Guy Carpenter Receives "Non-Life Transaction of the Year" Award at Trading Risk Awards 2009
LONDON--(Business Wire)-- Guy Carpenter & Company, LLC received the "Non-Life Transaction of the Year" award at Trading Risk magazine`s annual awards, held in London. The award was given to Guy Carpenter and Deutsche Bank for their work on Blue Coast Ltd., a new 144A catastrophe bond program. GC Securities, a division of MMC Securities Corp. (member FINRA/SIPC) and Guy Carpenter's investment banking arm, and Deutsche Bank served as co-lead managers, joint bookrunners, and joint structuring agents on the program to benefit Allianz Risk Transfer (Bermuda) Limited (ART). The three-tranche note issuance provides ART with USD120 million of fully collateralized, multi-year aggregate protection against the cumulative effect of U.S. hurricane risks in the coastal states from North Carolina to Texas through December 1, 2010. "We are honored by the recognition of the work that our team puts into creating groundbreaking solutions for our clients," said David Priebe, Chairman of Global Client Development, Guy Carpenter. "These awards are a gratifying validation of our efforts to facilitate efficient delivery of capital markets capacity to insurance risk managers." TAGS/KEYWORDS Guy Carpenter, insurance, reinsurance, awards, broker, Trading Risk, cat bond, catastrophe bond, hurricane About Guy Carpenter Guy Carpenter & Company, LLC is the world`s leading risk and reinsurance specialist and a part of the Marsh & McLennan Companies. With over 50 offices worldwide, Guy Carpenter creates and executes reinsurance solutions and delivers capital market solutions* for clients across the globe. The firm`s full breadth of services includes line of business expertise in Agriculture; Aviation; Casualty Clash; Construction and Engineering; Excess and Umbrella; Life, Accident and Health; Marine; Medical Professional Liability; Political Risk and Trade Credit; Professional Liability; Property; Retrocessional Reinsurance; Surety; Terrorism and Workers Compensation. GCFac is Guy Carpenter`s dedicated global facultative reinsurance unit that provides placement strategies, timely market access and centralized management of facultative reinsurance solutions. In addition, Guy Carpenter`s Instrat unit utilizes industry-leading quantitative skills and modeling tools that optimize the reinsurance decision-making process and help make the firm`s clients more successful. Guy Carpenter`s website address is www.guycarp.com. Guy Carpenter`s new intellectual capital website, www.GCCapitalIdeas.com, leverages blog technology, including Real Simple Syndication (RSS) feeds and searchable category tags, to deliver Guy Carpenter`s latest research as soon as it is posted. In addition, articles can be delivered directly to BlackBerrys and other handheld devices. * Securities or investments, as applicable, 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 & Company, LLC. MMC Securities Corp., MMC Securities (Europe) Ltd. and Guy Carpenter & Company, LLC are affiliates owned by Marsh & McLennan Companies. This communication is not intended as an offer to sell or a solicitation of any offer to buy any security, financial instrument, reinsurance or insurance product. Guy Carpenter Jennifer Ainslie, 44-207-357-2058 jennifer.ainslie@guycarp.com or Alexis Levenson, 1-917-937-3264 alexis.levenson@guycarp.com or DeMartine Group Matt Conroy, 1-203-221-2790 mconroy@demartinegroup.com Copyright Business Wire 2009
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