Reinsurance broker Guy Carpenter has launched its Capital Advisory Group in Asia Pacific, as it looks to provide clients with products and tools to help them better managing capital through risk transfer solutions across the region.
Guy Carpenter announced the appointment of Michael Owen and Hussain Ahmad to lead its new Capital Advisory operation in Asia Pacific.
The unit provides advice and expertise to help reinsurance clients face evolving market dynamics, regulatory developments and meet shareholder return expectations, through the provision of sustainable, efficient and targeted solutions.
Core to this is providing insights and advisory to help inform business decisions for their reinsurance clients and alongside this Guy Carpenter will offer bespoke risk transfer structures that can help insurers manage their financial volatility and address their capital challenges.
Owen has worked for more than 20 years at Guy Carpenter and is currently Chief Actuary for Asia Pacific, having previously been Managing Director, Head of GC Analytics, Asia Pacific.
Ahmad joined Guy Carpenter in 2019 as Head of Structured Reinsurance Solutions for Asia Pacific. He has more than 15 years of reinsurance experience in providing technical risk transfer solutions across the region, including M&A valuations, capital management, and structured reinsurance.
Both Owen and Ahmad will remains in their current positions in addition to taking on the new Capital Advisory roles.
Tony Gallagher, CEO of Asia Pacific, Guy Carpenter, commented on the launch of the new regional unit, “The new Asia Pacific Capital Advisory Group has been established in response to growing demand for more efficient capital structures and strategic insights that help companies achieve their financial objectives. We have brought together a strong team comprised of experts in the areas of analytics, actuarial, structured solutions and catastrophe modeling, as well as IFRS 17, to meet the capital needs of our clients and deliver the best-in-class solutions.”
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