Marsh McLennan
-
Loss assessment is ongoing but the event looks likely to be a total loss. -
Darren Howlett was a member of Marsh’s relationship management executive leadership.
-
Renewable energy assets have been plagued by severe weather losses.
-
Cyber insurance rates for UK clients dropped 12% on average, Marsh said.
-
He will report to Cynthia Beveridge, global chief broking officer for commercial risk.
-
Since 1 January, the market’s potential descent into freefall has been closely watched.
-
WTW is looking to strategically hire across its business, having rebuilt its team following the failed Aon merger.
-
The broker had been vying with Marsh McLennan and AJ Gallagher.
-
The broker said the $125mn excess cyber vehicle is now the largest of its kind.
-
The practice aligns existing capabilities from Marsh Specialty and others.
-
Global commercial insurance rates rose 1% in Q1, down from a 2% increase in Q4 2023.
-
The US casualty market was “challenging”, the executive said.
Most Recent
-
Aon extends Clavarino contract to 2029
09 May 2025 -
Aon sets up new US property facility
09 May 2025 -
QBE boosts Q1 premiums 7% to A$8.3bn
09 May 2025 -
Daily Digest: Top news from 9 May
09 May 2025