Posts Tagged ‘Lara Mowery’



September 7th, 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.

Continue reading…

September 6th, 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.

Continue reading…

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.

Continue reading…

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.

Continue reading…

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.

Continue reading…

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.

Continue reading…

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.

Continue reading…

January 5th, 2016

Guy Carpenter Reports Stable Capital at January 1, 2016 Renewals

Posted at 11:30 PM ET

2016-gc-renewal-report-sm4Guy Carpenter & Company reports that overall capital levels dedicated to reinsurance have stabilized, showing no growth for the first time in several years.  In a highly competitive environment, companies assessed broader opportunities and the rate of incoming capital slowed. However, moderate loss experience kept capacity at abundant levels for the January 1, 2016 renewals. The continued scarcity of costly catastrophe losses and more than adequate capacity led to reinsurance pricing reductions, although there are signs the rate of descent is slowing as compared to 2015.  

Continue reading…

July 9th, 2015

July 1 Renewals Reveal Price Declines Moderating Especially for US Wind-Exposed Programs

Posted at 1:00 AM ET

Guy Carpenter today released its July 1 Renewal Briefing  that shows price declines have continued to moderate, predominantly on programs covering US wind. Overall pricing was down again at the July renewal across virtually all geographies and lines of business. However, additional limit placed over the past few months is partially responsible for the stabilization of price declines, particularly for US property. Increased demand for reinsurance and expansion of tailored coverage persisted through the July renewal period from previous seasons.

Continue reading…

June 4th, 2015

June 1, 2015 Renewals Show Rate of Price Declines Moderating

Posted at 5:52 AM ET

Guy Carpenter & Company, LLC, a leading global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan Companies (NYSE:MMC), reports that after two years of  price decreases averaging 15 percent on U.S. property catastrophe placements, risk-adjusted pricing moderated at the most recent June renewals.

Continue reading…