Property Specialty

Property Specialty - Guy Carpenter

The global Property Specialty helps clients manage property exposures around the world. As the world's largest property catastrophe broker, we offer the most advanced quantitative modeling tools in the industry, extensive local knowledge and expertise in everything from price benchmarking to complete financial analysis of the impact of alternative reinsurance solutions. The Property Specialty also delivers integrated risk management and advisory services on the full range of traditional and nontraditional risk transfer products. In addition, our GC Securities*

group can provide expertise on catastrophe bonds and assist in connection with financial hedge products.

The Property Specialty's global resources focus on local geographic exposure issues and have expertise in numerous classes of business such as industrial risk, commercial risk, excess & surplus lines and residential exposures. Our technical expertise includes benchmarking and peer group analysis, structuring and pricing, natural and terror modeling variance analysis, portfolio management, tool development, integration of rating agency analysis and knowledge of market underwriting and capacity. Our advisory services include publications of state-of-the-market reports and industry briefings, interpretation of catastrophe modeling, participation in industry seminars and development of new analytical tools and other products.

For public sector issues, dedicated specialists within the Property Specialty structure and develop reinsurance programs that meet with governmental and public policy objectives and are blended with other claims-paying sources. They understand and can quantify the impact that residual market entities can have on insurers' risk profiles, particularly in instances where risk sharing can be costly due to the size, capital structure and operational plan of the governmental pool or entity.

ROLePlay, our global property catastrophe database of financial and exposure information, modeling output and reinsurance structures and transaction statistics, helps evaluate current program structure and proposed structures by comparing risk measures. ROLePlay aids in peer group comparisons, loss information, benchmark pricing and other customized information. This tool provides insight into reinsurers' pricing tendencies, allows for transparency into reinsurers' quotations for per risk and catastrophe business and supports the design of optimal program structures.

Our clients also benefit from our knowledge of all the major catastrophe software vendors' natural hazard models, which we operate through a technology infrastructure that spans the globe.
The enormous volume of property transactions in which we participate enhances our analytical capabilities and provides a uniquely rich view of current market conditions. We also utilize the major vendors' terrorism models to help clients explore the possibilities of terror loss using a judgment-based approach that goes beyond purely deterministic modeling and minimizes the issues associated with predicting human behavior.

Guy Carpenter is a leading broker of Industry Loss Warranties (ILWs). Through our substantial and long-term relationships with the world?s leading reinsurers and alternative sources of capital, our dedicated team offers reliable and professional services to ILW clients.

For more information, please contact the Property Specialty or any one of the specialists below.

Lara Mowery

Global Property Specialty Leader
Managing Director
Minneapolis

+1.952.920.3300

Lara.A.Mowery@guycarp.com

James Boyce

U.K.-Lloyds Property
Managing Director
London

+44.20.7357.2631

James.L.Boyce@guycarp.com

David Duffy

U.S. Property Leader
Managing Director
New York

+1.917.937.3000

David.L.Duffy@guycarp.com

Charles Whitmore

International Property Casualty & Ris, Europe
Managing Director
London

+44.20.7357.3134

Charles.Whitmore@guycarp.com

Ed Fenton

International Property Casualty & Risk, Asia-Pacific
Managing Director
London

+44.20.7357.3513

Edward.Fenton@guycarp.com

James Nash

CEO, Asia Pacific
Tokyo

+81.3.5353.0448

James.Nash@guycarp.com

*This material is not intended as an offer or solicitation for the purchase or sale of any securities or financial instruments. Securities are offered in the United States through GC Securities, a division of MMC Securities Corp., a US registered broker-dealer and member FINRA/SIPC. Main Office: 1166 Avenue of the Americas, New York, NY 10036. Phone 212.345.5000. Securities or investments, as applicable, are offered in the European Union by GC Securities, a division of MMC Securities (Europe) Ltd., which is authorized and regulated by the Financial Services Authority. Reinsurance products are placed through qualified affiliates of Guy Carpenter. MMC Securities Corp., MMC Securities (Europe) Ltd., and Guy Carpenter are affiliates owned by Marsh & McLennan Companies.