Business Insurance

Login  |  Register Subscribe



Marsh & McLennan Subscribe to RSS feed for 'Marsh & McLennan'

Marsh buys Aon's representative brokerage in Peru

By: Gavin Souter

Published May 23, 2013 - 10:23am CST

Marsh Inc. has agreed to buy Peruvian brokerage Rehder y Asociados Group, which currently has a representative brokerage relationship with Aon P.L.C.

Property insurance pricing stable after Superstorm Sandy: Marsh analysis

By: Bill Kenealy

Published May 20, 2013 - 1:05pm CST

Superstorm Sandy's effect on property insurance pricing was muted in the first quarter of 2013, but underwriters are scrutinizing storm and flood risks more closely, according to a study by Marsh Inc.

Marsh offers D&O coverage for international organizations

By: Anna Gaynor

Published May 20, 2013 - 11:41am CST

Marsh Inc. has launched a directors and officers liability insurance program for international organizations.

Q&A: Daniel S. Glaser, Marsh & McLennan Cos. Inc.

Published May 19, 2013 - 6:00am CST

Daniel S. Glaser has been president and CEO of Marsh & McLennan Cos. Inc. since January. Prior to his promotion he held several senior management positions at MMC and its brokerage unit. He recently spoke with Business Insurance Senior Editor Roberto Ceniceros about interest rates and potential business risks.

Asian insurers offering significant capacity for global property risks

By: Bill Kenealy

Published May 17, 2013 - 3:46pm CST

Asian insurers, including several based in China, are offering significant capacity for international property risks, according to brokerage executives at Marsh Inc.

Marsh & McLennan posts 2.5% revenue, 19% net income gains

By: Mark A. Hofmann

Published May 02, 2013 - 10:40am CST

Marsh & McLennan Cos. Inc.’s revenue for the first quarter of 2013 grew 2.5% over the same period a year earlier, rising to $3.13 billion, the company reported Thursday.

Coordinated approach essential as energy risks rise: Analysis

By: Sarah Veysey

Published April 24, 2013 - 9:33am CST

Energy companies need to adopt sophisticated enterprise risk management strategies to counter low-frequency but high-severity disasters associated with Arctic exploration, ultra-deepwater drilling, shale gas extraction and other risks, according to a Marsh Inc. analysis.

U.S. insurance rates continue to rise: Marsh study

By: Mark A. Hofmann

Published April 17, 2013 - 10:57am CST

Rates for most major U.S. commercial insurance lines rose 2% to 4% in the first quarter of 2013 compared with a year earlier, according to Marsh Inc.'s Global Market Quarterly briefing released Wednesday.

Broker, insurer employee safety paramount after Boston explosions

By: Mark A. Hofmann and Roberto Ceniceros

Published April 16, 2013 - 2:46pm CST

For brokers and insurers with operations in Boston, guaranteeing employee safety became paramount after bombings during the final stages of the Boston Marathon caused mayhem in the city.

London, Hamburg marathons to proceed after security reviews

By: Sarah Veysey

Published April 16, 2013 - 1:41pm CST

The London and Hamburg, Germany, marathons will take place this weekend after additional security reviews, despite the bombings at the Boston Marathon on Monday, organizers of the events said.

Marsh forms alliance to offer corporate governance advice

By: Anna Gaynor

Published March 20, 2013 - 2:30pm CST

Marsh Inc. has partnered with two companies to offer governance, risk and compliance resources to directors and officers.

Business Insurance 2013 Innovation Award Winner Videos

Published March 14, 2013 - 3:02pm CST

See video footage of each Business Insurance 2013 Innovation Award winner at the luncheon held in their honor on March 5 in New York.

Cyber insurance demand saw growth in 2012: Marsh

By: Judy Greenwald

Published March 14, 2013 - 2:40pm CST

Demand for cyber liability insurance increased last year as more companies bought the coverage and average policy limits increased, said Marsh Inc. in a report issued Thursday.

Business Insurance 2013 Innovation Awards VIDEO: Marsh Inc.

Published March 13, 2013 - 6:00am CST

Maureen Gorman, New York-based senior vice president in Marsh Inc.'s FINPRO unit, discusses Marsh's RCO Corporate Response policy, which provides coverage for defense costs as part of a Responsible Corporate Officers doctrine investigaton, and is intended for companies involved in the health care and life sciences sectors.

Transactional risk insurance demand up 41% in 2012: Marsh

By: Sarah Veysey

Published March 13, 2013 - 9:45am CST

Demand for transactional risk insurance increased by 41% last year, according to a report by Marsh Inc.

Marsh & McLennan Agency names Anthony Gruppo Southwest regional CEO

By: Anna Gaynor

Published March 12, 2013 - 11:42am CST

Marsh & McLennan Agency L.L.C. has named Anthony Gruppo as regional CEO for its Southwest hub effective March 18.

AIG, Marsh formalize seven-day pledge to pay big property claims

By: Mike Tsikoudakis And Sarah Veysey

Published March 10, 2013 - 6:00am CST

An agreement between Marsh Inc. and American International Group Inc. to quickly pay multimillion dollar commercial property damage claims has been welcomed by some buyers, though several observers say it simply codifies existing best practices.

2013 Innovation Awards: RCO Corporate Response

By: Judy Greenwald

Published March 10, 2013 - 6:00am CST

MARSH INC.

Marsh launches insurance effectiveness evaluation model

By: Sarah Veysey

Published March 05, 2013 - 9:11am CST

Marsh Inc. has launched a model to help U.K. companies measure the operational returns they derive from insurance and improve their management of their coverage.

Marsh names market research leader for work comp Center of Excellence

By: Sheena Harrison

Published March 04, 2013 - 1:18pm CST

Mark Walls has been named workers compensation market research leader of Marsh Inc.'s Workers' Compensation Center of Excellence, the brokerage announced Monday.

Marsh creates combined U.K., Ireland corporate division

By: Sarah Veysey

Published March 04, 2013 - 9:34am CST

Marsh Inc. has created a corporate division within its U.K. and Ireland business.

'Fundamental rethink' of catastrophe models needed: Marsh energy report

By: Judy Greenwald

Published February 28, 2013 - 2:46pm CST

A “fundamental rethink” of catastrophe models and a review of supply chain risks — leading to greater scrutiny from the insurance markets of natural catastrophe limits and contingent business interruption limits — is needed, says Marsh Inc. in a report on the energy industry Thursday.

Primary directors, officers rates up 4.1% in fourth quarter: Marsh

By: Mike Tsikoudakis

Published February 22, 2013 - 12:53pm CST

Primary directors and officers insurance rates increased 4.1% in the fourth quarter of 2012 and buyers should prepare for more price firming this year, Marsh Inc. said Friday in an analysis.

Marsh creates single risk management practice group

Published February 19, 2013 - 8:18am CST

Marsh Inc. has brought its largest account platform, known as G5, and its multinational practice, into a single risk management practice group.

Middle East unrest puts political risk insurance in spotlight: Marsh

By: Sarah Veysey

Published February 13, 2013 - 9:31am CST

Recent unrest in areas of the Middle East has brought into focus the need for political risk coverages for large infrastructure projects, according to a paper by Marsh Inc.

More »