Guy Carpenter’s Chief Economist on Opportunities for Profitable Growth: In honor of her being awarded Insurance Woman of the Year by the Association of Professional Insurance Women, we highlight Joan Lamm-Tennant’s recent article that appeared on GC Capital Ideas. Joan is Guy Carpenter’s Chief Economist and Risk Strategist.
2013 Reinsurance Renewals: As we look toward the June 1 reinsurance renewal next week, here we review the key GC Capital Ideas stories that have covered the prior renewals this year.
Guy Carpenter’s Aidan Pope Named Latin America Reinsurance Broking CEO of the Year: Guy Carpenter is pleased to announce that Aidan Pope has been named “Latin America Reinsurance Broking CEO of the Year” at the Reactions Latin America Awards 2013. Mr. Pope is CEO of Latin America and Caribbean (LAC) Operations for Guy Carpenter and is also on the firm’s Board of Managers.
Guy Carpenter Asia-Pacific Climate Impact Centre Publishes Fourth Annual Report on Climate Issues: The Guy Carpenter Asia-Pacific Climate Impact Centre (GCACIC), a joint initiative of Guy Carpenter and City University of Hong Kong, today released its fourth annual report presenting the findings of the GCACIC’s research activities from the past year. The report details the findings of 22 projects conducted by the GCACIC, which focus on climate problems in the Asia-Pacific region as well as on a global scale.
Chart: 2013 144A Catastrophe Bond Issuance: Details on each transaction completed during 2013 year to date are presented.
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Chart: Risk Capital Outstanding: Total risk capital outstanding increased during the first quarter of 2013, reaching an all-time high water mark of USD15.0 billion - up from USD14.83 billion at year-end 2012, representing a net increase of 1.13 percent (USD168 million).
* Securities or investments, as applicable, are offered in the United States through GC Securities, a division of MMC Securities Corp., a US registered broker-dealer and member FINRA/SIPC. Main Office: 1166 Avenue of the Americas, New York, NY 10036. Phone: (212) 345-5000. Securities or investments, as applicable, are offered in the European Union by GC Securities, a division of MMC Securities (Europe) Ltd., which is authorized and regulated by the Financial Services Authority. Reinsurance products are placed through qualified affiliates of Guy Carpenter & Company, LLC. MMC Securities Corp., MMC Securities (Europe) Ltd. and Guy Carpenter & Company, LLC are affiliates owned by Marsh & McLennan Companies, Inc. This communication is not intended as an offer to sell or a solicitation of any offer to buy any security, financial instrument, reinsurance or insurance product.