Posts Tagged ‘Ezbiansky (Chris)’



October 22nd, 2013

Capital Stewardship

Posted at 1:00 AM ET

potter_des_bio2ezbiansky_chris_bio2Des Potter, Head of GC Securities,* EMEA and Chris Ezbiansky, Head of M&A Advisory (Americas), GC Securities

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One of the biggest challenges insurers face is deciding how to deploy excess capital to generate a return that meets or exceeds the expectations of shareholders.

Options include maintaining the status quo, returning capital to shareholders and investing in a growth/diversification strategy, either organically or by seeking mergers and acquisitions (M&A) opportunities.

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April 28th, 2013

Stephen C. Mathews Joins GC Securities*

Posted at 11:00 PM ET

Guy Carpenter & Company, LLC, the leading global risk and reinsurance specialist, today announced that Stephen C. Mathews has been appointed Managing Director of GC Securities*, effective immediately.  Mr. Mathews is based in New York and reports to Chris Ezbiansky, Head of M&A Advisory - Americas. 

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February 20th, 2013

Adapting to an Evolving Market of More Permanent Capital Market Capacity

Posted at 1:00 AM ET

ezbiansky_chris_biopotter_des_photograph1Christopher Ezbiansky, Mergers and Acquisitions Advisory - Americas and Des Potter, Mergers and Acquisitions Advisory - Europe, GC Securities*

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A new capital management paradigm is challenging the traditional reinsurance model. Historically, significant market losses from major catastrophic events and low investment yields were a catalyst for an improved rate environment. Faced with current economic conditions, reinsurers are finding it more difficult to generate adequate returns in excess of their cost of capital, and are seeing an increased competitive threat from alternative capacity from the capital markets. New money appears to be more permanent and therefore limits the firmness and duration of any improved rate environment. Catastrophe bonds, sidecars, structured industry-loss warranties and collateralized reinsurance vehicles are among the alternative market options. Hedge funds are also playing a more active role, with a couple of major names setting up reinsurance operations in Bermuda.

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February 5th, 2013

Capital Management Developments

Posted at 1:00 AM ET

Here we review recent GC Capital Ideas’  top stories on capital management. 

Risk Preference Function - Embedding Risk-Reward in Capital Allocation:  Capital allocation decisions are among the most important decisions made by company management. Through our own research and thought leadership and our observance of best practices at clients around the world, Guy Carpenter’s Enterprise Risk Management Advisory practice has compiled a set of leading practices around capital allocation for (re)insurers.

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Adapting to an Evolving Market of More Permanent Capital Market Capacity: A new capital management paradigm is challenging the traditional reinsurance model. Historically, significant market losses from major catastrophic events and low investment yields were a catalyst for an improved rate environment. Faced with current economic conditions, reinsurers are finding it more difficult to generate adequate returns in excess of their cost of capital, and are seeing an increased competitive threat from alternative capacity from the capital markets. New money appears to be more permanent and therefore limits the firmness and duration of any improved rate environment.

Read the article >>

 

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*Securities or investments, as applicable are offered in the US through GC Securities, a division of MMC Securities Corp. (”MMCSC”), 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.

September 9th, 2012

Adapting to an Evolving Market of More Permanent Capital Market Capacity

Posted at 11:00 PM ET

ezbiansky_chris_biopotter_des_photograph1Christopher Ezbiansky, Mergers and Acquisitions Advisory - Americas and Des Potter, Mergers and Acquisitions Advisory - Europe, GC Securities*

Contact

A new capital management paradigm is challenging the traditional reinsurance model. Historically, significant market losses from major catastrophic events and low investment yields were a catalyst for an improved rate environment. Faced with current economic conditions, reinsurers are finding it more difficult to generate adequate returns in excess of their cost of capital, and are seeing an increased competitive threat from alternative capacity from the capital markets. New money appears to be more permanent and therefore limits the firmness and duration of any improved rate environment. Catastrophe bonds, sidecars, structured industry-loss warranties and collateralized reinsurance vehicles are among the alternative market options. Hedge funds are also playing a more active role, with a couple of major names setting up reinsurance operations in Bermuda.

Continue reading…

November 22nd, 2011

Third Quarter 2011: Update on Property/Casualty M&A Activity

Posted at 1:00 AM ET

ezbiansky_chris_gcciChris Ezbiansky, Head of M&A Advisory - Americas and Jeffrey Hathaway, GC Securities*
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During the third quarter 2011, financial market volatility and a difficult operating environment continued to stifle, but not completely hinder, merger and acquisition (M&A) activity for property/casualty (P&C) risk-bearing entities. During the quarter, the most significant activity was in the form of deals announced, as opposed to transactions closing.

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October 26th, 2011

Challenges, Opportunities for Mergers and Acquisitions

Posted at 1:00 AM ET

ezbiansky_chris_gcciChris Ezbiansky, Head of M&A Advisory - Americas, GC Securities*
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Recent volatility in the financial markets and a difficult operating environment continue to stifle merger and acquisition (M&A) activity, and GC Securities does not expect a dramatic increase in deal flow through the end of 2011. However, conditions are in place for mergers and acquisitions to reassert their fundamental purpose: for strong corporate performers to match acquisitions to their long-term strategic objectives and to drive out weak, inefficient players.

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October 4th, 2011

Chris Ezbiansky Joins GC Securities*

Posted at 1:00 AM ET

Guy Carpenter & Company announced the appointment of Christopher Ezbiansky as Managing Director and Head of GC Securities* M&A Advisory - Americas. Mr. Ezbiansky will be based in New York and will report to Bill Kennedy, CEO of Global Analytics and Advisory.

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