Guy Carpenter News

P/C Reinsurers Maintain Underwriting Discipline, Despite Rising Capacity: Guy Carpenter

Property and casualty reinsurers have displayed underwriting discipline during this year’s renewals, continuing with rate corrections that began several years ago, despite the pressures of abundant capacity. Prices continued to harden during the first half of 2021 – albeit with …

A 9/11 Remembrance From Former Carpenter Chairman Newhouse

In remembrance of the 20th anniversary of the Sept. 11, 2001 terrorist attacks, we are republishing an August 2018 article, which contains the recollections of Britt Newhouse, former chairman of reinsurance broker, Guy Carpenter. Newhouse worked in the second World …

Lloyd’s Council Appoints Guy Carpenter’s Carter as 1st Female Deputy Chair

Lloyd’s announced the appointment of Vicky Carter as deputy chair of Lloyd’s, effective Sept. 1, 2021. Carter has been an elected member of Lloyd’s Council since February 2019 and has worked in the Lloyd’s market for 40 years, starting her …

People Moves: Aon Cyber Appoints Bixby; Guy Carpenter Adds 2 from Willis Re, Zywave Names 3 Senior Leaders

Hacking Expert Bixby Joins Aon Cyber Solutions Aon has appointed Adam Bixby as the new managing director, Proactive Security leader, for Cyber Solutions North America. Bixby is responsible for the Proactive Security practices, advisory and testing, leading business development, service …

Guy Carpenter Launches Suite of Climate Advisory and Modeling Services

Guy Carpenter & Co., the reinsurance business of Marsh McLennan, announced the launch of a suite of climate advisory and modeling services, as companies look to develop and integrate robust climate change strategies into their overarching environmental, social and governance …

People Moves: 3 Promoted at Carpenter and Marsh; Chesman to McGill & Partners; Millwater Heads Global Insurance at Acrisure

These International People Moves detail appointments at four brokers: Marsh, Guy Carpenter, McGill and Partners, and Acrisure. A summary of these new hires follows here. Leading insurance broker and risk adviser Marsh, and its reinsurance broking subsidiary Guy Carpenter announced …

People Moves: Willis Re’s Johns and Aon’s O’Donoghue to Carpenter; Garzon Succeeds Laidlaw at McLarens’ LatAm Business

Guy Carpenter & Co., the reinsurance business of Marsh McLennan, announced the appointments of James Johns as managing director, effective Aug. 12, 2021, and Joshua O’Donoghue as senior vice president, effective Nov. 8, 2021, within its Non-Marine Specialty division. In …

People Moves: Aon’s Cook to Carpenter; Meyer Promoted to Chord Re CEO; Rocco Leads Everest Transformation

This wrap-up of International People Moves details recent appointments at Guy Carpenter, Chord Re, and Everest Re. A summary of these new hires follows. Guy Carpenter Reinsurance broker Guy Carpenter & Co. announced the appointment of Sebastian Cook as managing …

Guy Carpenter Launches Asia Pacific Capital Advisory Group

Guy Carpenter & Co., reinsurance specialist and a unit of Marsh McLennan, announced the launch of its Capital Advisory Group in Asia Pacific, with the appointments of Michael Owen and Hussain Ahmad to lead this new operation. The capital pressures …

Lloyd’s Launches Parametric Earthquake Insurance Policy in New Zealand

Lloyd’s has launched a parametric earthquake insurance policy in New Zealand, in partnership with start-up Bounce Insurance, which uses cutting-edge technology and real-time data to automatically pay customers within five days of a strong earthquake. The new product, also called …