Marsh McLennan

First quarter results are being watched closely amid global macro-economic turbulence after a bumper 2021.

Large energy property damage losses in 2020-21 saw a significant reduction, accounting for a total of $500mn across the two years.

To help achieve its goal, Marsh McLennan has selected seven carbon-offset projects across the world.

Liberty Mutual will provide US and Canadian clients that sign up for Marsh’s tool with ESG risk advisory services.

Colombian authorities said that Carpenter Marsh collaborated throughout the investigation and received a 50% discount on the fine.

Marsh transferred ownership of its Russian businesses to local management who will operate independently in the Russian market.

Helen Nuttall joins from Beazley, while Patrick Cannon was most recently at Tokio Marine Kiln.

The 30-person team move represented the latest raid from the UK-headquartered broker on Marsh McLennan.

The pair will head up the manufacturing and professional services teams.

The product, built in collaboration with Marsh, will cover costs incurred by a listed company to defend against a shareholder-activist campaign, with coverage starting at $1mn.

The appointment of Dan Okey comes amid several senior changes within Marsh’s construction team.

Nick Faull will be responsible for driving the company’s global sustainability and climate services goals.