GC Securities

Guy Carpenter, the reinsurance broking arm of Marsh McLennan, has announced the hiring of Laurent Rousseau, formerly the CEO of reinsurer SCOR, to a senior executive position that will see him with a Global Capital Solutions remit, including executive oversight of ILS and capital markets unit GC Securities.

The heightened use of indemnity structured transactions by corporates in the catastrophe bond arena is expected to open up the market, but for this to happen in a meaningful way, there’s likely need for some U.S. tax reform, according to Cory Anger, Managing Director of GC Securities.

The next phase of the catastrophe bond market will see a shift from the structure’s use for deep capacity and as a risk management tool, to being viewed as a more permanent form of capital, according to Cory Anger, GC Securities.

Reinsurance brokerage Guy Carpenter & Company has announced the addition of a new hire to its capital markets focused GC Securities division this morning. Stephen C. Mathews has been appointed Managing Director of GC Securities. Matthews will be based in the GC Securities New York office and will report to Chris Ezbiansky, Head of M&A […]