Posts Tagged ‘Reinsurance’



August 1st, 2018

FEMA Expands Reinsurance Initiative - “FloodSmart Re” the First Cat Bond to Ultimately Benefit a Federal Agency

Posted at 2:00 AM ET

GC Securities* Acts as Sole Structuring Agent and Co-Bookrunner.

The Federal Emergency Management Agency (FEMA) announced its August 1, 2018 reinsurance placement for the National Flood Insurance Program (NFIP). For the first time, FEMA has secured reinsurance ultimately backed by capital markets investors, continuing efforts to better manage the NFIP’s financial risk. Continue reading…

July 26th, 2018

Risk Managers: Technology Fundamentals

Posted at 1:00 AM ET

While risk managers do not need to understand the detailed intricacies of every new technology, it is imperative that they have a fundamental understanding of technologies being considered and how certain technologies can help in risk management. Continue reading…

July 25th, 2018

The InsurTech Landscape

Posted at 1:00 AM ET

More than 50 start-up companies offering data, analytics and technology to the insurance sector enter the market every month.  While this dynamic is welcome news for an industry that is rapidly adapting to the digital economy, it also creates the challenge of identifying the ’right’ technology that would fit each business. Continue reading…

July 9th, 2018

Guy Carpenter Advises Gothaer on the Transfer of Its Gothaer Re Run-off portfolio

Posted at 2:00 AM ET

Guy Carpenter announced that it acted as the sole transactional advisor on the successful transfer of the reinsurance portfolio of Gothaer Group (Gothaer) which has been in run-off since Gothaer Re ceased trading in 2004.

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June 20th, 2018

Better Quantifying Cyber Exposure Will Help Determine Risk Finance Needs

Posted at 1:00 AM ET

As evidenced by the millions of dollars potentially at stake in a cyber event, financing to help an organization recover from a cyber-attack is more important than ever, with serving insurance a key part of the equation.

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June 19th, 2018

Preparedness to Manage Risks

Posted at 1:00 AM ET

A majority of organizations are prepared to manage risks as a result of increased use of technology, although a few report being significantly prepared. Although treasury and finance professionals are cognizant that increased use of technology will also increase risk exposure, not all organizations are actively addressing the urgency and criticality of being prepared to manage these risks.

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June 4th, 2018

Guy Carpenter Extends Capital Markets Expertise with Hire of President and Global Leader, GC Securities, Capital Markets

Posted at 10:14 AM ET

Guy Carpenter, a leading global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan Companies, today hired Shiv Kumar as President and Global Leader of GC Securities,* Capital Markets. Mr. Kumar was previously Global Head of Insurance Structured Finance at Goldman, Sachs & Co. His 23 years of experience in the (re)insurance sector and capital markets will enhance GC Securities’ ability to identify and execute convergence capital solutions that help clients manage risk.

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May 22nd, 2018

Guy Carpenter Appoints Non-Marine Managing Director

Posted at 1:00 AM ET

Guy Carpenter announced the appointment of Richard Carver as Managing Director and Senior Broker in the firm’s UK non-marine division. Based in London, Mr. Carver will report to James Boyce, Deputy CEO, Global Specialties. He will take up the role in May 2019.

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May 10th, 2018

United States Reinsurance Capacity for Terrorism

Posted at 1:00 AM ET

terrorism-rep-connections-banner-2In 2017, according to Guy Carpenter, the combined property and workers compensation private conventional-only terrorism reinsurance capacity was estimated to be USD 2.5 billion per cedent program. Reinsurance capacity for coverage that includes Nuclear, Biological, Chemical and Radiological, especially in Tier 1 cities and central business districts, has become increasingly challenging to secure over the past two years due to the accumulated aggregate constraints of some markets and is estimated to range between USD 500 million and USD 1 billion per program.

Marsh’s 2018 Terrorism Risk Insurance Report, produced with support from Guy Carpenter, explores the state of the terrorism insurance marketplace, presenting data on purchasing and pricing trends.

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