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.
David Ripton joins WTW to lead Broking, Global Marine, CRB
15th March 2019
Global insurance and reinsurance broker, Willis Towers Watson (WTW), has announced the appointment of David Ripton as Head of Broking, Global Marine in its Corporate Risk and Broking (CRB) unit. Ripton joins the firm from rival brokerage Marsh, where since 2014 he held the position of Chief Executive Officer (CEO) for ... Read the full article
Marsh launches intellectual property solution
8th March 2019
Global re/insurance broker Marsh has launched an insurance solution specifically tailored to address risks associated with an organisation’s intellectual property (IP). IP Protect is a proprietary Marsh policy backed by Ambridge Partners, a managing general underwriter of transactional, complex management liability, and intellectual property insurance products. “As the importance of IP rights ... Read the full article
Marsh adds AIG’s Bauer to lead U.S Sharing Economy, Mobility Practice
7th March 2019
International re/insurance brokerage Marsh has appointed Robert Bauer to lead its U.S Sharing Economy & Mobility Practice. Bauer joins from AIG where he served as General Insurance Head of Innovation and its Sharing Economy Group. In his new role Bauer will focus on developing and delivering products and services to companies operating ... Read the full article
JLT’s Howett to become Marsh Ireland CEO; Grogan made Exec Chairman
5th March 2019
The Managing Director of JLT Ireland Patrick Howett is to become the Chief Executive Officer of Marsh Ireland upon the completion of Marsh & McLennan Companies’ previously-announced $5.6 billion acquisition of JLT Group. Meanwhile, Joe Grogan has been appointed Executive Chairman of Marsh Ireland. Both Howett and Grogan will be based in ... Read the full article
Growth in protectionism & geopolitical tensions to impact re/insurers: Marsh
28th February 2019
Rising geopolitical tensions and protectionist sentiments, in combination with ongoing trade disputes, and resulting in increased uncertainty and risk for multinationals such as re/insurers, according to Marsh, particularly for those with direct foreign investments. Marsh’s Political Risk Map 2019 rated more than 200 countries and territories on the basis of short ... Read the full article
Beazley, Marsh launch cyber & breach solution for US manufacturers
27th February 2019
Specialist insurer Beazley and global broker Marsh have collaborated on the launch of a new tailored cyber insurance and breach response solution for U.S. manufacturers. Together, Beazley and Marsh have created Manufacturer's First Response, a Marsh and Beazley Breach Response (BBR) initiative that provides the following coverages tailored specifically to address ... Read the full article
Global property & FinPro lines drive Q4 commercial insurance price increases: Marsh
25th February 2019
Global commercial insurance pricing increased by an average of 2% in the final quarter of last year, driven mostly by increases in global property and financial and professional (FinPro) lines, according to international re/insurance broker Marsh. The market remained stable overall, says Marsh, and the 2% average increase in the fourth-quarter ... Read the full article
Marsh has placed more than 15,000 risks through the PPL
14th January 2019
Global insurance and reinsurance broker Marsh has announced that in 2018, it had placed more than 10,000 risks through the London Market Group's (LMG) electronic placement platform, Placing Platform Limited (PPL). In total, Marsh has now placed more than 15,000 risks on the electronic platform, which is used by the Lloyd's ... Read the full article
Marsh establishes China office in Dubai: reports
27th December 2018
Global re/insurance broker Marsh has established a China desk in Dubai in order to benefit from the growing commercial links between China, the Middle East and Africa, according to reports by Reuters. Marsh is the latest multinational to make such a move in Dubai, which is benefiting from a regional business ... Read the full article
Marsh-JLT Specialty announces key leadership changes for UK & Ireland
20th December 2018
Following yesterday's news of global re/insurance broker Marsh's intended global leadership reshuffle, the firm has announced a number of further appointments - this time focused on key UK & Ireland roles within what will be known as Marsh-JLT Specialty - as its’ parent, Marsh & McLennan Companies, prepares for the ... Read the full article
Combining Marsh, JLT talent a chance to deliver greater value to clients: Marsh CEO
19th December 2018
Global re/insurance broker Marsh has revealed a slew of new appointments as the organisation's parent, Marsh & McLennan Companies, prepares for its acquisition of JLT, with Chief Executive Officer John Doyle stating that the combination of Marsh’s and JLT’s capabilities and colleagues is an “exciting opportunity to deliver greater value ... Read the full article
Lonham appoints Marsh’s Matt Haywood as Marine Underwriter
27th November 2018
Lonham Insurance Underwriters, a member of the international specialty insurance group Chaucer, has announced the appointment of Matt Haywood as Marine Underwriter. Lonham says this appointment is aimed at expanding its specialist underwriting and claims service to the UK cargo and freight liability market. Haywood brings over 24 years’ experience in the ... Read the full article
Marsh granted first captive management licence in Abu Dhabi
27th November 2018
Global re/insurance broker Marsh has been awarded the first licence to provide captive insurance management services in Abu Dhabi. The firm, operating as Marsh Management Services (MENA) Limited, has been authorised by Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA). The AGDM is the international financial centre in the capital ... Read the full article
Commercial insurance pricing continues to rise at Q3: Marsh
23rd November 2018
Average commercial insurance prices rose by just over 1% over the third quarter of 2018, marking the fourth consecutive quarter of pricing increases for the sector, according to the latest Global Insurance Market Index by re/insurance broker Marsh. The pricing trend has largely been driven by increases in property and financial ... Read the full article
Marsh combines specialty unit with JLT, makes key leadership changes
13th November 2018
Global re/insurance broker Marsh has began the integration process of JLT - which it acquired for $5.6 billion in September - with the formation of Marsh-JLT Specialty, a new specialty business that combines the teams of both businesses. In addition to becoming Vice Chairman of Marsh & McLennan Companies and a ... Read the full article