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Marsh global rates index stays flat at 4% gain in Q1, property accelerates

Primary insurance rate increases were 10% for property in Q1 compared to 7% in Q4.

Thorsten Schier, 20 April 2023
BMS hires fac leaders out of Guy Carpenter and Gallagher

GC’s Steve Housse and AJG’s James Elliott have resigned to join the challenger reinsurance broker.

Adam McNestrie, 20 April 2023
‘Nothing one-off’ about Q1 Marsh McLennan growth: Doyle

The broker said US property cat reinsurance rates increased by 40% to 60% in April for clean renewals.

Samuel Casey, 20 April 2023
Interview: Aspen focused on sustained improvement rather than IPO – CEO Cloutier

Mark Cloutier set out Aspen’s plans for top-line 2023 growth in the range of 10%, and a continued strategy of pursuing rate rather than exposure growth in property cat.

Marcel Le Gouais, 20 April 2023
Marsh McLennan hails 2023 momentum as Q1 organic growth surges to 9%

The increased growth from Q4 halts a trend of gradual deceleration experienced through 2022.

Samuel Casey, 20 April 2023
Aviva commits to NZIA membership after exits destabilise alliance

Aviva has said it is committed to the Net-Zero Insurance Alliance, in the wake of withdrawals from the group by Zurich, Munich Re and Hannover Re.

Marcel Le Gouais, 20 April 2023
Gallagher launches in Japan with wholesale and fac offering

Takuya Aibe and Tetsuro Nakazawa have joined the broker from Marsh to lead the business, based in Tokyo.

Samuel Casey, 20 April 2023
BMS lures Ardonagh’s Leather as CFO of the UK and international

Leather, who is set to join in summer, will report to group finance officer Nick Moss.

Abbie Day, 20 April 2023
Helvetia to appoint NN Group’s Rupprecht as group CEO

Fabian Rupprecht will join Helvetia as chairman of executive management and group CEO on 1 October.

Ayesha Venkataraman, 20 April 2023
Aon takes Axa XL’s Grigg to lead US cyber reinsurance

The appointment comes after a slew of cyber reinsurance brokers left Aon to join Howden.

Samuel Casey, 20 April 2023

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