Marsh McLennan
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Christos Adamantiadis succeeds outgoing CEO Siegmund Fahrig, who will retire at the end of the year. -
Former renewables head Hamish Roberts has moved to work as growth leader for the broker in the UK and Ireland.
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Marsh McLennan is mobilising the insurance industry to support the UN’s Race to Resilience initiative, starting by featuring 17 climate adaptation projects.
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Cyber saw the biggest increase in the quarter, while financial and professional lines saw a slight reduction.
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Anthony Siggers previously held a number of senior positions at WTW, including global head of broking operations, technology and analytics.
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Marsh CEO Martin South added that the broker expected to see property rates easing, but "the reverse is going to be true."
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Guy Carpenter is lining up for a challenging 1 January renewal, but hard conditions may ultimately prove a tailwind.
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The broker continued to expand margins and posted adjusted earnings per share slightly above analyst expectations.
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Reid Stanway will support and influence London market firms’ digital transformation strategies.
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Plus a changing of the guard at Marsh McLennan and all the top news of the week.
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The incoming CEO said growth areas would include the middle market, Asia, LatAm and MGAs.
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Retiring Marsh McLennan CEO Dan Glaser said the company’s staff had demonstrated “real grit in tough times”.
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