Guy Carpenter News

Appetite for Cat Exposures Returns; Reinsurers Stay Disciplined in Mid-Year Renewals

Capacity was more readily available during the mid-year renewals, which brokers described as “orderly,” in comparison to the turbulent January renewals. At the same time, prices saw some moderating trends while reinsurers continued to maintain underwriting discipline, according to reports …

Guy Carpenter Completes Acquisition of Re Solutions in Israel

Guy Carpenter, the reinsurance business of Marsh McLennan, announced it had completed its previously announced acquisition of Re Solutions, the leading independent reinsurance broker in Israel. Terms of the transaction were not disclosed. With immediate effect Re Solutions has become …

People Moves: BMS Re Names O’Brien as VP in Bermuda; Guy Carpenter Appoints Howden Tiger’s Warwick as Head of GC Access Asia Pacific

This edition of International People Moves details appointments at reinsurance brokers BMS Re and Guy Carpenter. A summary of these new hires follows here. BMS Re Names O’Brien as VP in Bermuda BMS Re, the specialty reinsurance arm of the …

People Moves: Liberty Specialty Mkts Taps AXA XL’s Prato as London President; Carpenter Names Howden’s Cacia as Italy CEO; 2 Key Broking, Analytics Roles Also Hired

This edition of International People Moves details appointments at Liberty Specialty Markets and Guy Carpenter. A summary of these new hires follows here. Liberty Specialty Markets Names AXA XL’s Prato as London President Liberty Specialty Markets (LSM), part of Liberty …

People Moves: Guy Carpenter Expands Cyber Team With Key Appointments; Aspen Appoints AXA XL’s Welch as Chief Underwriting Officer, Reinsurance

This edition of International People Moves details appointments at Guy Carpenter and Aspen Insurance Holdings. A summary of these new hires follows here. Guy Carpenter Expands Cyber Team With Key Appointments to Global Team Guy Carpenter, the reinsurance business of …

Guy Carpenter Names Rousseau CEO of EMEA and Global Capital Solutions

Guy Carpenter announced the appointment of Laurent Rousseau to the newly created position of Guy Carpenter CEO of EMEA and Global Capital Solutions, effective September 4, 2023. Rousseau will be located in London and will report to Dean Klisura, Guy …

Marsh McLennan’s Guy Carpenter to Buy Israeli Reinsurance Broker, Re Solutions

Guy Carpenter, the reinsurance specialist business of Marsh McLennan, announced it will acquire Re Solutions, the leading independent reinsurance broker in Israel. Terms of the transaction, which is expected to close later this quarter, were not disclosed. Founded in 2010, …

People Moves: Aspen Appoints Boon Head of Singapore; Liberty Mutual Hires Patrick Thielen Global Head of Cyber; Guy Carpenter Makes Senior Moves in Europe

Aspen Appoints Boon as Head of Singapore; Morely Relocates to London Aspen Insurance Holdings Limited has appointed industry veteran Tay Boon Chuan as head of Singapore, effective June 1. Aspen is headquartered in Hamilton, Bermuda. Boon joins Aspen after 12 …

Broker Sues Over Unethical ‘Raid’ of 38 Staff in UK Poaching Row

Marsh & McLennan Cos.’s reinsurance broker sued a London rival, saying it secretly planned an unethical “raid” of 38 people across Europe, in the latest lawsuit to pore over clandestine staff poaching allegations. Guy Carpenter & Co. said that its …

Marsh McLennan Reports ‘Strong Start’ to Year With Restructuring Program on Track

Marsh McLennan Companies Inc. reports “a strong start” to 2023, generating 9% underlying revenue growth in the first quarter on top of 10% growth in the first quarter of last year, according to John Doyle, president and chief executive officer. …