All Guy Carpenter articles
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NewsGuy Carp’s UK and global specialties chair Fisher to retire
Longtime Guy Carpenter UK and global specialties leader Kevin Fisher has announced internally that he plans to retire from the firm, The Insurer understands.
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Guy Carp confirms Petka as GC Access president following Howden-bound exits
Guy Carpenter has this morning confirmed the appointment of Matt Petka as president of GC Access North America and branch manager of its Dallas, Texas office, a move first revealed by this publication earlier this month.
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GC’s Cordonnier: Cyber reinsurance market needs 20-30% extra capacity each year “just to stand still”
Cyber reinsurance capacity must grow by 20-30 percent each year to meet the growing demand from primary carriers, Guy Carpenter managing director and co-head of cyber Anthony Cordonnier has warned.
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Petka takes over from Jameson as GC Access president
Guy Carpenter has appointed Matt Petka as president of its MGA and programs-focused GC Access unit in place of Howden RE-bound Michael Jameson, The Insurer can reveal.
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Howden RE’s GC Access raid stakes claim in programs space
The move by Howden RE to swoop for the leadership of GC Access and a growing number of the division’s team members is being seen as an audacious move that paves the way for the challenger reinsurance broker to take a leading position in the burgeoning programs and MGA sector.
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Guy Carp programs exits to Howden RE climbs to 13
Howden RE’s raid on Guy Carpenter’s programs arm GC Access now includes at least 13 staffers in total, with the UK-based intermediary taking more junior-level broking and support staff, The Insurer can reveal.
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Howden Re in audacious raid of GC Access as 10+ team resigns
Howden Re has made another audacious swoop for Guy Carpenter talent, recruiting a large Dallas-based reinsurance team focused on regional insurers, MGAs and the buoyant $60bn+ US program market, The Insurer can reveal.
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Axa XL seeking 38% cede on $2.5bn financial lines quota share
Axa XL and its reinsurance broker Guy Carpenter have gone to market seeking a 38 percent ceding commission on the carrier’s $2.5bn financial lines quota share in a move that will test reinsurers’ appetite for how high ceding commissions can go, The Insurer can reveal.
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Marsh McLennan posts 10% organic growth in “excellent” first quarter
Marsh McLennan has delivered underlying growth of 10 percent for the first quarter with adjusted earnings per share (EPS) of $2.30 coming in above analyst consensus of $2.14.
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Everest mourns passing of “beloved colleague” Mango, names Moskowitz CRO
Everest Re has lost “a beloved colleague and friend” with the passing of chief risk officer (CRO) and chief actuary Don Mango, the company’s president and CEO Juan Andrade has said.
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“Industry trailblazer” Don Mango passes away following illness
Respected longstanding actuarial executive Don Mango has sadly passed away following an extended period of illness.
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Guy Carpenter estimates major industry losses of $28bn to $30bn in Q1
Insured losses from natural and man-made catastrophes during the first quarter of 2022 will likely fall in the $28bn to $30bn range, according to a preliminary estimate from Guy Carpenter.
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GC swoops for Enoizi to lead new global public sector division
Pool Re’s outgoing CEO Julian Enoizi is to head a new global public sector practice at Marsh McLennan’s reinsurance arm Guy Carpenter, The Insurer can reveal.
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WR Berkley eyeing consolidating stand-alone cyber QS into PL treaty
WR Berkley is in the market to place its 1 April professional liability and cyber reinsurance treaties and is considering with its broker Guy Carpenter rolling its stand-alone cyber placement into its core professional liability deal, The Insurer can reveal.
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GC shuffles fac leadership with Guerriero to become global chair
Guy Carpenter has reshuffled its facultative leadership team with Frank Guerriero to become global fac chairman and Ron Schmitz retiring after 26 years with the firm, The Insurer can reveal.
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Marsh McLennan names Brennan GC as Biden-pick Beshar departs
Marsh McLennan has appointed Katherine Brennan senior vice president and general counsel, succeeding Peter Beshar who on Thursday was confirmed as general counsel of the US Department of the Air Force.
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Howden and Guy Carpenter settle Maltese poaching dispute
Howden and Guy Carpenter have reached a settlement over a reinsurance poaching dispute relating to the defection of 31 employees including former vice chairman of global specialties Bradley Maltese from the Marsh McLennan subsidiary to its smaller rival last year.
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Berkshire Hathaway Re hires legacy specialist Harnick from GC
Berkshire Hathaway Reinsurance Group has hired legacy transaction specialist Michelle Harnick from Guy Carpenter.
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Marsh McLennan reports 10% organic growth in narrow Q4 beat
Marsh McLennan has delivered underlying growth of 10 percent for Q4 while adjusted earnings per share of $1.36 came in narrowly above analyst consensus.
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Guy Carpenter: Many cedants leveraged casualty to complete “tougher” property placements at 1.1
In an interview with The Insurer TV, Guy Carpenter executives David Priebe and John Trace identified the wide range of views on inflation and many buyers leveraging their casualty placements to get their property programs completed as two trends to emerge from a “nerve-racking” 1.1 renewal.
