BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.
To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.
To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.
Guy Carpenter & Co. L.L.C. on Thursday said it is launching GC Asia Pacific Retro to provide dedicated retrocession services for clients in the Asia-Pacific region.
Simon Hughes, managing director, and Ben Dunnett, senior vice president, will head the new unit, which will provide retrocession property solutions to complement Guy Carpenter’s existing marine and aviation units in the region in addition to focusing on retrocessional solutions, raising capital and product and development, the company said in a statement.
Mr. Hughes, who will also retain his role as Guy Carpenter’s senior broker for Australasian business, will be based in London.
Mr. Dunnett has worked in Guy Carpenter’s nonmarine specialty team for 10 years as senior vice president and is based in Singapore. Both will report to James Boyce, head of nonmarine specialty, and James Nash, president of Guy Carpenter’s international division.
“GC Asia Pacific Retro provides us with the perfect platform to deliver our specialist retrocession expertise direct to our clients in the region,” Kevin Fisher, CEO of global specialties, said in the statement.
U.S.-based reinsurance broker Guy Carpenter & Co. L.L.C. has said that cedents in developing Asian markets could stand to benefit as the reinsurance market is keen to expand, Artemis.bm reports. "Deployment of catastrophe bonds and collateralized reinsurance primarily occurs in more mature Asian markets such as Japan and Australia, but cedents throughout Asia may benefit – although indirectly – in the coming years as third party investors search for diversification through new lines of business and geographies," Guy Carpenter said.