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.
Global commercial insurance pricing up 15% in Q2, finds Marsh
27th July 2021
Global commercial insurance prices increased 15% in the second quarter of 2021, according to the latest market index report by Marsh. It's reported that this year marks the 15th consecutive quarter of rate increases in the global commercial insurance market. Furthermore, it marks the third consecutive quarter to show a fall in ... Read the full article
Marsh, Guy Carpenter announce key leadership exchange
1st July 2021
Re/insurance brokers Marsh and Guy Carpenter have announced a series of key leadership appointments, including Paul Moody’s transition to serve as the latter’s UK Chief Executive Officer. Moody joins on September 1 from Marsh, a company he’s served for over two decades. He will report to Dean Klisura, President, Guy Carpenter and ... Read the full article
Marsh promotes Alex Guerin to Head of Office, London
28th June 2021
Insurance broker Marsh has appointed Alex Guerin as Head of Office, London, for its UK Corporate business, reporting to Andrew Wilton, Managing Director of UK Corporate’s South Region. In this role, Guerin will lead the London Corporate business team who advise clients on risk exposures and devise solutions to help them ... Read the full article
Prince Charles launches industry-led climate change task force at Lloyd’s
24th June 2021
HRH The Prince of Wales has launched his Sustainable Markets Initiative (SMI) insurance task force today during a visit to Lloyd’s of London. Chaired by Lloyd’s, the task force is composed of executives from many of the world’s largest re/insurers and aims to provide an influential platform for the sector to ... Read the full article
Marsh promotes Desmond to lead UK & Ireland Construction Industry
1st June 2021
Insurance broker Marsh has appointed Andy Desmond as UK & Ireland Construction Industry Leader. In this role, Desmond will support Marsh's construction clients by bringing together the construction sector, technical, placement and risk management specialists from across Marsh UK’s national and London-based specialty businesses. Throughout his 25-year career, he has practiced as ... Read the full article
Organisations continue to overlook threats posed by emerging risks: Marsh
25th May 2021
A new report by insurance broker Marsh claims that the majority of large and midsize organisations continue to disregard the rising threat posed by a range of emerging risks, overlooking the impact these could have on their businesses. Based on a global survey of nearly 1,000 organisations, the report picked up ... Read the full article
Marsh McLennan names two new General Counsels
18th May 2021
Marsh McLennan, a professional services firm in the areas of risk, has appointed Katherine Brennan as General Counsel of Marsh LLC and Connor Kuratek as Deputy General Counsel and Corporate Secretary of Marsh McLennan. Brennan will report to John Doyle, President and CEO, Marsh, and Peter Beshar, Executive Vice President and ... Read the full article
Guy Carpenter names Tres as lead of Strategic Risk & Capital Life Solutions, EMEA
17th May 2021
Guy Carpenter, the reinsurance arm of global brokerage Marsh McLennan, has hired Luca Tres as Head of Strategic Risk and Capital Life Solutions, EMEA, effective June 1st, 2021. In his new role, Tres takes on responsibility for driving continued growth in both the development and delivery of non-traditional life solutions to ... Read the full article
Chubb partners with Marsh to provide coverage for COVAX program
30th April 2021
Chubb and Marsh have collaborated with the World Health Organization (WHO) and Gavi, the Vaccine Alliance (Gavi), to provide coverage for The COVAX No-fault Compensation. The program offers lower-income countries and economies a process to receive compensation for events associated with vaccines distributed through COVAX up to the end of June ... Read the full article
“Disruption” from Aon – WTW merger an MMC growth driver, CEO Glaser suggests
27th April 2021
Global insurance brokerage Marsh McLennan may already be benefiting from new hires and clients gained as a result of the still impending Aon and Willis Towers Watson (WTW) merger, CEO Dan Glaser suggested today. During the Marsh McLennan (MMC) first-quarter 2021 earnings call that finished just recently, CEO Dan Glaser discussed ... Read the full article
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