All Guy Carpenter articles
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NewsGuy Carp: Willis Re “talking out of both sides of its mouth” in LatAm hires dispute
Guy Carpenter and several recent hires to its Latin American group have asked a Florida circuit court to dissolve a temporary injunction granted to Willis Re, in a filing that alleges Willis Re’s arguments before the court are contradicted by statements made to regulators assessing the Aon-Willis merger.
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News
Pool Re confirms record £2.475bn limit at XoL treaty renewal
Pool Re has confirmed the placement of its three-year excess of loss retrocession programme which has seen its limit rise to a record high £2.475bn ($3.461bn), as revealed by The Insurer earlier this week.
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News
Aon wins Australian terror pool account from rival GC
Aon has replaced rival Guy Carpenter as the sole intermediary on the industry’s second largest global terrorism pool reinsurance placement, The Insurer can reveal.
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Analysis
Aon-Willis Re combined 2020 reinsurance revenues top ~$2.5bn
Although Q4 typically only accounts for around 10 percent of reinsurance broker annual revenue, strong organic growth from Aon helped cement its position as the largest standalone firm in the sector, while Willis Re’s 22 percent showing means that the combined businesses would top $2.5bn in 2020 revenues, analysis by ...
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News
Guy Carp latest to concede to RMS’ new terms but highlights client alternatives
Guy Carpenter has become the latest reinsurance broker to sign up to RMS’ tougher usage terms, which have raised tensions and even prompted rival intermediaries and carriers to explore alternative cat modelling capabilities rather than rely on the dominant, California-headquartered firm, The Insurer can reveal.
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Gallagher adds Haine to specialty division as managing partner
Arthur J Gallagher has announced that Guy Carpenter’s Matthew Haine has joined its specialty division as managing partner of its property practice.
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News
MMC chooses Ambitious about Autism as UK charity partner
Marsh McLennan Companies (MMC) has committed to promoting neurodiversity within the workplace after its UK staff voted for Ambitious about Autism to be the broking giant’s charity partner for the next three years.
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News
MMC expects organic growth of 3-5% for 2021: Glaser
Marsh McLennan Companies is forecasting full-year 2021 underlying – or organic – revenue growth in the 3-5 percent range, further margin expansion and solid growth in adjusted earnings per share, based on its economic recovery outlook.
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News
MMC generates 1% organic growth in 2020 after strong Q4 at Marsh and GC
Marsh McLennan Companies (MMC) generated better-than-expected full-year underlying growth of 1 percent in 2020, with expansion in the company’s (re)insurance broking businesses offsetting a contraction within its consulting units.
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News
Florida judge blocks Willis Re LatAm defectors from contacting former clients
Eight of the senior brokers who recently defected from Willis Re’s Latin America operations to join rival Guy Carpenter have been ordered to have no contact with their former clients for two years.
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Guy Carpenter: Property renewals at lower end of expected increases
Reinsurance broker Guy Carpenter has added to the emerging consensus that property pricing generally settled at the lower end of expected increases at 1 January, with ample capacity available from incumbents and new entrants.
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MMC pays tribute to former CEO Frank Tasco
Marsh McLennan (MMC) has paid tribute to former chairman and CEO and “legend in the industry” Frank Tasco, who recently passed away.
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News
CCR Re hires Guy Carp’s Adams to head up French treaty underwriting
CCR Re has brought in Elizabeth Adams from Guy Carpenter to lead its treaty underwriting operations in France.
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News
Guy Carp LatAm hire Phillips hits back at Willis Re in injunction fight
Former Willis Re Latin America and Caribbean chairman Anthony Phillips, who resigned last month to join Guy Carpenter, has hit back at his former employer’s attempt to dismiss his lawsuit seeking to invalidate his non-solicitation clause, while revealing details of the brokerage fees at stake from his biggest clients.
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News
Hiscox working with GC on ~$650mn Lloyd’s legacy transaction
London-listed Hiscox has appointed Guy Carpenter to market a portfolio of back year liabilities written through its Lloyd’s platform with reserves of approximately $650mn, The Insurer can reveal.
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News
GC names Keslowitz as head of US life reinsurance
Guy Carpenter has appointed Benjamin Keslowitz as US life leader with immediate effect.
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News
Guy Carpenter names Gen Re’s Toffanello head of Japan
Guy Carpenter has announced the appointment of former Gen Re executive Pietro Toffanello as head of Japan.
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News
Guy Carpenter names Shephard head of GC Access International
Guy Carpenter has named former Aon executive Miles Shephard as managing director and head of GC Access, International, effective October 2021.
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News
QBE returns to the legacy market with $400mn+ dual US back-year deals
QBE is re-testing the legacy market’s appetite for a circa $300mn portfolio of US back-year liabilities after an initial process announced early in the second quarter did not conclude with a buyer, The Insurer can reveal.
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News
Guy Carp’s new LatAm hire Phillips denied TRO against Willis Re
Former Willis Re Latin America and Caribbean chairman Anthony Phillips – one of a more than 20 strong team that resigned to join Guy Carpenter – has been denied a temporary restraining order (TRO) against his former employer as he seeks to invalidate his non-solicitation clause.
