Posts Tagged ‘capacity’



July 19th, 2017

Excess Capacity in This Year’s Florida Market: Part V; Assignment of Benefits Crisis: Lara Mowery

Posted at 1:00 AM ET

mowery_lara_bio5In an interview Guy Carpenter’s Lara Mowery, Managing Director, discussed the drivers of the continuing rate reductions in Florida and what it means for the rest of the market. Here she discussed the assignment of benefits crisis in Florida on this year’s June 1 renewals.

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July 18th, 2017

Excess Capacity in This Year’s Florida Market: Part IV; Hurricane Matthew: Lara Mowery

Posted at 1:00 AM ET

mowery_lara_bio4In an interview Guy Carpenter’s Lara Mowery, Managing Director, discussed the drivers of the continuing rate reductions in Florida and what it means for the rest of the market. Here she discussed Hurricane Matthew’s impact on this year’s June 1 renewals.

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July 17th, 2017

Excess Capacity in This Year’s Florida Market: Part III; Florida’s Citizens: Lara Mowery

Posted at 1:00 AM ET

mowery_lara_bio3In an interview Guy Carpenter’s Lara Mowery, Managing Director, discussed the drivers of the continuing rate reductions in Florida and what it means for the rest of the market. Here she discussed the role of Florida’s Citizens, the state’s insurer of last resort, in this year’s June 1 renewals.

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July 13th, 2017

Excess Capacity in This Year’s Florida Market: Part II: Lara Mowery

Posted at 1:00 AM ET

mowery_lara_bio6In an interview Guy Carpenter’s Lara Mowery, Managing Director, discussed the drivers of the continuing rate reductions in Florida and what it means for the rest of the market. Here she discussed the role of excess capacity at the June 1 renewals.

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July 12th, 2017

Excess Capacity in This Year’s Florida Market: Part I; The Role of ILS: Lara Mowery

Posted at 1:00 AM ET

mowery_lara_bio1The Florida peninsula is the most important market for property reinsurance in the world. Each summer, the third most populous state in the union braces itself for another Atlantic hurricane season. In Florida’s esoteric insurance market, insurers buy reinsurance protection at the beginning of June each year.

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June 28th, 2017

Guy Carpenter Launches GC Asia Pacific Retro

Posted at 11:00 PM ET

Guy Carpenter & Company today launched GC Asia Pacific Retro, a new unit offering dedicated retrocession services to clients in the Asia Pacific region.

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January 30th, 2017

Public Sector Risk Financing Perspectives – Terror Risk: Part II

Posted at 1:00 AM ET

emma-karhan-smEmma Karhan, Managing Director

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The dynamic of pricing decrease and oversupply of capital has also been driven by the industry’s need to diversify into non-natural catastrophe lines of business in the current economic environment, and the fact that the terror market has a loss ratio of almost zero percent. In 2015, Swiss Re’s Sigma report calculated that 27 terrorist events resulted in 1082 fatalities, but no insured losses. Unlike other lines of business, recent pricing and capacity trends have not been driven by a better technical understanding of the impact of losses that normally translates into improved peril understanding or advances in pricing or modeling techniques. This has generally inhibited the industry from expanding its product base for terrorism in line with the evolution of the peril, concentrating more on supporting the pools and the current established bounds of insurable loss.

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January 26th, 2017

Public Sector Risk Financing Perspectives – Terror Risk: Part I

Posted at 1:00 AM ET

emma-karhan-sm1Emma Karhan, Managing Director

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The (re)insurance industry should look towards closing the gap between economic and insured terror losses.

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January 5th, 2017

Guy Carpenter Reports Moderating Reinsurance Pricing Decline at January 1, 2017 Renewals

Posted at 7:00 AM ET

Guy Carpenter & Company reports the decline in reinsurance pricing moderated at the January 1, 2017 renewal across most classes of business and geographies, as compared to the past three renewal seasons.  Several sectors experienced increased loss activity, which had only a localized impact on pricing while capacity remained plentiful. After remaining fairly stable in 2015, dedicated reinsurance capital increased by 5 percent from January 1, 2016 to January 1, 2017 as calculated by Guy Carpenter and A.M. Best. The convergence capital segment increased by 10 percent.

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August 22nd, 2016

Chart: Evolution of Market Price, Capacity, Limit for Terror Pools

Posted at 1:00 AM ET

Chart shows the evolution of international reinsurance market price, capacity and limit for terror pools from 2009 to 2014.

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