Reinsurance News
Guy Carpenter news
News on Guy Carpenter, one of the world’s leading reinsurance brokers and part of the Marsh & McLennan group of companies.
News on Guy Carpenter’s activities in reinsurance and insurance-linked securities markets, as a broker, originator, adviser and structurer of reinsurance risk transfer transactions.
Guy Carpenter and RPC Consulting partner on reinsurance analytics platform
22nd August 2018
Guy Carpenter & Company LLC, the reinsurance broker and wholly owned subsidiary of Marsh & McLennan Companies, has entered into a multi-year strategic partnership with Reynolds Porter Chamberlain Consulting LLP (RPCC) to license and develop applications for RPCC’s Tyche analytics software. As part of the arrangement, Guy Carpenter will have exclusive ... Read the full article
Guy Carpenter names Head of Credit, Bond and Political Risk Practice
25th July 2018
Guy Carpenter & Company, LLC, the reinsurance broker and wholly owned subsidiary of Marsh & McLennan Companies, has promoted Gregory King-Underwood to Head of the Credit, Bond and Political Risk Practice of Guy Carpenter International, effective immediately. He succeeds outgoing practice leader John Orchard, who is leaving Guy Carpenter after 11 ... Read the full article
Guy Carpenter names President & Head of South East Asia and Korea
19th July 2018
Reinsurance broker Guy Carpenter has named Bengt Johnsen as President and Head of the South East Asia and Korea (SEAK) region, succeeding Richard Jones, who was promoted to ... Read the full article
Guy Carpenter announces launch of InsurTech Alliance
18th July 2018
Guy Carpenter & Company, the reinsurance broker and wholly owned subsidiary of Marsh & McLennan Companies, has announced the launch of InsurTech Alliance, a new insurer-focused suite of capabilities designed to help carriers understand and exploit the data and analytics-driven innovations emerging from InsurTech. The announcement sees Guy Carpenter look to ... Read the full article
AXA Liabilities Managers acquires Gothaer Re run-off portfolio
10th July 2018
AXA Liabilities Managers has acquired the reinsurance portfolio of Gothaer Group, which has been in run-off since Gothaer Re ceased trading in 2004. The deal was confirmed following approval by the German Federal Financial Supervisory Authority on June 26, with Guy Carpenter having supported Gothaer at all stages in the transaction process. Guy ... Read the full article
Guy Carpenter hires Shiv Kumar as Global Leader of capital markets unit
4th June 2018
Guy Carpenter & Company, the reinsurance broker and wholly owned subsidiary of Marsh & McLennan Companies, has hired Shiv Kumar as President and Global Leader of GC Securities, Capital Markets. Most recently, Kumar was Global Head of Insurance Structured Finance at Goldman, Sachs & Co., and brings over 23 years’ experience ... Read the full article
Guy Carpenter hires Richard Carver from Aon as non-marine MD
22nd May 2018
Reinsurance broker Guy Carpenter has announced the hire of Richard Carver as a Managing Director and Senior Broker in the firm’s UK non-marine broking division. Carver was most recently a Managing Director at Aon, having been at the firm for more than 15 years, based in London and Bermuda. Carver will be ... Read the full article
Jenni Rowntree Estis promoted to Head of Operations, Guy Carpenter Bermuda
21st May 2018
It’s been announced today that Bermudian Jenni Rowntree Estis has been promoted to the role of Head of Operations, Senior Vice President, Broking after 16 years at reinsurance broker Guy Carpenter. The new role will include the overseeing of IT, human resources, finance and client administration services at the company and ... Read the full article
Guy Carpenter commissions Simplitium’s ModEx cat risk platform
17th May 2018
Reinsurance broker Guy Carpenter & Company, LLC has commissioned Simplitium, a global financial services solutions provider and subsidiary of Cinnober Financial Technology, to deliver a catastrophe risk modelling solution using its ModEx platform. ModEx, formerly known as Boat Oasis, is the first independent multi-vendor catastrophe risk modelling platform for the re/insurance ... Read the full article
Guy Carpenter works with CyberCube on new cyber risk modelling platform
1st May 2018
Guy Carpenter & Company has entered into a formal license agreement with CyberCube Analytics following a two year strategic partnership that delivered the industry’s first cyber risk modelling platform with an inside-out view of cyber exposure. CyberCube, which was formerly part of Symantec Corporation and is backed by investment from Trident ... Read the full article
Guy Carpenter promotes Fletcher to Chair, adds Morris as SVP in Bermuda
30th April 2018
Reinsurance brokerage Guy Carpenter has promoted its retrocessional leader John Fletcher to become the new Chairman of the firm’s Bermuda Operations and added a new Senior Vice President hire on the island. Fletcher has been with Guy Carpenter throughout his reinsurance broking career, having joined the firm in 1998. In his 30 ... Read the full article
Re/insurers with own view of risk less impacted by model changes: GC’s Imelda Powers
16th March 2018
Speaking with Reinsurance News, Imelda Powers, Global Chief Catastrophe Modeler at reinsurance broker Guy Carpenter, discussed the management of changes to models and the impact this can have on insurers and reinsurers, while underlining the importance of utilising the latest data and expertise within models to improve the industry's view ... Read the full article
Aon Benfield names new heads of Capital Advisory and Terrorism Specialty units
7th March 2018
Reinsurance broker Aon Benfield has announced the appointment of Eric Paire and Emma Karhan from Guy Carpenter, with the former set to lead its Capital Advisory unit, and the latter being named Head of Terrorism Specialty and Reinsurer Relationships in London. Reporting to Aon's Nick Frankland, UK Chief Executive Officer (CEO), Eric ... Read the full article
Guy Carpenter CEO Peter Hearn calls for more transparent cat modeling
31st January 2018
Guy Carpenter's Chief Executive Officer, Peter Hearn, made a case for greater industry-wide adoption of the open source catastrophe model, saying it improves firms' management of risk, adding better products and protection to the marketplace and benefiting the entire re/insurance value chain. “For over 25 years, these models have led us ... Read the full article
Capital efficiency strategies drive alternative capital interest: GC Securities
30th January 2018
The collateralized reinsurance and retrocession markets continue to expand despite the impacts of 2017 catastrophe events, as capital management and capital efficiency strategies drive interest in insurance-linked securities' (ILS) mechanisms, according to GC securities, the capital markets and ILS arm of reinsurance broker Guy Carpenter. In a discussion with Reinsurance News around ... Read the full article
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