Guy Carpenter News

Carpenter Launches New Version of Client Portfolio, Risk Management Platform

Guy Carpenter & Co. announced the launch of GC AdvantagePoint® 2.0, the latest release of its client portfolio and risk management platform. With GC AdvantagePoint 2.0, clients are able to easily leverage the technology to make strategic decisions through the …

2015 Global Insured Losses Lowest Since 2009 Despite El Niño Effects: Carpenter

One of the strongest El Niño periods on record and a positive phase of the North Atlantic Oscillation were the climate drivers in 2015 that led to an exceptional season of Pacific tropical storms and severe windstorms and flooding in …

UK’s Pool Re Renews Reinsurance Cover for Another 3 Years

Pool Re announced it has renewed the reinsurance cover purchased in 2015, for a further three years. The renewed cover, which now includes an additional layer, provides £1.95 billion ($2.8 billion) of commercial reinsurance compared with £1.8 billion ($2.6 billion) …

UK’s Flood Re Secures $3B Reinsurance Program; Scheme to Launch in April

Flood Re, the UK’s new flood reinsurance scheme, has successfully secured a £2.1 billion ($3 billion) multi-year reinsurance program. Flood Re, based in London, will begin operating in April. In an oversubscribed second phase of the tender process, Flood Re …

2015 Cat Bond Activity Down Slightly from Record Levels in 2014: GC Securities

While property and casualty catastrophe bond primary issuance levels were “uncharacteristically low” in the fourth quarter of 2015, totals at year-end were only slightly lower than the all-time high levels reported in 2014, according to GC Securities, a division of …

Carpenter Appoints Miller-van der Schild as Managing Director of Benelux Unit

Guy Carpenter & Co. has appointed Susanne Miller-van der Schild as managing director, Guy Carpenter Benelux, effective 1 February. Miller-van der Schild will be responsible for further developing Guy Carpenter’s platform in the region, and in particular strengthening its position …

Guy Carpenter Launches EMEA Advisory Council to Support Its Regional Growth

Guy Carpenter & Co. has established an EMEA Advisory Council to support its growth plans in the region. The council is specifically designed to provide advice and to inform the EMEA regional leadership’s strategy and its implementation, said Guy Carpenter …

Costly Tianjin Blasts Have No Effect on Marine Reinsurance Prices: Carpenter

Reinsurance rates in the marine sector continued to fall at the start of the year, in spite of the huge cost of explosions at China’s Tianjin port last August, reinsurance broker Guy Carpenter said on Thursday. Rising competition to offer …

Capital Stabilizes, Prices Keep Softening During Jan. 1 Renewals: Guy Carpenter

Reinsurance capital levels stabilized during the Jan. 1, 2016 renewals – showing no growth for the first time in several years – and prices continued to soften, according to Guy Carpenter & Co.’s global January renewal report. The scarcity of …

Guy Carpenter Appoints Meyenhofer as Head of Global Partners for EMEA

Guy Carpenter & Co. has appointed of Matthias Meyenhofer as managing director to lead the firm’s Global Partners client segment for EMEA. He will be responsible for improving and expanding the range of services provided to large clients across the …