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Gan Cheng Siong Joins GC Fac - Singapore.


SINGAPORE -- Guy Carpenter Guy Carpenter was fictional character in the Australian soap opera Neighbours played by Andrew Williams from 1991 to 1992. Family Tree
  • Lou Carpenter (father), married to Cathy Carpenter (mother), Linda Carpenter, Trixie Tucker and had relationships with
 & Company, Inc., the leading global risk and reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract.  specialist and a part of the Marsh & McLennan Companies (NYSE NYSE

See: New York Stock Exchange
:MMC See MultiMediaCard and Microsoft Management Console. ), today announced that Gan Cheng Siong will join GC Fac, the firm's dedicated facultative facultative /fac·ul·ta·tive/ (fak´ul-ta?tiv) not obligatory; pertaining to the ability to adjust to particular circumstances or to assume a particular role.

fac·ul·ta·tive
adj.
1.
 unit, in its Singapore office as Head of Marine, Asia Pacific. In his role, Mr. Gan will assist GC Fac's Asia Pacific operations in executing strategic plans to grow the marine business. He will report to Mark Newman, Head of GC Fac - Asia Pacific in Singapore and Chris Jones, Head of GC Fac Marine in London.

"With his extensive knowledge and expertise in the marine business, we are extremely pleased to have Cheng Siong join GC Fac. His invaluable experience will provide significant market and product knowledge to our Asia Pacific clients." said Mark Newman, Managing Director of GC Fac's Asia Pacific region.

Mr. Gan joins GC Fac from Allianz Marine and Aviation Asia Pacific, where he was Regional Manager with both production and underwriting responsibilities. He has strong client relationships from his vast experience in Asia Pacific as an underwriter for more than 10 years. Mr. Gan has also worked with Axa Re and General Cologne Re.

Guy Carpenter & Company, Inc. is the world's leading risk and reinsurance specialist and a part of the Marsh & McLennan Companies, Inc. Guy Carpenter creates and executes reinsurance and risk management solutions for clients worldwide through 2,600 professionals across the globe. The firm's full breadth of services includes 16 centers of excellence in Accident & Health, Agriculture, Alternative Risk Transfer, Environmental, General Casualty, Investment Banking*, Life & Annuity, Marine and Energy, Professional Liability, Program Manager Solutions, Property, Retrocessional, Structured Risk, Surety, Terror Risk, and Workers Compensation. In addition, Guy Carpenter's Instrat(R) unit utilizes industry-leading quantitative skills and modeling tools that optimize the reinsurance decision-making process and helps make the firm's clients more successful. Guy Carpenter's website address is www.guycarp.com.

*Securities or investments, as applicable, are offered in the (i) United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  through MMC Securities Corp., a US registered broker-dealer and member NASD/SIPC, and (ii) European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the

European Community
 through Marsh Advanced Risk Solutions Ltd. ("MARS Ltd."), regulated by the Financial Services Authority The Financial Services Authority ("FSA") is an independent non-departmental public body and quasi-judicial body that regulates the financial services industry in the United Kingdom. Its main office is based in Canary Wharf, London, with another office in Edinburgh.  for the conduct of investment business in the United Kingdom. Reinsurance products are placed through Guy Carpenter and insurance products are placed through qualified affiliates of Guy Carpenter. MMC Securities Corp. and MARS Ltd. are affiliates of Guy Carpenter.
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 7, 2006
Words:395
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