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 7% as Marsh reports ‘outstanding’ first quarter

27th April 2021

Global insurance brokerage Marsh McLennan has reported consolidated revenue of $5.1 billion for the first quarter of 2021, supported by solid revenue growth at its reinsurance broking arm, Guy Carpenter. Consolidated revenue increased 9%, or 6% on an underlying basis from the prior year quarter, as operating income jumped, year-on-year, from ... Read the full article

Marsh adds Alex Dahlmann to lead Swedish captive operations

21st April 2021

Insurance broker Marsh and announced the appointment of Alex Dahlmann as head of office for its Swedish captive operations. In this role at Marsh Management Services AB Sweden Dahlmann will help develop and deliver captive management, insurance, accounting, regulatory compliance, and consulting services to captive owners in the region. The captive was ... Read the full article

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

Marsh (MMA) acquires Montana-based PayneWest Insurance

6th April 2021

Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has announced the acquisition of PayneWest Insurance, a Missoula, Montana-based independent agency. PayneWest, which was founded almost 30 years ago, provides business insurance, surety, employee benefits, and personal insurance services to firms and individuals across the Northwest through ... Read the full article

Marsh makes leadership changes within US FINPRO practice

26th March 2021

Global insurance brokerage Marsh has announced new leadership appointments within its US Financial Institutions and Financial and Professional Liability (FINPRO) practices. Jacqueline Quintal, currently a Managing Director within Marsh’s US Financial Institutions Practice, has been named to the additional role of US Digital Asset Leader where she will oversee the delivery ... Read the full article

Transactional risk insurance hits record high in 2020: Marsh

16th March 2021

A new report from Marsh shows that transactional risk insurance purchases reached a record high in the US and Canada over 2020 despite challenges due to the pandemic. After a dramatic downturn in the second quarter of 2020 due to the coronavirus pandemic, merger and acquisitions (M&A) deal volume soared to ... Read the full article

Marsh appoints Amy Barnes to lead sustainability, climate change strategy

10th March 2021

Insurance broker Marsh has announced the appointment of Amy Barnes to the newly created role of Head of Sustainability and Climate Change Strategy, effective 1 April. Barnes is set to relocate to London later this year and will report to Lucy Clarke, President, Marsh JLT Specialty and Global Placement. She will be ... Read the full article

Marsh appoints Bryant to lead national public entity industry practice

9th March 2021

Insurance broker Marsh has added Kevin Bryant to lead its national public entity industry practice. Bryant will help ensure that state and local government and not-for-profit clients across the US receive continued public sector expertise, insights, and transactional services. He joins Marsh from Aon, where he spent the last 14 years as ... Read the full article

Marsh partners with Unqork on placement, policy management platform

24th February 2021

Re/insurance broker Marsh has partnered with software firm Unqork on a new digital platform designed to streamline insurance placement and policy management services in the US. The platform will aim to create a digital workspace where Marsh's brokers and the insurers they work with can quickly perform key placement and policy ... Read the full article

Global Risk Partners to acquire Marsh’s UK Networks operation

18th February 2021

Lloyd’s of London broker Global Risk Partners (GRP) has reached an agreement to acquire Marsh's UK Networks business, which consists of Marsh ProBroker, Bluefin Network and Purple Partnership. The agreement, which remains subject to regulatory approval, is expected to close by the second-quarter of 2021 and also includes the acquisition of ... Read the full article

Marsh promotes Ankur Kacker to UK Digital Asset Leader

12th February 2021

Global insurance brokerage Marsh has named Ankur Kacker as UK Digital Asset Leader in the Financial & Professional (FINPRO) Practice of Marsh JLT Specialty, based in London. In his new role, Kacker will report to Philip Turner, Specie Practice Leader and takes on responsibility for the development of new insurance solutions ... Read the full article

Commercial insurance prices up 22% in Q4: Marsh

4th February 2021

New data from broker Marsh shows that global commercial insurance prices increased by 22% in the fourth quarter of 2020. The increase was the largest recorded since Marsh first released its Global Insurance Market Index in 2012, and follows year-on-year average increases of 20% in the third quarter of 2020 and ... Read the full article

Marsh UK appoints Tom Colraine as Chairman

19th January 2021

Marsh UK, a division of global insurance brokerage Marsh, has appointed Tom Colraine, who has been a non-executive director of the business since 2018, as Chairman, succeeding Jane Barker. Colraine has experience as a non-executive director, including as Chair of Hastings Group Holdings and the Compre Group, as well as chairing ... Read the full article

Marsh launches UK sharing economy, mobility group

11th January 2021

Insurance broker and risk advisor Marsh has launched a dedicated Sharing Economy & Mobility (SE&M) industry group in the UK & Ireland. The group is led by Sam Tiltman and brings together over 25 sector specialists encompassing insurance placement and risk management disciplines from across the business. The group will support all ... Read the full article

Marsh names Phil Hobson affinity leader, international division

21st December 2020

Global insurance and reinsurance broker Marsh has appointed Phil Hobson as affinity leader within its international division, a newly created role. Hobson will oversee the development of Marsh’s affinity business across the international division, comprising Africa, Asia, Continental Europe, Latin America & the Caribbean, Middle East and North Africa, Pacific, and ... Read the full article

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