Posts Tagged ‘Richard Booth’

September 7th, 2013

GC Videocast - Rendez-Vous Press Briefing 2013 (Richard Booth) Opportunities for Growth

Posted at 3:05 PM ET

mc2013-rb_anim_2013Richard Booth, Vice Chairman, Guy Carpenter, considers where opportunities for growth might lie in today’s market.  Both emerging and mature risks afford such opportunities. “Take catastrophe risk,” he said. “A common view is that this is a saturated commodity market, yet between 1970 and 2012 70 per cent of total global economic losses from natural catastrophes were not insured amounting to US$1.7 trillion. The gap between economic and insured catastrophe losses continues to widen.” He added: “Elsewhere, new risks such as cyber risk, renewable energy, food and water security, urbanization, growing prosperity and longevity to name but a few present opportunities and gaps that can be filled by insurers and reinsurers.”

Continue reading…

September 7th, 2013

Guy Carpenter Addresses Market Impact of New Capacity

Posted at 3:04 PM ET

In its sixth annual press briefing held at the Reinsurance Rendez-Vous 2013 in Monte Carlo, Guy Carpenter & Company, LLC, the leading global risk and reinsurance specialist and member of Marsh & McLennan Companies (NYSE: MMC), considered the impact of new capacity on current market conditions and explored where the opportunities exist for profitable growth in such an environment.

Continue reading…

December 30th, 2009

2009 Top Stories: Podcasts

Posted at 12:30 AM ET

With 2009 coming to a close, this week we’re taking a look at the most popular stories of the year.

GC Podcast 01 — July 1 Renewals (Chris Klein): Guy Carpenter Global Head of Business Intelligence Christopher Klein discusses the July 1, 2009 reinsurance renewal in this new GC Capital Ideas podcast. Click the audio player below to listen to the interview, or download the interview in a file that will work with your iPod.

Read the article >>

GC Podcast 03 — Casualty Catastrophe (David Lewin): David Lewin, Head of the European Casualty Specialty, discusses casualty catastrophes and Guy Carpenter’s innovative Casualty Cat model, developed in conjunction with Arium, Ltd., in this new GC Capital Ideas podcast. Click the audio player below to listen to the interview, or download the interview in a file that will work with your iPod.

Read the article >>

Continue reading…

December 17th, 2009

Cash and Capital: An Abundance of Choice

Posted at 1:00 AM ET

booth_richard_bioRichard Booth, Vice Chairman

Cash and capital have returned to the (re)insurance industry. Despite the severity of last year’s financial crisis, the discipline that helped carriers persevere has become the foundation for recovery — and a plethora of strategic alternatives. Balance sheets have improved, and cash positions have surged. This remarkable change of circumstance will certainly have a substantial impact on the coming reinsurance renewal. Rates are likely to remain flat at January 1, 2010, thanks to stronger capital positions across the industry. Even with last year’s price increases, we are unlikely to see rates return to 2007 levels.

Continue reading…

September 6th, 2009

Guy Carpenter Addresses the Return of Capital to the Reinsurance Industry at Monte Carlo Rendez-Vous

Posted at 12:15 AM ET

montecarlopressbriefing_09_As Industry Rebounds from Financial Crisis, Disciplined Capital Management and Decision-Making Remain Paramount



Guy Carpenter & Company, LLC hosted a press briefing at Rendez-Vous in Monte-Carlo on September 5, 2009, focusing on the return of capital to the reinsurance market.

Brian Duperreault, President and Chief Executive Officer of Marsh & McLennan Companies, Inc., opened the briefing. Peter Zaffino, President and CEO of Guy Carpenter, then led a panel of Guy Carpenter executives that included Vice Chairman Richard Booth, Henry Keeling, President and CEO of International Operations, Chris Klein, Global Head of Business Intelligence and David Priebe, Chairman of Global Client Development.

Continue reading…

September 6th, 2009

GC Podcast 05 - Rendez-Vous Press Briefing (Richard Booth)

Posted at 12:13 AM ET

gcpressbriefing_141pxRichard Booth, Vice Chairman, Guy Carpenter, and discusses reinsurance rates in 2009 and the upcoming January 1, 2010 reinsurance renewal at Monte Carlo Rendez-Vous in this GC Capital Ideas podcast. Click the audio player below to listen to the interview, or download the interview in a file that will work with your iPod.

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Click here to download an iPod-compatible version of Richard Booth’s press briefing remarks >>

Click here to download the slides that accompany this presentation >>

Click here to view the press release, photo gallery and list of related podcasts >>