Reinsurance News

Marsh news

News about Marsh, one of the world’s leading insurance brokers and part of the Marsh & McLennan group of companies.

News on Marsh’s activities in insurance markets, as a broker, originator, adviser and structurer of risk transfer transactions.

Marsh is also associated with reinsurance broker Guy Carpenter, another member of the Marsh & McLennan group.

Guy Carpenter’s revenue up 8% during an ‘outstanding year’ for Marsh McLennan

26th January 2023

Insurance and reinsurance brokerage, Marsh McLennan, has today reported consolidated revenue of $5 billion for Q4 and $20.7 billion for the full-year 2022, supported by solid revenue growth at its reinsurance arm, Guy Carpenter. At $5 billion, consolidated revenue in the fourth quarter of 2022 actually declined by 2% when compared ... Read the full article

Marsh announces new leadership appointments in Europe

20th January 2023

Insurance broker and risk advisor Marsh, has announced three new leadership appointments in Europe. Nilay Ozden was named Leader of Marsh Specialty, Europe. Cristian Fugaciu and Artur Grzeskowiak were appointed co-CEOs, Central & Eastern Europe (CEE). Based in London, Ozden will report to Lucy Clarke, President, Marsh Specialty and Global Placement, ... Read the full article

Robert Perry named UK CEO, Credit Specialties, Marsh Specialty

19th January 2023

Insurance broker Marsh has appointed Robert Perry as UK Chief Executive Officer, Credit Specialties, Marsh Specialty. Perry takes on this new role in addition to his current role at Marsh as Global Political Risk & Structured Credit Leader. Based in London, Perry will report to Nick Robson - Global Leader, Credit Specialties, ... Read the full article

MMA acquires HMS Insurance Associates

9th January 2023

Marsh McLennan Agency (MMA), a subsidiary of Marsh, has acquired Maryland-based HMS Insurance Associates (HMS), one of the US's largest independent agencies. As part of the acquisition, in which the terms were undisclosed, all of HMS's 120-plus employees, including president Gary L. Berger, will join MMA and work in the Hunt ... Read the full article

Marsh names Siân French as Head of Coverage for Global Placement

23rd December 2022

Global insurance broker and risk advisor Marsh has announced the appointment of Siân French as Global Head of Coverage for Global Placement. Effective January 1, 2023, she will take up the new position, working closely with insurance partners to negotiate and provide consistent coverage and claims outcomes for clients. French has worked ... Read the full article

Marsh announces new appointments within Marsh Captive Solutions

21st December 2022

Insurance broker and risk advisor Marsh, has made three new leadership appointments within Marsh Captive Solutions. Lorraine Stack, is succeeding Brian McDonagh - who is retiring from Marsh after 27 years of service - as leader of Marsh Captive Solutions’ Ireland operations. This is an additional role to her current position ... Read the full article

Marsh Asia promotes Sean Chong Chou to CEO Malaysia

13th December 2022

Insurance broker and risk advisor Marsh has announced the promotion of Sean Chong Chou to CEO Malaysia, effective 1st of January 2023. Chou is stepping up from his current position as Deputy CEO, which he has held for over a decade. According to Marsh, Chou will be responsible for delivering the company's ... Read the full article

Marsh names Paul Knowles Global Head of PEMA

30th November 2022

Global insurance broker and risk advisor, Marsh has appointed Paul Knowles as Global Head of its Private Equity and M&A (PEMA) Practice, Marsh Specialty. Knowles is currently the Head of Marsh Specialty, Continental Europe. He will start his new role in January and will relocate from London to New York in ... Read the full article

Marsh hires Billy Aldous as Vice President, Cyber

28th November 2022

Broker and risk advisory firm, Marsh, has appointed Billy Aldous as Vice President, Cyber. Aldous joins Marsh from McGill and Partners, where he served as a reinsurance broker. Prior to McGill and Partners, Aldous spent three years working at AIG, where he held the role of Assistant Ceded Reinsurance Manager, where he ... Read the full article

Review of regulations hampering UK captive development needed: Marsh’s Lay

25th November 2022

During a speech at the Insurance Institute of London, Institute President and Marsh CEO of UK & Ireland, Chris Lay, called attention to how regulatory barriers are preventing the UK from being recognised as a suitable location for captive insurance vehicles, despite it being a global hub for financial services ... Read the full article

Marsh to acquire majority share in Moroccan insurance broker Beassur Marsh

24th November 2022

Insurance broker and risk advisor, Marsh, has announced that it intends to exercise its option to acquire the majority of shares in Beassur Marsh, following its acquisition of a stake in the Moroccan insurance broker in June 2019. The Beassur Marsh team is headquartered in Casablanca and will become part of ... Read the full article

Marsh places insurance for UK space launch with Beazley

23rd November 2022

Broker and risk advisory firm Marsh says it has placed insurance with Beazley for the first space rocket launch from the UK. The firm said that the launch – which is expected to take place this year at Spaceport Cornwall, one of the UK’s first domestic spaceports – will carry, among ... Read the full article

Marsh appoints Christos Adamantiadis as CEO, Continental Europe

15th November 2022

Leading insurance broker and risk advisor, Marsh, has announced the appointment of Christos Adamantiadis as CEO, Continental Europe, effective from the 1st of January 2023. Adamantiadis joined Marsh back in 2018 and is currently CEO of Marsh’s Middle East and Africa region. Before joining the firm, he was Chief Executive of UAE-based ... Read the full article

Innovative risk solutions key for climate-resilient economy transition, say experts

14th November 2022

Insurance and other risk transfer and financing mechanisms will become increasingly important in managing catastrophic risk as countries transition to more climate-resilient economies as Egypt considers a new NatCat pool, according to experts. At the “Adapting to a changing climate in the management of catastrophic risks in Egypt” conference on November ... Read the full article

Michael Kolodner named renewable energy leader at Marsh Specialty

14th November 2022

Marsh has appointed Michael Kolodner as its global renewable energy leader at Marsh Specialty. The firm said that Kolodner, who rejoined Marsh in 2020 as US power and renewable energy leader, will maintain his current responsibilities, while also leading an integrated team of more than 250 renewable energy specialists around the ... Read the full article