Guy Carpenter
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Guy Carp has been rebuilding its marine and energy team after a major Willis Re team lift. -
The unit will be led by Ed Hochberg, global risk solutions leader at Guy Carpenter.
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Price has become a key differentiator in marine and energy.
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Cedants pursued property renewals “aggressively” amid excess reinsurer capacity.
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Insurance Insider reflects on major loss events of 2025 for the London market.
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Guy Carpenter has sued Willis Re over a mass team lift in London and Bermuda in June.
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This publication revealed the GC trio were set to join the start-up broker in June.
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Plus, the latest people moves and all the top news of the week.
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He and Fletcher stand accused of aiding Willis Re in an unlawful team lift.
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The executive argued that injunctions following team lifts were “the industry standard”.
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Court documents provide a window into the ambitious plans.
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Plus, the latest people moves and all the top news of the week.
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Guy Carpenter continues to pursue Willis Re and individuals in court.
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Senior Willis Re recruit Jim Summers denied Kevin Fisher had a role at the start-up.
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GC accused Willis, Lucy Clarke, Jim Summers and John Fletcher of unlawful recruitment.
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A US landfall is not expected, but the storm could hit the Bahamas by Friday.
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Willis Re kicked off its talent acquisition with mass hiring from Guy Carpenter over the summer.
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The carrier recently expanded its reinsurance product suite in Bermuda.
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EMEA CEO Laurent Rousseau said reinsurance must retain its relevance to investors.
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The Bermuda-based executive joined the Ardonagh Group’s reinsurance broking arm in March 2023.
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The hire comes as Guy Carpenter fills the void created by the Willis Re raid earlier this year.
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The move comes as the broker rebuilds its Bermuda team.
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Chris Eaton and Bill Moret gave their notice last week without specifying their destination.
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The assistant treasurer is also due to review the Australian cyclone pool.
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Nick Fallon is the latest in a string of retro-broker moves in the market.
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The pair were offered contracts by Willis Re in July.
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Earnings covers do not need to equal aggregate reinsurance deals, the broker said.
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Rafael Diaz, Tiara Elward and Felipe Murcia will join BMS’s LatAm and Caribbean unit.
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Despite rate reductions accelerating, the sector-wide combined ratio is set to remain below 90% through 2027.
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The broker is in hiring mode in specialty after numerous brokers departed for Willis Re.
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The reinsurance veteran joined Aon nearly 20 years ago from Cooper Gay.
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The executive has worked for JLT Re, Lockton Re, Willis Re and US Re.
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Matthew Flynn joins from RenaissanceRe.
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The broker has recruited from its rival as it looks to launch Willis Re 2.0.
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Underscoring a more competitive market, the structure includes an escalating premium.
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The executive has spent 13 years in the broker’s marine division.
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In the US, the index fell 6.7% year on year.
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The LA wildfires accounted for 59% of loss activity over Q1.
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Willis’ continued reinsurance build-out has targeted London and Bermuda marine and retro specialists.
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Miller recently strengthened its reinsurance proposition with the acquisition of AHJ.
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The Bermuda-based team is led by John Fletcher.
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The executive will take the global role alongside his existing US responsibilities.
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The headcount at the start-up now stands at around 40.
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The facility provides follow capacity to US and international placements.
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The market is also facing potential losses from injuries to NFL stars.
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His leadership roles included overseeing the firm’s capital solutions group.
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Competition for specialty reinsurance talent remains high.
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The terrorism pool has shifted its programme from facultative to an XoL arrangement.
