Guy Carpenter Expands with Acquisition of Carpenter Turner in Greece
Guy Carpenter Expands with Acquisition of Carpenter Turner in Greece

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Guy Carpenter, a reinsurance specialist under Marsh McLennan, has announced its agreement to acquire the remaining 51.5% of shares in Carpenter Turner, an Athens-based reinsurance broker. This acquisition, anticipated to close by the end of 2024, follows an 11-year partnership between the two firms. Following the acquisition, Carpenter Turner will rebrand as Guy Carpenter Greece, with CEO Alexander Turner taking on the role of CEO for the new entity, overseeing reinsurance business operations in Greece and Cyprus. Guy Carpenter aims to leverage this merger to enhance its service offerings and extend its presence in Southern Europe.

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