Guy Carpenter News

Willis Re’s Livingston Joins Guy Carpenter in New Global Head of Sales Role

Reinsurance broker Guy Carpenter & Co. has named Jeffrey Livingston as global head of Sales, effective September 1. Livingston will also join the Guy Carpenter Executive Committee. In this newly created role, Livingston will be responsible for leading all of …

Marine Insurance Losses Likely to Be Under $250M from Beirut Port Blast: Carpenter

Insurance claims for damage to ships, goods and the port itself after a warehouse explosion last week in the port of Beirut were likely to total less than $250 million, reinsurance broker Guy Carpenter said on Monday. Overall insured losses …

Guy Carpenter Appoints Askew as Canada President and CEO, Succeeding Callahan

Guy Carpenter & Co., the reinsurance broker and unit of Marsh & McLennan Cos., announced the appointment of Peter Askew as president and CEO, of Guy Carpenter’s Canadian business, with immediate effect. Donald Callahan has stepped down from the role …

Guy Carpenter Names Mayer, Mowery, Crichton to Executive Committee

Reinsurance broker Guy Carpenter & Co., a business of Marsh & McLennan Cos., has appointed three new members to its Executive Committee. The new members are: Neil Mayer has been appointed chief operating officer for Guy Carpenter. In this role, …

Guy Carpenter Names Piatti as Managing Director of Global Risk Solutions

Guy Carpenter announced today the appointment of Andrea Piatti as a managing director, Global Risk Solutions. Piatti will be responsible for serving clients in the customized reinsurance space across Europe and Middle East and North Africa (MENA), including structured reinsurance …

Guy Carpenter Launches Hybrid Solutions UK with Willis Towers Watson’s Upton at Helm

Reinsurance broker Guy Carpenter & Co. announced the launch of Hybrid Solutions UK, a division of GC Fac, and the appointment of Laurence Upton, formerly with Willis Towers Watson in London, to lead the new operation. The Hybrid Solutions UK …

Guy Carpenter Names Lawrence from Willis Towers Watson as Head of GC Fac UK

Guy Carpenter & Co., the reinsurance brokerage division of Marsh & McLennan Cos., announced the appointment of Henry Lawrence as a managing director, GC Fac UK, effective August 17. Lawrence will be responsible for the U.S. region at GC Fac …

COVID-19 Could Rank Among Re/Insurance Sector’s Most Expensive Events: Carpenter

Although considerable uncertainty remains over its ultimate cost, the COVID-19 pandemic looks set to rank among the re/insurance sector’s most expensive events, according to a report published by reinsurance broker Guy Carpenter. Not only does the pandemic have the potential …

Lloyd’s Creates Single Body for Governance to Improve Speed, Efficiency of Decisions

Lloyd’s announced it has merged the Council of Lloyd’s with the Franchise Board, creating one body to govern the marketplace. The decision to merge the two entities was first announced in November 2019. ‘The combination of board and council will …

Guy Carpenter Launches Probabilistic Philippines Flood Model

Guy Carpenter & Co., the reinsurance broker and subsidiary of Marsh & McLennan Cos., announced the launch of a new Philippines Flood Model. The probabilistic model provides countrywide coverage and enables insurers to assess flood exposure, one of the most …