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 expands in Italy with FRT acquisition

4th March 2025

Insurance broker Marsh has acquired Fontana Rava-Toscano & Partners (FRT), a Milan-based insurance brokerage, as part of its growth strategy in Italy. Terms of the acquisition were not disclosed. FRT, a property and casualty insurance broker and risk consulting firm, was established in 1992 by the current partners and Giancarlo Fontana ... Read the full article

Marsh highlights cybersecurity gap between SMEs and large organisations in the EU

21st February 2025

Marsh, a global insurance broker and risk advisor and a business of Marsh McLennan, has released findings revealing that small and medium-sized enterprises (SMEs) in the European Union (EU) are, on average, 15% behind larger organisations when it comes to cybersecurity controls. The report, "Why the Cybersecurity Gap Between SMEs and ... Read the full article

Marsh enhances Fast Track facility, increasing capacity for clients

20th February 2025

Marsh, an insurance broker and risk advisor under Marsh McLennan, has announced an expansion of its Fast Track facility, increasing available capacity for clients. Starting March 1, 2025, clients will have access to up to 10% automatic capacity across property, casualty, and specialty risk portfolios. Fast Track is available worldwide through ... Read the full article

Hinshelwood to succeed Colraine as Chair of Marsh Ltd

11th February 2025

Global insurance broker Marsh has announced the appointment of Nigel Hinshelwood as Chair of Marsh Limited in the UK. Subject to regulatory approval, Hinshelwood will succeed Tom Colraine on 31 March 2025. Chris Lay, CEO of Marsh McLennan UK, commented: “Nigel brings extensive experience of operating in the financial services sector to ... Read the full article

Global commercial insurance rates down 2% in Q4’24: Marsh

5th February 2025

After seven years of rate increases, global commercial insurance rates declined for the second consecutive quarter in Q4 2024, by 2% following a 1% fall in Q3, continuing the moderating trend seen in the Marsh Global Insurance Market Index since Q1 2021. The analysis from insurance broker Marsh shows that during ... Read the full article

Marsh McLennan appoints Sofia Gardefjord as COO of Nordics

4th February 2025

Global insurance and reinsurance broker Marsh McLennan has appointed Sofia Gardefjord as Chief Commercial Officer (CCO) for the Nordics. In this role, Gardefjord will focus on advancing commercial initiatives, strengthening client relationships across the Nordics, and fostering collaboration among Marsh, Guy Carpenter, Mercer, and Oliver Wyman. Gardefjord brings 15 years of experience ... Read the full article

No market hysteria but LA wildfire loss could temper reinsurance rate reductions seen at Jan 1: MMC

30th January 2025

Executives at global broking group Marsh McLennan (MMC) said today that although it's too early to tell exactly what impact the recent Los Angeles, California wildfires will have on the property market, moving forward, the magnitude of industry loss could temper risk-adjusted reinsurance rate reductions witnessed at the January 1st ... Read the full article

Marsh Asia promotes Martin Beck and Robert Jones

22nd January 2025

Insurance broker and risk advisor Marsh has appointed Martin Beck as the Energy Transition Leader and Robert Jones as the Renewable Energy Leader for Marsh Asia, based in Singapore. Beck has spent over five years at Marsh Asia, most recently serving as the Renewable Energy Practice Leader since September 2019. Previously, Beck ... Read the full article

Marsh Asia appoints Brent Clawson as Global Placement Leader

6th January 2025

Insurance broker and risk advisor Marsh has announced the appointment of Brent Clawson as Global Placement Leader for Marsh Asia. Clawson brings nearly two decades of industry experience, particularly in Asia. He has been working at Marsh for over a year now, joining the firm in September 2023 as Insurer Consulting ... Read the full article

Starr joins Octaviant Financial and Marsh as lead carrier on drug warranty platform

25th November 2024

Octaviant Financial has announced that Starr Insurance will join its partnership with Marsh to offer drug warranty services that enable pharmaceutical companies to guarantee the effectiveness of high-cost therapies. Through this partnership, Octaviant will provide drug warranties through its subsidiary, Actuaria Insurance Services LLC. With Starr now serving as the lead underwriter, ... Read the full article

Marsh names Fraser International Corporate & Commercial Leader

8th November 2024

Insurance broker Marsh has announced the appointment of Alistair Fraser to the newly-created role of International Corporate & Commercial Leader, effective 1 January 2025. Alistair Brighton will take over Fraser’s role as CEO, Corporate & Commercial UK, also effective 1 January, 2025 and subject to regulatory approval, In his new role, Fraser ... Read the full article

Marsh and We2Sure partner to tackle carbon credit fraud

4th November 2024

Insurance broker Marsh and We2Sure, a specialist in insurance and risk management solutions for carbon credit certificates, have launched a new insurance facility to help businesses tackle rising risks associated with carbon credit certificate fraud. The carbon credit industry, while offering businesses a way to offset their carbon dioxide emissions, is ... Read the full article

Marsh names Lang Digital Leader, Marsh Specialty and Global Placement

1st November 2024

Marsh, insurance broker and risk advisor and a business of Marsh McLennan, has announced the appointment of Christopher Lang as Digital Leader, Marsh Specialty and Global Placement, a newly created role, effective November 1. Based in New York and reporting to Pat Donnelly, President, Marsh Specialty and Global Placement, Lang will ... Read the full article

Carlos Rivera named CEO of Marsh McLennan LAC and President of Marsh LAC

31st October 2024

Marsh McLennan, a global insurance and reinsurance broker, has announced the appointment of Carlos Rivera as CEO, Marsh McLennan Latin America and the Caribbean (LAC) and President, Marsh LAC, effective January 1, 2025. Based in Bogotá, Colombia, Rivera will report to Flavio Piccolomini, CEO of Marsh McLennan International. He succeeds Ricardo Brockmann, ... Read the full article

Commercial insurance rates decline for first time in seven years during Q3: Marsh

24th October 2024

Marsh's Global Insurance Market Index has revealed that commercial insurance rates fell 1% in Q3 of 2024, the first time the index has recorded a quarterly decline since Q3 of 2017. According to Marsh, the insurance broker, risk advisor and business of Marsh McLennan, this result is a continuation of the ... Read the full article