Posts Tagged ‘Nick Frankland’



October 24th, 2016

From Public to Private

Posted at 1:00 AM ET

frankland-nick-hs-smNick Frankland, CEO EMEA, Guy Carpenter

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The gap between insured losses and total economic losses remains stubbornly large - Swiss Re estimates that only 30 percent of global catastrophe losses in the ten years prior to 2015 were covered by insurance. Consequently, the remainder of the loss, USD 1.3 trillion, was borne by individuals, firms and governments, and this burden is increasing. Swiss Re estimates uninsured losses more than doubled from 0.08 percent of global gross domestic product (GDP) for the ten years from 1976 through 1985 to 0.17 percent for the years 2006 through 2015.

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October 23rd, 2016

Baden-Baden Reinsurance Symposium Explores Ways of Bridging Protection Gap

Posted at 10:30 PM ET

Guy Carpenter & Company hosted the Reinsurance Symposium in Baden-Baden on October 23. The eighth year that the firm has hosted the event, the theme this year was “Bridging the Gap - Is the industry doing enough to attract risk from the public to the private sector?”

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September 9th, 2016

Reinsurers Standing Firm As Insurers Look To Consolidate – GC@MC Commentary

Posted at 3:00 AM ET

frankland-nick-smchris-klein-sm1Nick Frankland, CEO, EMEA Operations and Chris Klein, Head of EMEA Strategy Management

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Recent Renewals Show Evidence of Changing State of Reinsurance Market

As large-scale multi-line insurers enter a period of consolidation following the significant drive to rationalize long-term strategic reinsurance purchasing, recent renewal activity suggests reinsurers are now increasingly resisting shorter-term aggressive buying strategies, according to Nick Frankland, CEO of EMEA Operations and Chris Klein, Head of EMEA Strategy Management at Guy Carpenter.

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June 14th, 2016

Guy Carpenter Appoints CEO of GC Stockholm

Posted at 11:20 PM ET

Guy Carpenter today announced the appointment of Tobias Andersson as CEO of GC Stockholm, effective April 1, 2017. He will succeed Tomas Ljungqvist, who will become Chairman of the division.

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March 2nd, 2016

GC Securities* Completes Catastrophe Bond Galileo Re Ltd. Series 2016-1 Notes on Behalf of XL Insurance (Bermuda) Ltd.

Posted at 11:30 PM ET

GC Securities, a division of MMC Securities LLC, a U.S. registered broker-dealer and member FINRA/NFA/SIPC, today announced the placement of three classes of Series 2016-1 Notes, with an aggregate principal amount of USD 300,000,000 through the existing catastrophe bond shelf program, Galileo Re Ltd., to benefit XL Insurance (Bermuda) Ltd. and certain of its insurance and reinsurance affiliates and related entities (XL Catlin). This is the first time that XL Catlin has utilized the 144A cat bond market since XL Group plc’s (XL) acquisition of Catlin Group Limited (Catlin).

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January 19th, 2016

Guy Carpenter Appoints Susanne Miller-van der Schild as Managing Director of Benelux Operations

Posted at 11:45 PM ET

Guy Carpenter & Company today announced the appointment of Susanne Miller-van der Schild as Managing Director, Guy Carpenter Benelux, effective February 1.

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January 12th, 2016

Guy Carpenter Establishes EMEA Advisory Council

Posted at 11:45 PM ET

Guy Carpenter today announced the establishment of a new EMEA Advisory Council to support its growth plans in the region.

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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.  

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January 4th, 2016

Guy Carpenter Names Matthias Meyenhofer as Head of Global Partners EMEA

Posted at 11:00 PM ET

Guy Carpenter & Company, LLC, today announced the appointment of Matthias Meyenhofer as Managing Director, Guy Carpenter, effective immediately.

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