Guy Carpenter
-
A US landfall is not expected, but the storm could hit the Bahamas by Friday. -
EMEA CEO Laurent Rousseau said reinsurance must retain its relevance to investors.
-
Nick Fallon is the latest in a string of retro-broker moves in the market.
-
The trend for private credit in alternative asset management is “set to continue”.
-
Matthew Flynn joins from RenaissanceRe.
-
In the US, the index fell 6.7% year on year.
-
A group of Bermuda staff also left the broker.
-
The Bermuda-based team is led by John Fletcher.
-
The headcount at the start-up now stands at around 40.
-
The catastrophe bond comes after the issuance of a Mayflower Re bond last year.
-
His leadership roles included overseeing the firm’s capital solutions group.
-
The terrorism pool has shifted its programme from facultative to an XoL arrangement.
-
Guy Carpenter said personal lines exposure would account for 85% of the aggregate loss.
-
The broker estimated ILS capital has reached $107bn.
-
Magnani has served for more than 14 years in ILS broking roles.
-
The panelists discussed the ILS reset and the path to maintaining discipline in this sector.
-
Francine has been the eighth Category 2 or larger storm to make landfall in Louisiana since 2000.
-
Demand for peak peril retro increased significantly in Q2 2024.
-
The broker said it expects strong ILS capital inflows to continue.
-
Sources said Guy Carpenter has promoted Jennifer Paretchan to succeed Mowery.
-
The broker said less than 1% of companies globally with cyber insurance were impacted.
-
The rise is equal to 5%-10% of catastrophe capacity purchased, including cat bonds, depending on region.
-
Two-thirds of Guy Carpenter’s clients bought more coverage in H1.
-
The flattish outcome comes after a larger year-on-year hike in January.
