Guy Carpenter Receives "Non-Life Transaction of the Year" Award at Trading Risk Awards 2009

Mon Jul 6, 2009 1:03pm EDT
 
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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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