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 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
Global cyber insurance pricing increases, outpacing other products: Marsh
2nd November 2022
In the first edition of its quarterly index that presents cyber data separately from financial and professional lines, Marsh has announced that cyber insurance pricing has increased again in Q3, outpacing other products. Cyber insurance pricing increased globally by 53% in Q3, while Property insurance pricing increased by 6%, Casualty insurance ... Read the full article
Marsh names Charles Sincock as ESG Strategy Leader in UK Advisory business
1st November 2022
Insurance broker and risk advisor, Marsh, has announced the appointment of Charles Sincock as ESG Strategy Leader within its UK Advisory business. Sincock joins Marsh from Capco where he was the global ESG delivery lead and UK ESG lead. He began his financial services career as an M&A banker at Dresdner ... Read the full article
Commercial rates moderate further through Q3: Marsh
31st October 2022
Global commercial insurance prices continued to moderate through the third quarter of 2022, according to data from re/insurance broker Marsh, with increases slowing to 6%, down from 9% in the second quarter. Marsh’s Global Insurance Market Index marks Q3 2022 as the 20th consecutive quarter of commercial rate increases, but it ... Read the full article
Nils Arne Fagerli to lead Marsh Specialty’s Norwegian business
7th October 2022
Insurance broker and risk advisor, Marsh, has appointed Nils Arne Fagerli as Head of Specialty in Norway. Based in Oslo, Fagerli will start his new role in April 2023. He will assume overall responsibility for Marsh Specialty’s Marine & Cargo, Energy & Power, and Construction industry clients in the country. Additionally, the ... Read the full article
ESG factors to play a larger role in the future of underwriting
5th October 2022
Leading insurance broker Marsh has released data from a survey of 30 insurers representing a significant cross-section of the UK insurance market, exploring how ESG factors are being used to assess clients’ risk profiles and the extent to which this trend might accelerate. The survey found that all respondents confirmed that ... Read the full article
Marsh McLennan names Doyle President & CEO as Glaser retires
26th September 2022
Global insurance and reinsurance broker Marsh McLennan has announced that John Doyle will take over from Daniel Glaser as President and Chief Executive Officer (CEO) from January 1st, 2023. Glaser is set to retire at the end of the year after leading the firm since 2013, having previously served as Marsh ... Read the full article
Marsh’s US clients now able to pay fees using carbon credits & renewable energy certificates
23rd September 2022
Leading insurance broker, Marsh has announced that US clients now have the option to pay their Marsh service fees in voluntary carbon offset credits and renewable energy certificates (RECs). The move, which is believed to be a first-of-its-kind in the financial services industry, is part of Marsh’s commitment to help accelerate ... Read the full article
Marsh & Ascot’s Ukrainian grain insurance facility now open to Lloyd’s brokers
23rd August 2022
Insurance broker Marsh and global specialty re/insurer Ascot Group have announced the first insurance placement for the new Marine Cargo and War facility. Launched earlier this month, the facility provides coverage for vital grain and food products transitioning through safe corridors established by the newly signed Black Sea Treaty between ... Read the full article
Marsh, Liberty Specialty Markets, and AIG collaborate on re/insurance facility for hydrogen projects
23rd August 2022
Marsh has collaborated with Liberty Specialty Markets and AIG to launch a new re/insurance facility that provides capacity to green and blue hydrogen energy projects. The facility will provide up to $300m of cover per risk for the construction and start up phases of hydrogen projects globally. As well as providing ... Read the full article
Marsh Index shows moderating trend for pricing through Q2
2nd August 2022
Global commercial insurance prices increased 9% in the second quarter of 2022, down from an 11% increase in Q1, according to the latest Global Insurance Market Index by re/insurance broker Marsh. While this does represent the 19th consecutive quarter of increases, analysts note that the rate of increase continued to moderate ... Read the full article
Ascot & Marsh to provide insurance for Ukraine sea corridor
29th July 2022
Specialty re/insurance group Ascot and broker Marsh have launched a marine cargo and war facility, which will provide coverage for vital grain and food products transitioning through safe corridors established by the newly signed Black Sea Treaty between Russia and Ukraine. Placed by Marsh, and led by Ascot, the Lloyd’s facility ... Read the full article
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