Markets/Coverages: Marsh Expands Cyber Facility ECHO, Offering Up to $125M of Excess Insurance Capacity April 29, 2024 Marsh, the insurance brokerage business of Marsh McLennan, announced an additional $25 million layer of capacity to its existing $100...
Global Insurance Prices Continue Moderating as Rates Decline in Most Regions: Marsh April 24, 2024 Global commercial insurance rates increased by 1% on average in the first quarter of 2024, compared with a 2% increase...
Markets/Coverages: Marsh Launches Global Facility Providing Cover up to $825M for Digital Asset Custodians March 26, 2024 Marsh, the insurance broker, risk adviser and a unit of Marsh McLennan, announced the launch of an insurance facility for...
Markets/Coverages: Marsh Creates Cyber Group Captive for Clients Seeking More Stability in Insurance Programs March 25, 2024 Marsh, the insurance broker, risk adviser and a unit of Marsh McLennan, announced the creation of Edgware Re Ltd., a...
Marsh: Transactional Risk Insurance ‘Remained Resilient’ in 2023 March 20, 2024 Despite a drop in the total number of global mergers and acquisitions, demand for transactional risk insurance “remained resilient” in...
Marsh Specialty: 2024 Elections to Direct Global Course for Next Decade-Plus March 14, 2024 More than 60 elections will be held worldwide in 2024, and the outcomes will likely affect international relationships, drive policy...
People Moves: Ardonagh’s Price Forbes Taps Horler From Lockton as Deputy CEO; Marsh Names Fort From McGill and Partners as Int’l Cyber Product Leader February 27, 2024 This edition of International People Moves details appointments at the brokers Price Forbes and Marsh. A summary of these new...
Markets/Coverages: Marsh’s D&O Facility Provides Up to $75M of Capacity February 14, 2024 Insurance broker Marsh announced that its D&O Echo facility is now offering clients with enhanced directors and officers insurance protection,...
US, UK Ship Investors Hit by Soaring Red Sea Insurance: Sources February 8, 2024 By Jonathan Saul and Carolyn Cohn War underwriters have raised the premiums they charge to US, British and Israeli firms by as high as 50% for...
Reinsurers’ Casualty Appetites Varied, but Capacity Was ‘Ample’ During 1/1 Renewals January 19, 2024 By L.S. Howard Reinsurers had varied appetites for casualty reinsurance during the January 2024 renewals; while capacity was sufficient, they still maintained underwriting...