Current Issue

Subscriber only, premium content. Thursday, June 30

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

Terrorism insurance takeup rates going up again

By: Mark A. Hofmann

Published June 29, 2016 - 1:47pm CST

The takeup rate for terrorism coverage in property insurance policies increased to 61% in 2015, according to a report released Wednesday by Marsh L.L.C.

Marsh & McLennan unit opens new actuarial office

By: Joyce Famakinwa

Published June 28, 2016 - 1:39pm CST

The actuarial practice of Oliver Wyman Group said Tuesday that it has opened a Dallas-based office, its second in Texas.

British vote to leave E.U. creates confusion for insurers

By: Mark A. Hofmann

Published June 24, 2016 - 9:23am CST

Some are concerned that Britain's exit vote could make it difficult for U.K. insurers to write business throughout the European Union.

Marsh introduces excess capacity facility

By: Sarah Veysey

Published June 22, 2016 - 11:30am CST

Marsh L.L.C. has launched an excess facility for all classes of management liability insurance.

Florida nightclub shooting

Published June 17, 2016 - 12:01am CST

The mass shooting in Orlando, Florida, and the security issues arising from it are among the Business Insurance week in pictures.

The BI Top 10

Published June 17, 2016 - 12:01am CST

Marsh severance benefits dispute and health savings account business exits are among Business Insurance's top 10 most read features.

Appeals court denies former Marsh execs severance benefits

By: Judy Greenwald

Published June 16, 2016 - 1:54pm CST

Marsh & McLennan denied severance pay for two former executives who refused to cooperate in a 2004 bid-rigging investigation.

Captive insurers' data, greater control help rein in benefits costs

By: Donna Mahoney

Published June 15, 2016 - 2:44pm CST

Multinational employee benefits were the fastest growing risk placed in captive insurers last year, according to a Marsh report.

Allied World taps ex-Marsh exec to lead North American health care

By: Shelby Livingston

Published June 06, 2016 - 4:52pm CST

Holly Meidl will succeed Susan Chmieleski, president of Allied World North American health care, who will retire June 30

Cyber insurance rates moderate

By: Judy Greenwald

Published May 29, 2016 - 12:01am CST

The cyber insurance market is generally buyer-friendly with competitive rates and plentiful capacity as new insurers enter the market.

Capital pours in as insurers eye potential for growth

By: Judy Greenwald

Published May 29, 2016 - 12:01am CST

More capital is coming into the cyber insurance market, experts say.

Pervasive nature of cyber risk worries insurers

By: Judy Greenwald

Published May 29, 2016 - 12:01am CST

Insurers are keeping an eye on their risk aggregations when it comes to cyber coverage. Experts say underwriters are concerned about cyber risks that are embedded in lines aside from stand-alone cyber coverage, such as property, as well as the risk of a service provider breach that could affect numerous policyholders.

XL Catlin leads insurance coverage for downed EgyptAir flight

By: Rob Lenihan

Published May 19, 2016 - 1:38pm CST

Marsh is the broker for the airliner carrying 66 passengers that crashed in the Mediterranean Sea.

Top 5: A look into highest paid insurance brokerage executives

Published May 18, 2016 - 10:55am CST

Do the names J. Powell Brown, J. Patrick Gallagher and Dominic Casserley ring a bell?

'Clear and present danger' of cyber crime requires cooperative response

By: Sarah Veysey

Published May 17, 2016 - 9:29am CST

Organizations in the financial and professional services sectors must collaborate to help fight cyber risks, experts say.

Marsh names captive management chief

By: Joyce Famakinwa

Published May 16, 2016 - 11:32am CST

Marsh L.L.C. named New York-based Nick Durant global captive solutions practice leader on Monday.

April's Japan earthquake insured damage could top $1 billion

By: Mark A. Hofmann

Published May 12, 2016 - 10:24am CST

The April earthquake that struck Japan's Kumamoto Prefecture caused an estimated $800 million to $1.2 billion in insured damage.

Marsh claims platform integrates disability guidelines for workers comp

By: Joyce Famakinwa

Published May 10, 2016 - 2:09pm CST

Marsh ClearSight said the update can identify potential high-severity claims through predictive analytics.

Marsh Canada makes top executive moves

By: Mark A. Hofmann

Published May 10, 2016 - 11:28am CST

Chris Lay has been appointed president and CEO, succeeding Alan Garner, who was named chairman.

Marsh & McLennan Agency adds wellness tools to benefits platform

By: Joyce Famakinwa

Published May 05, 2016 - 3:06pm CST

The company has added wellness promotion and engagement tools to its MarketLink Benefits Administration & Private Exchange.

Bermuda Insurance Institute to give Stephen Catlin lifetime achievement award

By: Joyce Famakinwa

Published May 04, 2016 - 1:46pm CST

Stephen Catlin is on tap to receive the Bermuda Insurance Institute's lifetime achievement award at an awards ceremony Thursday.

Marsh snags duo of experienced brothers from Willis Towers Watson

By: Rob Lenihan

Published May 03, 2016 - 2:26pm CST

Marsh L.L.C. said Tuesday that brothers David and John Fuhrman are joining the firm effective immediately.

Marsh & McLennan boosts first-quarter revenue, but net income flat

By: Mark A. Hofmann

Published April 28, 2016 - 11:31am CST

Marsh & McLennan's revenue for the first quarter of 2016 rose 3.8% year over year to $3.34 billion.

Cyber exposures top list of emerging risks

By: Rob Lenihan

Published April 24, 2016 - 12:01am CST

A former Nuclear Regulatory Commission scientist was sentenced earlier this month to 18 months in prison for trying to plant a virus in a U.S. Energy Department computer network.

Marsh appoints Bermuda leaders as Ezekiel retires

By: Joyce Famakinwa

Published April 19, 2016 - 4:22pm CST

Marsh IAS Management Services (Bermuda) Ltd. said on Tuesday that it has named Jill Husbands chairman of Marsh IAS Bermuda and Lawrence Bird head of office for Marsh IAS in Bermuda.

More »