Guy Carpenter
Reinsurers have appetite for Asia-Pac business despite 2011 losses
The first three quarters of 2012 have proved relatively benign in terms of Asia Pacific insured catastrophe losses, according to a new Guy Carpenter report.
Guy Carpenter probes causes of Thailand flood losses
Guy Carpenter has published an in-depth review of the meteorological and man-made factors that contributed to the 2011 Thailand flood catastrophe and resulting insured losses, estimated at between $15bn and $20bn.
Marsh backing Project Noah despite rival Aon joining flood insurance race
Aon Benfield's decision to unveil a reinsurance-based flood risk solution has sparked a bullish response from rival Marsh's top flood specialist, who claimed that the launch of his firm's Project Noah proposal is imminent.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Reinsurers look to underwriting results as investment yields fall
The investment returns achieved by reinsurers have fallen significantly during 2012 as Eurozone fears drive a flight to higher grade securities perceived as less risky, according to Guy Carpenter.
Guy Carpenter opens Athens office
Guy Carpenter & Company has opened a reinsurance intermediary office in Athens, the broker said today.
Guy Carpenter opens Greek office
Guy Carpenter & Company has opened a reinsurance intermediary office in Athens.
Casualty insurers warned about recent legal deveopments
A ruling on pesticide manufacturers' liability, reforms to Spanish law on directors' and officers' cover and more stringent rules for Polish motor insurers, are among recent legislative changes with implications for European casualty insurers.
Poor data quality and modelling tools make emerging markets risky
Reinsurers pursuing growth in emerging markets must be alert to the unique challenges these countries present, Guy Carpenter has warned.
Marsh creates insurance services business president role
Marsh has appointed Liz Flynn to the new position of president of its insurance services businesses, a group of the intermediary's brands.
Perils AG to provide satellite-based flood footprints
Perils AG, a Zurich-based provider of European catastrophe insurance data, will make satellite-based flood footprints available during and after major flood events, as part of an initiative in collaboration with the insurance industry and the European…
Reinsurance market is united, says Guy Carpenter
Guy Carpenter & Company has praised the reinsurance industry for "coming of age" and finally "converging".
Profitable growth still possible, says Guy Carpenter
Reinsurers should still be targeting profitable growth, despite challenging market conditions, broker Guy Carpenter said in a Monte Carlo press briefing on Sunday.
Guy Carpenter to open Shanghai Office
Reinsurance broker Guy Carpenter has received approval from the China Insurance Regulatory Commission to open a branch office in Shanghai.
Interview: Carl Beardmore - from vision to fruition
BMS chief executive Carl Beardmore believes he is on track in transforming a broker that was 'flat lining' into a company generating more than £100m a year.
Lloyd's broker relationships crucial for expansion
Lloyd's must develop and broaden relationships with its brokers in order to fulfil its expansion targets in emerging markets, says a Guy Carpenter report released today.
American expansion gathers momentum at BMS following key hire
BMS has moved to further bolster its US reinsurance operation following the appointment of Chuck Hewitt to the joint role of senior producer, executive vice president and member of it stateside leadership team.
European Union liability trends raise 'supra-national' challenges
UK Prime Minister David Cameron has hinted that he wants to rein in Europe's legislative power. Ralph Savage looks at the effects it is having on European insurers.
Weather claims to hit £750m as industry waits for SoP announcement
The insurance industry is hopeful that the government will finally release details of the flood risk model that will replace the Statement of Principles before its summer recess next week.
Lack of cat activity leads to plentiful capacity in reinsurance market
Reinsurance capital continued to strengthen through the second quarter of 2012 as a result of limited exposure to catastrophe losses in the opening six months of the year.
Property claims: Long-term fix for UK flood may be a compromise
The expiration of the Statement of Principles has been described as the "end of the temporary sticking plaster" by Zurich property claims director Jon Cawley, who has argued that the solution to flood risk cover is a combination of current industry and…
Flood cover: Sink or swim?
The expiry of the Statement of Principles is a year away, and the industry is looking for a replacement to cover the impact of flooding. Two ideas have been floated, but which will sink and which will swim?
Insurance the micro way
Much of the world's population has now moved out of extreme poverty and into the lower middle class. Francesca Nyman examines whether there is a market for micro-insurance in this demographic.
Interview: Andrew Torrance - Playing the long game
With more than a decade at Allianz, and more than 20 years in the industry, chief executive Andrew Torrance reflects on the past and looks to the future.