Guy Carpenter & Company, LLC, a leading global risk and reinsurance specialist, has over a 90-year history of providing integrated solutions to the (re)insurance industry.
There are indications that new A.M. Best Stochastic Based BCAR factor assignments may require more capital for companies entering a new line of business than...
Guy Carpenter & Company is pleased to announce the appointment of Tom Hettinger to lead its capital, structured risk, growth...
Maintaining or improving ratings is a priority for most insurers. This can be challenging amid increasing demands for companies to “own their risk” (Own Risk and Solvency Assessment “ORSA”) in an environment of evolving...
Industry accelerates risk profile analytics and development of their own risk tolerances and stochastic capital modeling: The launch of A.M. Best’s (Best) new ratings and Stochastic-based Best’s Capital Adequacy Ratio (BCAR) draft criteria became an inflection point for (re)insurers worldwide...
In realizing the goal of profitable growth, (re)insurers require a trusted partner to help them manage a rapidly evolving regulatory and rating agency environment. Ratings are a key indicator for many insurers and (re)insurance buyers...
In anticipation of the January 2016 rollout, the European insurance industry focused squarely on Solvency II. Rating agencies refrained from instituting any new criteria. It is expected that A.M. Best will deploy the stochastic Best’s Capital Adequacy Ratio...
There is a great deal of overlap between the goals of government regulators and credit rating agencies. The difference, however, is in the output, with regulators providing a license to trade, or not, and the rating agencies offering a graduated scale of relative strength. Regulatory solvency approval can be viewed as a “qualifier” or minimum standard required to be considered by a customer...
Nick Frankland opened the presentation by providing a brief overview of renewals activity. “The January 2016 renewal was an orderly, stable, very business-like renewal. It was on time and it developed and performed very much as we predicted at Baden Baden. Prices were generally lower than at 2015, but they decreased at a slower rate. The amount of reinsurance capital was broadly stable, but capacity still exceeded demand and overall more limits were purchased..."
Guy Carpenter & Company reports that overall capital levels dedicated to reinsurance have stabilized, showing no growth for the first time in several years. In a highly competitive environment, companies assessed broader opportunities and the rate of incoming capital slowed..
