Guy Carpenter Launches New Mutual Company Specialty Practice: Guy Carpenter announced the launch of its new Mutual Company Specialty Practice, which will focus exclusively on the unique needs of mutual insurance companies. The practice will consist of a team of seasoned professionals dedicated to helping mutual company clients protect their capital and grow profitably.
Chart: Combined Ratio, Guy Carpenter Reinsurance Composite, Q1 2013: Presents combined ratio for the Global, European and Bermuda Guy Carpenter Global Reinsurance Composites.
Chart: Return on Equity Guy Carpenter Reinsurance Composite, Q1 2013: Presents return on equity for the Global, European and Bermuda Guy Carpenter Reinsurance Composites.
Specialty Insurance Program Market Poised for Growth Opportunities in 2013: Guy Carpenter released the findings of its eighth annual Specialty Insurance Program Issuing Carrier Survey. The survey, which analyzes trends and benchmarks movement in the Program Administrator and Managing General Agency (PA/MGA) market, reveals that the PA/MGA market continues to thrive and is well-positioned for growth in the year ahead.
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Chart: Alternative Capacity as a Percentage of Global Property Catastrophe Reinsurance Limit: The increasing influence of alternative capacity is demonstrated by the chart below, which shows the growth of convergence capacity as a percentage of global property catastrophe limit from 2008 to 2013 (projected).