Marsh McLennan
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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.
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The Q1 figure represents a 2-point acceleration on the 7% reported in Q4 2023.
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Graham Knight will become chairman of natural resources.
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Rates continue to trend downwards in the D&O class of business.
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The move comes as rates continue to decrease in the D&O class.
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The talks are advanced, and the process is likely to move rapidly.
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The move reunites Van Leuven with former colleague Kristof De Bremme.
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Marsh Specialty has released its Political Risk Report 2024.
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The marine hull market is looking to retain rating robustness in 2024.
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The facility was launched in November for grain shipments.
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