Marsh News – Page 3
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NewsGlobal commercial insurance costs rose 4% in Q4 2022 – Marsh
The average rate of increase slowed across most lines, however
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NewsMarsh arranges cover for ‘historic’ first space launch from UK soil
Insurance sector must keep abreast of ‘changing space industry’, says head of space
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NewsHope on the horizon for cyber insurance pricing as losses improve – Marsh
The industry must be prepared to deal with new emerging threats if this trajectory is to continue, however
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NewsLiiba and Marsh to offer students insurance industry insight
The opportunity will only be open to students who have been invited by Stem Learning
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NewsMarsh McLennan names new chief executive and president as Daniel Glaser set to retire
Outgoing president and chief executive says ‘the best is yet to come’
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NewsEmployee mental health and financial uncertainty top concerns for UK SMEs in 2022 – Marsh
Inflation hitting a 40-year high will have a ‘profound impact’ on how these firms operate now and in the future, says corporate and commercial chief executive
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NewsMarsh and Ascot Group deliver first placement of marine cargo and war insurance
The facility is now available to clients of Lloyd’s of London registered brokers
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NewsMarsh launches new (re)insurance capacity for hydrogen energy projects
The broker states that adequate insurance provision for greener technologies is lacking
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NewsUK insurance pricing moderates in Q2 2022 – Marsh
Pricing was most challenging for those with clients dealing with natural catastrophe exposures, for example
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NewsCryptocurrency crisis leading to insurance policy wording amendments
Volatility in a market in its infancy is creating calls for regulation, says FCA chief executive
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News‘There will always be a need for insurance’ – Lloyd’s boss John Neal
The insurance industry provides ’a framework for bouncing back’, as risk can never completely be eliminated and ’we cannot just look to politicians for answers’
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NewsFCA slams JLT Specialty with multimillion pound fine
Insufficient controls by the firm meant that ‘money flowed into the pockets of corrupt officials’, says the regulator’s director
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NewsSuccessful D&I strategies require the insurance industry to stop ‘playing musical chairs’
There is an opportunity for the industry to rebrand insurance in order to encourage school leavers to join the sector
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NewsMarsh UK and Ireland commits to employing 30 autistic colleagues
A ‘truly healthy’ workplace culture must be ‘inclusive, diverse and equitable to everyone’, says chief executive
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NewsData breach and ransomware the main drivers for UK 2021 cyber claims – Marsh
The health care sector was the hardest hit
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NewsCyber insurance sees triple-digit pricing increase in Q4 2021 – Marsh
The rate increase has been driven by a rise in ransomware claims
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NewsMarsh ranked top broking group for worldwide revenues in 2021 – Insuramore
The broker was also ranked as the leader in commercial property and casualty insurance retail broking
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NewsC-suite confidence in managing cyber risk has dropped – Marsh
Despite the drop, more organisations are using quantitative methods to measure their cyber risk exposure
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NewsGRP’s County Group buys broker in third deal of 2022
County Group is ‘actively looking for more opportunities’ and is keen to speak to vendors
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NewsWTW suffers $138m financial hit on Russian business exit
The broker saw a 3% dip in its revenue compared to the same period last year as a result
