Guy Carpenter & Co.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. broker GUY CARPENTER & CO. has appointed HUGH POWELL its new chief executive officer for Latin America and the Caribbean region. Powell helped start Guy Carpenter's offices in Santiago, Chile; Buenos Aires, Argentina; and Rio de Janeiro Rio de Janeiro, city, Brazil Rio de Janeiro (rē`ō də zhänā`rō, Port. rē`  thĭ zhənĕē`r , Brazil. Before
joining the broker in 1997, he was chairman of Wilcox Argentina and had
held several positions at Johnson & Higgins in Buenos Aires, New
York New York, state, United StatesNew York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and London. As part of his new role, Powell will manage GUY CARPENTER's operations in Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela and the Caribbean, as well as service operations in Miami. He will work closely with DON CALLAHAN, Guy Carpenter Canada's president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , who has assumed responsibility for treaty business generated in the Latin America/Caribbean region. Callahan, who continues to oversee all of Guy Carpenter's operations in Canada, previously was executive vice president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Sedgwick Re Canada. |
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