Reinsurance News
Marsh JLT Specialty
COVID-19 intensifies social inequality and political unrest: Marsh
13th April 2021
Analysts at insurance broker and risk advisor Marsh predict that pandemic-induced economic stress will continue to worsen global political risk throughout this year, along with amplifying the threats facing already-fragile economies. Marsh Specialty published the Political Risk Map 2021, which shows larger increases than ever before in country economic risk across ... Read the full article
Energy and power insurance market has continued to harden: Marsh JLT
2nd November 2020
According to reinsurance broker Marsh JLT Specialty's fourth Energy Insurance Quarterly Newsletter of 2020, the various component parts of the energy and power insurance market have all continued to harden throughout this year. Even where the loss environment has improved, such as downstream or upstream, there is still momentum from insurers ... Read the full article
Marsh JLT Specialty hires Rob Hale as London Market Leader
22nd October 2020
Insurance broker Marsh has announced the appointment of Rob Hale as London Market Leader, Power & Renewable Energy Practice for Marsh JLT Specialty. Hale is expected to join the business in the first quarter of 2021. He will be based in London and report to Andrew Herring, CEO, UK & Ireland, ... Read the full article
Marsh JLT Specialty names Chairman of UK construction practice
2nd July 2020
Global insurance and reinsurance broker Marsh has announced the appointment of Mike Johnson as Chairman of the UK Construction, Infrastructure & Surety Practice at Marsh JLT Specialty. In this role, Johnson will oversee the UK Construction, Infrastructure & Surety Practice, which advises many of the UK’s leading infrastructure, power and energy, ... Read the full article
COVID-19 increasing rate pressure for D&O Buyers: Marsh JLT Specialty
30th June 2020
Since 2019, pricing for directors & officers liability insurance for public companies has increased by double digits and, as a result of the COVID-19 pandemic, that pace of change is now accelerating. According to analysts at Marsh JLT Specialty, while the ongoing pandemic is currently a top priority and concern for ... Read the full article
Marsh JLT Specialty adds two to expanding Renewable Energy team
15th June 2020
Global insurance and reinsurance broker Marsh has announced the addition of Joanne Silberberg and Dan Gumsley within Marsh JLT Specialty's expanding Renewable Energy team. Silberberg joins the team as Canadian Renewable Energy Leader. She first joined Marsh in 2004 as part of the graduate programme and has subsequently held numerous roles ... Read the full article
Marsh expands renewable energy capabilities with key hires
28th April 2020
Global insurance broker Marsh has announced a series of key leadership appointments within Marsh JLT Specialty's Renewable Energy team. Oliver Holme joins as UK and US Offshore Wind Leader, a newly-created role, and reports to Hamish Roberts, Power Leader and Amy Barnes, Energy & Power Leader, US and Canada. Holme most recently ... Read the full article
Energy & power industry should prepare for turmoil, warns Marsh JLT Specialty
16th April 2020
Amid widespread uncertainty surrounding the potential impacts of the COVID-19 pandemic on the energy and power insurance sector, Marsh JLT Specialty has said that the industry should be prepared for a period of turmoil. Currently, the potential hit to the insurance and reinsurance industry from the impacts of the ongoing coronavirus ... Read the full article
Garrett Hanrahan promoted to Global Head of Aviation, Marsh JLT Specialty
26th February 2020
Global insurance brokerage Marsh has announced that Garrett Hanrahan has been promoted to Global Head of Aviation, Marsh JLT Specialty, effective April 15th, 2020. Hanrahan has been appointed as the successor to Simon Harker, who is retiring after 44 years in the industry. In his new role, Hanrahan will be based ... Read the full article
Philip Turner appointed UK Head of Specie, Marsh JLT Specialty
24th January 2020
Global re/insurance brokerage Marsh has announced that Philip Turner has rejoined the company as UK Head of Specie within Marsh JLT Specialty, based in London. Turner brings more than four decades of experience to the role, and is expected to join the firm in the first-quarter of 2020. Previously, Turner served as ... Read the full article
Sarah Stephens named Head of Cyber, International at Marsh JLT Specialty
10th January 2020
Global re/insurance brokerage Marsh has announced the appointment of Sarah Stephens as Head of Cyber, International, within Marsh JLT Specialty, effective immediately. Stephens will serve in this newly created role in addition to her current position as Cyber, Media & Technology Leader within the UK FINPRO Practice. She will take responsibility for ... Read the full article
Downstream continues to lead hardening energy market: Marsh JLT Specialty
10th January 2020
Downstream continues to see the largest rate increases in an overall hardening energy re/insurance market, according to Marsh JLT specialty, although there are signs that the upstream sector could soon step up a gear. Analysts noted that market correction efforts accelerated relentlessly for downstream energy across all regions in the fourth ... Read the full article
Capacity retraction & rate increases define marine renewals: Marsh JLT Specialty
7th January 2020
The key themes for the marine re/insurance market at the January 2020 renewals were a retraction of capacity, rate increases, job losses, and a keen approach to risk selection, according to Marsh JLT Specialty. Analysts noted that a major feature of the market last year was the speed at which a ... Read the full article
Louise Nevill joins Marsh JLT Specialty as CEO, UK Marine & Cargo
29th October 2019
Global re/insurance broker Marsh has announced the appointment of Louise Nevill as Chief Executive Officer (CEO) of Marsh JLT Specialty’s UK Marine & Cargo business. Nevill is due to join the firm early next year, arriving from Gard (UK) Ltd, where she has led the marine underwriting team as Vice President. She ... Read the full article
Guy Carpenter appoints Samengo-Turner as Global Facultative Leader
17th October 2019
Guy Carpenter, the reinsurance broking arm of Marsh & McLennan Companies, has announced the appointment of Dominic Samengo-Turner as Global Facultative Leader, while Simon Delchar takes over as Head of Marsh JLT Specialty, Asia. Samengo-Turner will relocate to London and will report to John Trace, Chief Executive Officer (CEO), North America, ... Read the full article
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