The Changing Nature of Risk – Casualty Dynamics: History shows that the insurance market is cyclical, and this is especially true for casualty lines of business. As long-tail lines casualty lines, the ultimate profitability of a year is not known for many years as changing loss trends and causes may not be recognized until it is too late to protect against adverse development. T ... Continue Reading »
Unprecedented Flexibility Is Needed for Business to Meet the New Reality
The transition to working from home has gone incredibly smoothly overall, enabling seamless communication between brokers, cedents and reinsurers. Technological advancement has facilitated this transition but human behaviors are equally important in ensuring colleagues continue to feel “connected” to their co-workers, clients and the overall market. ... Continue Reading »
How a COVID-19 Vaccine Can Reach Billions of People
As the COVID-19 pandemic and concerns surrounding a second wave of infections continue through autumn, public health concerns remain a top priority for people both in and outside the healthcare industry. ... Continue Reading »
Video: Casualty Upheaval Places Profitability in the Spotlight at Renewal
In a recent conversation with The Insurer, Christopher Ross, Managing Director, Guy Carpenter, identified three primary trends influencing in longer-tail classes: social inflation, the impact of large catastrophe-type claims and the unreconciled nature of claims in occurrence-based policies. ... Continue Reading »
Video: Better By Design – Navigating The Changing Nature of Risk
As organizations continue to adapt and respond to the COVID-19 pandemic, understanding its impacts is critical to mapping the path forward as a business, industry and broader society. Virtually bringing together global clients, colleagues and subject matter experts, including those from Guy Carpenter, the recent Marsh & McLennan Better By Design conference provided a ... Continue Reading »
Captive Managers – A Light in the Darkness
In a recent interview with Captive International, Rob Collins, Managing Director and North American Sales Leader, Guy Carpenter, discussed captives and the importance of working alongside trusted partners amid the increasing opportunities provided by new technologies. ... Continue Reading »
Guy Carpenter Appoints Head of U.S. Life Reinsurance
Guy Carpenter announced today the appointment of Benjamin Keslowitz as U.S. Life Leader, with immediate effect. ... Continue Reading »
The Changing Nature of Risk – Casualty Dynamics: Part IV
Capital management strategies are critical for carriers as they need to find the proper balance between allocating capital to potential past losses and deploying it now to support business growth in a hard market, according to Christopher Ross, Managing Director, Guy Carpenter. ... Continue Reading »
Guy Carpenter Appoints Head of Japan
Guy Carpenter today announced the appointment of Pietro Toffanello as Head of Japan in the first quarter of 2021. ... Continue Reading »
Catastrophe Bond Activity: Looking Towards 2021
Catastrophe bonds are set to buck the trend elsewhere in the insurance-linked securities (ILS) market, with a strong issuance pipeline for the fourth quarter of 2020 and first quarter of 2021, according to Des Potter, Managing Director, ILS origination and structuring at GC Securities*. ... Continue Reading »
