Guy Carpenter

Having the right perspective to optimize capital, navigate markets and reduce volatility requires an advisor who can help you achieve your business goals. Transform risk into return. https://bit.ly/3ZM55j0

Mid-year renewals reflected a transitioning reinsurance market meeting demand in a dynamic trading environment. Loss-free property programs generally saw easing of pricing, even as demand increased. While casualty programs were also completed with adequate capacity, pricing and underwriting scrutiny persisted due to a variety of market trends. To view the complete mid-year renewal press release and additional insights, please visit our Renewal Resource Center: https://bit.ly/3SA6wij

Guy Carpenter’s Henrico Botha will join the panel discussion “The Growing Protection Gap is Indicative of Insurers Struggling to Design Products Fit for Evolving Risks” at the Insurance Institute of South Africa’s 50th African Insurance Exchange on 23 July in South Africa. #AIE2024 Learn more about protection gap mitigation here: https://bit.ly/3Sde2iF

Guy Carpenter and Marsh McLennan colleagues participated in a volunteer event with Self Esteem Foundation for Disabled (SEFD), where they painted diyas, crafted artificial rangolis, designed greeting cards and more, which will be sold at different exhibitions and events #Volunteering https://bit.ly/4cIZ4t9

Catastrophe bonds are once again experiencing a record first half of the year, with Q2 being the most active quarter recorded. By June 30, 51 different catastrophe bonds had been brought to the 144A market for approximately USD 12.2 billion in limit placed, taking the total outstanding notional amount to more than USD 45.2 billion. https://bit.ly/4cZtEyg

In this video interview with InsuranceAsia News, Guy Carpenter’s Tony Gallagher, CEO, Asia Pacific, provides his insights on reinsurance market trends in Asia Pacific. Watch the full interview here: https://bit.ly/4bJAR4r

The 2024 Guy Carpenter US ROL Index increased by 1.2%, a decrease from the +5.4% Global ROL Index value and +5.25% US ROL Index value at January 1, reflecting the impact of decreased pricing at mid-year. Although pricing came down on a risk-adjusted basis, the index measures the change in actual dollars spent, reflecting stable retentions driving greater catastrophe exposure into programs. Dollars spent increased at a lessor rate than exposure increases into programs, on average. https://bit.ly/3W3hDRy

Hussain Ahmad, Head of Structured Solutions, APAC, will join the panel discussion “Catastrophe Bonds: Onwards and Upwards in the Liquid ILS Market” at the Artemis.bm ILS Asia 2024 on 11 July in Singapore. Learn more about our Structured Reinsurance solutions here: https://bit.ly/3xV2x8K

The majority of sellers (both rated and ILS) had appetite to grow their portfolios in 2024, with this intention continuing through Q2. The competitive pressure from increased supply seen in Q1 continued and this resulted in quote ranges narrowing. https://bit.ly/3S3xy1b

With ongoing aviation challenges, such as maintenance issues and shortage of skilled workers, there are concerns about rising incidents given the rebound in travel post-COVID-19. Read more about the accident catastrophe market and how Guy Carpenter can help here: https://bit.ly/4eTOl0r