Marsh McLennan
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Analysts expect Q3 cat losses to be manageable for their covered (re)insurance companies.
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The target has set aside up to £100mn to retain talent after a takeover.
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Atrium is understood to be the lead insurer on the main contractual-protection insurance placement.
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JLT is witnessing upwards pricing movement in the aviation insurance market as the sector moves into its busiest time of the year during the final quarter renewal season.
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The ratings agency says it believes Marsh will be able to de-lever back to the “mid-2x area” over the next two years after it acquires JLT.
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John Lloyd leaves the broker after serving more than 45 years in the (re)insurance industry.
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The collaboration follows the development of the broker's commercial blockchain for proof of insurance.
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The MMC chief tells delegates at InsureTech Connect that the JLT takeover emphasises the importance of human capital in the industry.
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A lack of major losses has helped insureds push for better pricing, according to JLT.
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The Insider 50 contracted by 1.3 percent last week, reaching 1,150.0 index points as the quarter drew to a close.
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Under representation of black Americans may foster a ‘cycle of under representation.’
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Ed Hochberg reflects on growth through M&A weeks after Marsh’s $6.4bn JLT deal.