In the fifth installment of the Holistic Balance Sheet Management series, Russell Lee, Insurance Consultant, Mercer, shares his thoughts on how a holistic approach to capital management can benefit insurance companies in the face of challenging investment and underwriting conditions. ... Continue Reading »
Videocasts
GC Videocast – Reinsurance Solutions
Andrew Cox, Capital Optimization, Guy Carpenter, and Niall Clifford, Financial Strategy Group, Mercer, explore a number of reinsurance solutions available to insurance companies in the fourth video installment of the Holistic Balance Sheet Management series. ... Continue Reading »
GC Videocast – Managing Volatility by Breaking Down Silos
In the third video of the Holistic Balance Sheet Management series, Andrew Cox, Capital Optimization, Guy Carpenter, and Niall Clifford, Financial Strategy Group, Mercer, give their overview on how increasing investment risk can introduce capital and earnings volatility. ... Continue Reading »
GC Videocast – Linking Risk Appetite to Strategy
In the second video in the Holistic Balance Sheet Management series, Andrew Cox, Capital Optimization, Guy Carpenter and Niall Clifford, Financial Strategy Group, Mercer, explore how companies should approach investment risk and the link between investment strategy, risk appetite and reinsurance strategy. A key focus for insurance companies should be to link their investment ... Continue Reading »
GC Videocast – Introduction to Holistic Balance Sheet Management
A holistic approach that optimizes the use of the two traditionally separate areas of balance sheet management within the current market environment has proven to be extremely challenging for non-life insurers. The key issue for non-life insurers is how to boost return on capital in a continuing low-yield environment. In the first of the Holistic Balance Sheet Management ... Continue Reading »
Review of MENA Insights GC Videocast
Here we review a recent series of GC Capital Ideas Videocast interviews with a panel of experts from the Middle East and North Africa (MENA) region. GC Videocast - MENA Insights: Nick Frankland, CEO, Guy Carpenter's EMEA Operations: Welcome to the beginning of a new series of video interviews with an esteemed panel of experts from the MENA region. The MENA Insights interviews, ... Continue Reading »
GC Videocast – Rendez-Vous Press Briefing 2014, Concluding Remarks (Alex Moczarski)
Alex Moczarski, President and CEO, Guy Carpenter and Chairman, Marsh & McLennan Companies International, provides concluding remarks at the Guy Carpenter press briefing at the Monte Carlo Rendez-Vous in this GC Capital Ideas videocast. He said "The focus for many in the industry continues to be on the deflationary effect of excess capital. This can lead to negative i ... Continue Reading »
GC Videocast – Rendez-Vous Press Briefing 2014 (James Nash) Asia Pacific Sees Increased Understanding and Quantification of Catastrophe Risk
James Nash, CEO of Asia-Pacific Operations, Guy Carpenter, considered the potential that existed in Asia-Pacific. "It is a blend of mature and emerging markets," he said, "full of opportunities and challenges, and it requires all market participants to have a broad and diverse set of skills and offerings." He continued: "As regulation develops across the region, and insurers ... Continue Reading »
GC Videocast – Rendez-Vous Press Briefing 2014 (Nick Frankland) Centralization of the Reinsurance Buying Process in EMEA
Nick Frankland, CEO of EMEA operations, Guy Carpenter, reviewed developments in EMEA, where newer capital is yet to have a significant impact. He described the region as "a mature, stable market saturated with existing capacity and clients tending towards buying less reinsurance." This approach to purchasing he said reflected the continuing centralization of the buying process. ... Continue Reading »
GC Videocast – Rendez-Vous Press Briefing 2014 (David Priebe) Capacity From New Sources
Focusing on the continuing supply of capacity from new sources, David Priebe, Vice Chairman, Guy Carpenter and Head of GC Securities, said: "Guy Carpenter estimates that the global property catastrophe limit exceeds US$300bn, with non-traditional reinsurance in the form of catastrophe bonds, collateralized reinsurance and industry loss warranties increasing from 14 percent last ... Continue Reading »