extent MMC lagging peers in organic growthResults and CEO commentary in the second quarter showed brokerages are enjoying a boom time for organic growth, but Marsh & McLennan Companies (MMC) is lagging behind amid uncertainty about how long JLT will prove a drag.
JLT deal slows new business growth for Guy Carp in Q2: GlaserGuy Carpenter, which saw organic revenues decline by 3 percent in the second quarter of 2019, was hit by “considerably” slower new business generation following MMC’s landmark acquisition of JLT, MMC CEO Dan Glaser has said.
Lockton Re trio argues Guy Carp’s claims not valid in new filingThree Lockton Re executives have made a new filing in their dispute with Guy Carpenter, saying their former employer’s claims of violations of their fiduciary duties and restrictive covenant agreements (RCAs) are “an illegitimate attempt to stifle fair competition”.
Lloyd’s still open to niche MGA business: MMC’s CarterGuy Carpenter’s Vicky Carter has sought to dispel rising concerns that Lloyd’s no longer has an appetite to take on the unusual, specialist risks in the market.