Guy Carpenter & Company News

Guy Carpenter Says Wildfire Losses May Exceed $1.75B

A briefing from Guy Carpenter & Company, LLC on Monday shows more than 9 million acres were burned by wildfires so far this year, most of that occurring in the Western U.S, and that insured losses from wildfires could approach …

Guy Carpenter Confirms Slowing of Pricing Declines in June Renewals

Guy Carpenter & Company, LLC, has reported that “after two years of price decreases averaging 15 percent on U.S. property catastrophe placements, risk-adjusted pricing moderated at the most recent June renewals. “Price declines moderated to decreases averaging in the high …

Guy Carpenter Launches Probabilistic European Hail Model

Guy Carpenter & Company, LLC, the global risk and reinsurance specialist and wholly owned subsidiary of Marsh & McLennan Companies, announced the launch of its new probabilistic hail model for Europe. The bulletin said the “G-CAT® Hail Model features a …

Smith to Head Guy Carpenter’s EMEA and Int’l. P&I Business

Guy Carpenter & Company, LLC, the global risk and reinsurance specialist and member of Marsh & McLennan Companies, announced the appointment of Simon Smith as Head of EMEA & International P&I Business, effective September 1st. He will be responsible for …