Guy Carpenter

GC: US property cat RoL index up 35% YTD

Global property catastrophe reinsurance risk-adjusted rate increases ranged from 10 to 50 percent at the mid-year renewals with loss-impacted clients seeing higher pricing, according to Guy Carpenter.

Guy Carp completes acquisition of Israeli reinsurance broker Re Solutions

Guy Carpenter has completed its acquisition of independent Israel-based reinsurance broker Re Solutions.

Guy Carp promotes Loh to CEO of Southeast Asia and Korea

Guy Carpenter has promoted Les Loh to CEO of Southeast Asia and Korea.

Guy Carpenter hires Howden’s Cacia as Italy CEO

Guy Carpenter has recruited Vincenzo Cacia from Howden to become the next CEO of its Italian operations.

Guy Carpenter hires Gallagher Re’s Seigle to target cyber retro market

Guy Carpenter has said it will be looking to grow in the cyber retro market following the addition of Grace Seigle as a cyber broker based in New York.

Aon hires senior Guy Carp casualty fac brokers Dan Meyer and Chris Ward

Aon has hired senior casualty facultative brokers Dan Meyer and Chris Ward from rival intermediary Guy Carpenter, as the firm moves to reload its US-based fac talent pool following the April defections of several senior brokers to Alliant, The Insurer can reveal.

Guy Carpenter cyber build-out continues with McCabe named broking MD

Guy Carpenter has expanded its cyber division with a number of appointments including Matthew McCabe as managing director of cyber broking.

Guy Carpenter announces Warwick to head GC Access Asia Pacific

Guy Carpenter has confirmed the appointment of Steve Warwick as head of GC Access Asia Pacific, following last month’s raid on rival broker Howden Tiger’s Hong Kong team.

GC proposes resilient development bonds in “paradigm shift” in management of climate risk

Guy Carpenter has proposed the creation of a Climate Resilient Development Bond structure as part of a new (re)insurance operating model for addressing large-scale climate-related events.

Ex-Scor CEO Rousseau joins Guy Carpenter as CEO EMEA and Global Capital Solutions

Guy Carpenter has appointed former Scor CEO Laurent Rousseau to the newly created position of CEO of EMEA and Global Capital Solutions.

Guy Carp hires Arch Re head of professional liability Gina Pilla

Guy Carpenter has hired Arch Re’s head of professional liability Gina Pilla, with the executive expected to be named managing director in her new role with the reinsurance intermediary, The Insurer can reveal.

ND panel: Cyber claims spike in recent years has helped carriers improve underwriting analysis

Executives speaking at a NetDiligence event on Wednesday said the increase in cyber claims volume in recent years has helped improve data quality, an evolution that is in turn allowing (re)insurance carriers to better underwrite the risk.

GC: Cyber modelling maturity poised to attract reinsurance and ILS capital

The increasing maturity of cyber modelling can help build the trust that will draw more reinsurance and ILS capacity into the space, according to reinsurance broker Guy Carpenter.

Guy Carpenter “on the offense” for further M&A to build on Israeli deal

Guy Carpenter has affirmed it is “absolutely on the offense” regarding acquisition activity across reinsurance broking despite the consolidated landscape and broker-on-broker raids as rivals alike adopt increasingly zealous expansion strategies.

Gallagher Re eyes China growth with Guy Carp’s Lou and Munich Re’s Xia hires

Gallagher Re has targeted growing its footprint in China and recruited Jia Lou from reinsurance broking rival Guy Carpenter along with Munich Re’s Alex Xia to spearhead its push in the region.

Guy Carpenter to acquire Israeli reinsurance broker Re Solutions

Guy Carpenter is set to acquire Israel-based independent reinsurance broker Re Solutions in a transaction expected to close later in the quarter.

Guy Carp’s Shafer named head of NA cyber underwriting at Odyssey Re

Odyssey Re has appointed Guy Carpenter reinsurance broker Chris Shafer to be its new head of North American cyber underwriting, reporting to Odyssey’s North America CEO Brian Quinn.

Guy Carp sued by Howden Tiger over Hong Kong team raid

Guy Carpenter has returned fire on its rival Howden Tiger by recruiting the “entire” six person team of its Hong Kong operation led by the Asia reinsurance veteran Steve Warwick.

Aon adds Arbittier and Patel from GC and Chaucer’s Mallen

Aon’s Reinsurance Solutions has hired Guy Carpenter’s Jessica Arbittier to add to the recent recruitment of her former colleague Priya Patel in its Philadelphia office, with the firm also adding Zak Mallen from Chaucer in Bermuda, The Insurer can reveal.

Guy Carp’s Fuller: Reinsurers’ “cautious optimism” making Florida renewals more orderly

The ongoing Florida renewals are seeing more overall appetite from reinsurers than expected, Guy Carpenter’s Florida segment leader Randy Fuller has commented, adding that the Sunshine State may also see carriers look to do take-outs of Citizens policies following the hurricane season.

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