Guy Carpenter News

Cyber Attacks, Terrorism Are Top Emerging Risks for 2015: Guy Carpenter

Cyber attacks and terrorism are ranked among the top emerging risks concerning the (re)insurance industry in the year ahead, according to a survey released by Guy Carpenter & Co. According to the findings, new products, expansion into new geographic markets …

Carpenter Report Details Impact of 2004 & 2005 Hurricane Seasons

Guy Carpenter & Company released Part II of the two-part Ten-Year Retrospective of the 2004 and 2005 Atlantic Hurricane Seasons. Part II focuses on the 2005 hurricane season and the cumulative effects of both the 2004 and 2005 seasons on …

Guy Carp’s Vice Chairman Explains Multiple Tasks of a Modern Reinsurance Broker

Following a presentation from Guy Carpenter, moderated by the CEO Alex Moczarski, we caught up with the company’s Vice Chairman David Priebe, who explained just what’s involved in operating one of the world’s largest reinsurance brokers in this new era. …

Guy Carpenter Promotes Reina to CEO Continental Europe, MENA

Guy Carpenter has announced that Massimo Reina has been promoted to the position of CEO of Continental Europe and MENA [Middle East/North Africa], with immediate effect. He succeeds Peter Stubbings, who has taken up the position of Chairman of Guy …

Global 2013 Cat Losses at $40 Billion Were ‘Below Average’ – Guy Carpenter

Guy Carpenter & Company, LLC, the leading global risk and reinsurance specialist and member of Marsh & McLennan Companies, 2013 Catastrophe Review concludes that “natural catastrophes and man-made disasters in 2013 resulted in insured losses of approximately $40 billion. Following …

Guy Carpenter Says ‘Global Warming’ a Reality – Citing IPCC Report

An article from Guy Carpenter states: “According to the IPCC Fourth Annual Assessment Report (AR4), the scientific consensus is that global warming is indeed an established scientific fact. The evidence is undeniable, and includes: 1. Increasing air temperatures 2. Increasing …

Guy Carpenter Report Finds Lloyd’s Seeking to Improve ‘Competitiveness’

A new report on the Lloyd’s insurance market by Guy Carpenter & Co. finds that “Lloyd’s is looking to improve its global competitiveness despite mounting challenges including low investment returns, record catastrophe losses, subdued economic growth in developed markets and …

Guy Carp’s July 1 Renewals Report: ‘Plentiful Capacity;” Low Insured Losses

According to a report from Guy Carpenter the July first reinsurance renewals “took place against a backdrop of plentiful capacity,” as capital “has continued to strengthen through the second quarter of 2012, moderating pricing pressures.” Guy Carp noted that, “although …

Guy Carpenter Report Focuses on Asia-Pacific 2011 ‘Climate Issues’

The Guy Carpenter Asia-Pacific Climate Impact Centre (GCACIC), a joint initiative of Guy Carpenter and City University of Hong Kong, has released its third annual report, which presents the findings of the 27 research projects conducted by GCACIC members on …

Guy Carpenter Names New CEO, COO for U.S. Operations

Guy Carpenter & Co. LLC, a global risk and reinsurance intermediary division of N.Y.-headquartered Marsh & McLennan Companies, appointed Andrew Marcell as chief executive officer of U.S. operations and Pete Chandler as chief operating officer of U.S. operations. The new …