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 hires Latham as Alternative Risk Transfer Leader for UK&I

2nd February 2022

Re/insurance broker Marsh has announced the appointment of Matthew Latham as Alternative Risk Transfer Leader, UK & Ireland. In this role, he will advise clients on risk finance optimisation with a focus on alternative solutions including structured reinsurance, legacy transactions, and other bespoke insurance options. As part of Marsh’s UK Financial Solutions ... Read the full article

Rate increases persist, reflecting losses and low returns: Marsh McLennan CEO

31st January 2022

In the property and casualty (P&C) insurance market, rate increases have persisted and reflect elevated losses, low returns, concerns about inflation, and a firming reinsurance market, reported Dan Glaser, President and Chief Executive Officer (CEO) at Marsh McLennan (MMC). During the broker's Q4 earnings call, he explained that the Marsh Global ... Read the full article

Guy Carpenter contributes to strong revenue growth at Marsh McLennan

27th January 2022

Global insurance broker Marsh McLennan has reported "one of the finest results" in its history with underlying revenue growth of 10% for both the fourth quarter and full year 2021, supported by 5% growth at Guy Carpenter, its reinsurance arm. Year-on-year, consolidated revenue increased by 16%, or 10% on an underlying ... Read the full article

Marsh and Risilience collaborate on informing customers about climate change

25th January 2022

Marsh and Risilience are to collaborate on a risk platform to help the former’s clients understand the risks resulting from climate change. The project, done through Risilience’s risk platform, will reportedly help clients map their journey towards net zero and help them generate annual climate risk reports that fall into line ... Read the full article

Marsh shakes up its FINPRO division again

24th January 2022

Tim Payne and Michael Morgan have been recruited by Marsh to be its respective UK chairman of its FINPRO practice and the head of professional liability. Based in London, the two men will report to current UK CEO of FINPRO business Beth Thurston. Payne has over 35 years' industry experience and was ... Read the full article

WTW appoints Julie Baker to new role

18th January 2022

WTW has appointed Julie Baker to be its new lead relationship management for the banking sector. Baker will begin her role in April, moving to WTW after working for over two decades at Marsh. There, she designed and managed bespoke financial lines programmes for a broad spectrum of financial services clients ... Read the full article

Marcela Mazzocchetti named CEO, Carpenter Marsh Fac, Miami

24th December 2021

Marcela Mazzocchetti, Head of Broking, Bowring Marsh Miami, has been appointed as Chief Executive Officer (CEO) of Carpenter Marsh Fac, Miami. Mazzocchetti has been with the global insurance and reinsurance broker for more than 19 years, having joined in August 2002 as a reinsurance broker. She was later named Sales Leader LAC, ... Read the full article

Marsh raises stake in Marsh India to 92%

23rd December 2021

Marsh, the global insurance broker, has announced an increase in its shareholding in Marsh India Insurance Brokers Pvt. Ltd. from 49% to 92%, following the acquisition of shares from local partners, including the entire shareholding of the Rampant Trust. The increased investment enables Marsh to more effectively meet the complex needs ... Read the full article

Marsh hires Rick Howell as Aviation Operational Risk Consulting Leader

21st December 2021

Insurance broker and risk advisor Marsh has appointed Rick Howell as Aviation Operational Risk Consulting Leader. Based in Hong Kong, Howell will report to Garrett Hanrahan, Global Head of Aviation & Space, Marsh Specialty. In his new role, Howell will advise Marsh Specialty’s aviation clients globally on best practice in operational risk ... Read the full article

Marsh makes senior FINPRO Specialty appointments

8th December 2021

Insurance broker and risk advisor Marsh has announced several senior leadership appointments within its Financial and Professional (FINPRO) Specialty. Effective 1 January 2022, Paul Denny is appointed as Global Specialty Head, FINPRO, Marsh Specialty. Additionally, Beth Thurston has been appointed UK CEO of FINPRO business, and Stephanie Manson as UK Management Liability ... Read the full article

Marsh Specialty names Michelle Sartain as head, US and Canada

7th December 2021

Re/insurance broker Marsh has appointed Michelle Sartain as head of Marsh Specialty for the US and Canada. In this role, Sartain will oversee Marsh’s aviation, construction, energy and power, credit specialties, financial and professional (FINPRO), marine, private equity and M&A (PEMA), and transactional risk specialty businesses in the region. Currently head of ... Read the full article

Bowring Marsh names Justine Mayhew as CEO, UK & Ireland

6th December 2021

Re/insurance broker Marsh has appointed Justine Mayhew as CEO, UK & Ireland, of Bowring Marsh, Marsh’s international placement business. Mayhew will be based in London and reports to Tom Davies, Global CEO, and will lead its London-based team of international placement specialists. She will also provide risk transfer solutions, benchmarking, and claims advocacy ... Read the full article

Bond to lead Marsh’s climate and sustainability innovation efforts

2nd December 2021

Re/insurance broker Marsh has named Ryan Bond to lead its climate and sustainability insurance innovation efforts, a role effective in the new year. Based in London, Bond will report to Amy Barnes, Head of Climate and Sustainability Strategy. Having joined the business in 2007, he will now be responsible for leading the ... Read the full article

SMEs responded well to COVID-19 and Brexit: Marsh

30th November 2021

According to a new report by insurance broker Marsh, small and medium sized enterprises (SME) in the UK believe that their business continuity plans responded well to both the COVID-19 pandemic and Brexit, despite the disruption they have experienced since the beginning of 2020. However, the report also highlighted that since ... Read the full article

Guy Carpenter and Marsh to combine South Africa operations

23rd November 2021

Guy Carpenter and Marsh, both businesses of Marsh McLennan (MMC), have announced that they will combine their South Africa facultative reinsurance operations into a single business from January next year. The new unit will operate under the Guy Carpenter brand as it’s part of the company’s strategy to expand its presence ... Read the full article