All Marsh articles
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NewsMarsh McLennan’s Dan Glaser to step down
Marsh McLennan announces John Doyle will succeed Glaser as president and CEO when he retires at year end
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Marsh clients can use carbon credits in lieu of broker fees
Program (in partnership with Bank of America) provides ‘another incentive’ for clients to invest in carbon removal
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Ukrainian grain insurance facility secures first placement
Marine cargo and war facility has been extended to clients of Lloyd’s brokers
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Marsh launches green and blue hydrogen insurance facility
Led by AIG and Liberty Specialty Markets, the facility offers up to $300m per risk including cover for property damage and BI
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Insurers must deploy capital ‘confidently’ to tackle cyber crunch
Demand for cyber insurance has increased - but so has the price
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Commercial rates rise for the 18th consecutive quarter
Hard market is beginning to moderate but inflationary pressure could impact pricing going forward - Marsh
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Marsh launches ESG risk rating measure
Insureds can use the results to improve their ESG risks, and gain access to additional insurance market capacity
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Big three brokers exit Russia
Marsh, WTW and Aon have announced they will cease all business in Russia
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Marsh pulls all Russian business
Intermediary business Marsh McLennan has decided to cease and exit all its businesses in Russia, following the state’s invasion of Ukraine last month (February 2022).
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Hard market continues with cyber rates up 130% in Q4
It was the 17th consecutive quarter of commercial insurance price increases, according to Marsh
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Marsh’s vice-chairman set to retire this March
Drummond-Brady joined the insurance broker and risk advisory firm in 2019 following Marsh McLennan’s acquisition of the Jardine Lloyd Thompson Group (JLT) - the deal was initially announced in September 2018 and completed in April 2019.
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Cyber threats ‘growing faster than ability to prevent and manage them effectively’
The recent ”intensification” of cyber attacks indicates that ”cyber threats are now growing faster than our ability to prevent and manage them effectively”, according to Carolina Klint, risk management leader for continental Europe at broker Marsh.
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Climate crisis is ‘biggest long-term threat facing humanity’
Worries around climate change and the associated risks dominate global concerns, according to the latest report by international non-governmental and lobbying organisation the World Economic Forum (WEF).
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WEF Report: Climate inaction dominates global concerns
Top risks are climate crisis, growing social divides, heightened cyber risks and an uneven global recovery, as pandemic lingers on
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Marsh appoints UK and Ireland boss for international placement business
Broker Marsh has promoted Justine Mayhew to chief executive for UK and Ireland of Bowring Marsh, its international placement business, effective from 1 January 2022.
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Gaps remain in SME risk management
UK firms continue to worry about Brexit and identify COVID-19 or a new pandemic as top critical external risk, finds Marsh
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Global commercial insurance prices up 15% in Q3 2021 - Marsh
Global commercial insurance prices climbed 15% in the third quarter of 2021, according to the Global Insurance Market Index released by Marsh today (26 October 2021).
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Captive growth surges, led by PCCs
Marsh helped clients form over 100 captives of all types around the world in 2020, almost double the usual formation rate
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Just 30% of FTSE 100 firms are TCFD compliant
The UK government intends to make Task Force on Climate-related Financial Disclosures mandatory by 2025 - Marsh
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Insurance and construction industry must join forces to combat evolving risks – Marsh
The construction and insurance industry must work together to ensure changing risk profiles are managed appropriately, according to Marsh’s latest report.
