Guy Carpenter
Marsh records 5% Q1 revenue increase
Broker Marsh has reported a 5% increase in revenue for Q1 2014 up to $1.45bn (£854m) from $1.38bn in 2013.
Guy Carpenter appoints Utkueri to head Turkish operations
Guy Carpenter & Company has appointed Okan Utkueri as managing director and head of the broker’s Turkish operations as it seeks to expand its presence in the region.
External forces driving risk management transparency says Guy Carp
Transparency on risk management targets and practices is improving according to reinsurance broker Guy Carpenter, with regulatory and market forces said to continue the trend.
Guy Carp announces string of promotions
Guy Carpenter has appointed Massimo Reina as its Continental Europe, Middle East and North Africa chief executive among a string of other promotions within the business.
Guy Carpenter unveils satellite catastrophe evaluation
Reinsurance broker Guy Carpenter has launched a new satellite-based catastrophe evaluation service, GC CAT-VIEWSM.
Guy Carpenter launches cyber practice
Guy Carpenter has launched a cyber-solution specialty practice to develop cyber reinsurance to address the increasing risks associated with cyber security.
Marsh reports 2013 profits up £91m
Broking giant Marsh has seen profits climb through 2014 to $1.45bn (£881m) for its insurance and reinsurance operations.
Oasis project director says framework will cut costs and increase transparency
Loss-modelling platform includes models for flood, earthquake and tsunami.
Aon Benfield or Guy Carpenter tipped to take on Flood Re reinsurance role
Scheme’s organisers say summer 2015 implementation target will be met.
Industry-owned cat modelling framework launches
An industry-owned catastrophe modelling framework has launched today aiming to reduce costs and increase flexibility for its users.
Reinsurance renewals remain ‘tough’ despite reduced concerns over PPOs
Insurers benefiting from non-motor rate reductions across the board.
Alternative reinsurance capacity 'here to stay' after record 2013 ILS issuance
Insurers will continue to find plentiful reinsurance capacity for property-catastrophe risks following rate reductions secured in the January 2014 renewals, according to Guy Carpenter.
Catastrophe reinsurance premiums down 11%
Rates for property-catastrophe reinsurance tumbled 11% in 2014 renewals figures from Guy Carpenter revealed.
GC Securities selected as sole financial advisor for Canopius sale
Guy Carpenter’s GC Securities is acting as the sole financial advisor to the shareholders of Canopius in the sale to NKSJ Holdings, through its insurance subsidiary Sompo Japan Insurance.
Brokers confident US has learnt from Sandy amid quiet hurricane season
Experts’ predictions of an active period have not come to pass in 2013.
Market Moves: Axa leads the way with a batch of new recruits as Hanks re-emerges at Liberty
Insurance industry recruitment picked up this week, with insurers and brokers alike busy hiring new staff. Axa was among the most prolific, while HCC, AIG, Bluefin and Keelan Westall were also active. The week also saw the return of former Allianz boss…
Woods appointed co-chairman of GC's mutual company specialty practice
Guy Carpenter & Company has appointed that John “Jay” Woods as co-chairman of the recently formed mutual company specialty practice.
Guy Carpenter names PSG executive for France, Iberia and Italy
Guy Carpenter has announced Dorothée Mélis-Moutafis is to become managing director of the firm’s Property Solutions Group, taking specific responsibility for France, Iberia and Italy.
Guy Carpenter unveils Greek and Cypriot venture
Guy Carpenter & Company has made a major strategic investment in a new venture designed specifically to help develop business in Greece, Cyprus and adjacent countries.
Insurance veteran Keith Fenwick to chair equity firm
Keith Fenwick has been appointed chair of Fusion AI Partners’ advisory board.
Downward pressure on reinsurance rates to continue
Reinsurance market rates on line will continue to be driven by an influx of capital from third-party investors at the July 1 renewals, according to a report by Guy Carpenter & Company.
Guy Carpenter launches mutual specialty practice
Guy Carpenter has launched a specialty practice focusing on mutual insurance companies.
Market looks to politicians to overcome Dutch flood stalemate
The Dutch Minister of Infrastructure and Environment plans to intervene in the flood debate raging in the Netherlands in a bid to overcome the current stalemate.
Integro confirms departure of international division bosses
Integro has confirmed the departure of the co-heads of its international division Ron Whyte and Julian Samengo-Turner.