Marsh McLennan

A decline in Emea revenue acts as a brake on primary broking growth in a quarter where group results beat forecasts.

Aviation rates held flat during first quarter renewals as underwriters prioritised profitability above volume or market share, according to JLT’s latest Plane Talking report.

Marsh has appointed Paul Denny as UK financial and professional (Finpro) practice leader.

Strengthening resolve among aviation underwriters is arresting a prolonged decline in rates, broker JLT Specialty said.

US auto insurers are expected to benefit from further rate increases that will feed through to the bottom line this year and into 2018, according to broker JLT Re.