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.

Marsh and Octaviant Financial partner on pharma warranty program

11th May 2023

Insurance broker and risk advisor Marsh Octaviant Financial, Inc., an innovator in novel drug warranties and payment models, have partnered together to offer a specialised warranty program to pharmaceutical manufacturers that develop gene, cell and specialty therapies. This new warranty solution, available to Marsh’s life science clients commercialising any pharmaceutical therapies, ... Read the full article

Global commercial insurance pricing rose 4% in Q1 2023: Marsh

28th April 2023

According to the latest Global Insurance Market Index from Marsh, global commercial insurance pricing rose 4% in the first quarter of 2023, the same as in the prior quarter. This will be the twenty-second consecutive quarter in which composite pricing rose, which continues the longest run of increases since the inception ... Read the full article

Marsh launches multi-line facility Fast Track, led by QBE

21st April 2023

Insurance broker and risk advisor Marsh has launched Fast Track, a new insurance facility led by QBE that is set to provide a “substantial amount” of additional “follow form” capacity to its clients globally across major lines of business. The brokers new facility is backed by a panel of A-rated global ... Read the full article

Global growth drivers outweigh elevated geopolitical and economic risks: Marsh

31st March 2023

Global growth opportunities outweigh the current elevated geopolitical and economic risk landscape, according to a recent report published by insurance broker and risk advisor, Marsh. The 2023 Political Risk Report, published by Marsh Specialty, outlines the major shifts and trends in the global political and economic landscape that will impact multinationals ... Read the full article

Marsh names Sarah Stephens US Central Zone Leader

24th March 2023

Insurance broker and risk advisor Marsh has announced that its current Head of Cyber for the UK and International, Marsh Specialty, Sarah Stephens, will assume the role of US Central Zone Leader on May 1. In this role, she will lead Marsh’s 18 offices across the Central region of the US, ... Read the full article

Global commercial insurance rates continue to moderate in Q4: Marsh

3rd February 2023

Global commercial insurance prices increased 4% in Q4 of 2022, down from a 6% increase in Q3 and a 9% increase in Q2, according to Marsh's Global Insurance Market Index. Marsh's Index explains that this continues a trend of moderating increases that first began in Q1 of 2021. It adds that while ... Read the full article

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