Articles

Insurance

Marsh boosts cyber ECHO to $125m, largest facility of its kind

The broker has added a new $25 million layer of capacity.   29 April 2024

Insurance

Upward pressure on liability rates rising to-date in 2024: Gallagher

Concerns over liability rate adequacy ‘seem to be louder today’ than just one month ago.   26 April 2024

Risk Management

Marsh launches new global alternative risk solutions practice

To be led by a seasoned professional with 30 years of experience in financial services.   26 April 2024

Insurance

California moves to bolster FAIR Plan as exposures rise 6% in Q1 alone

The state admits a ‘looming fear’ of assessments is driving out admitted carriers.   25 April 2024

Insurance

Chubb has Baltimore Bridge exposure, but 'nothing outsize,' CEO claims

The exposure fits the Chub large loss profile ‘within what we would contemplate.’   24 April 2024

News

Baltimore files suit on bridge collapse, cites outsize economic impact

Dali owner and operator showed ‘gross negligence and recklessness’ putting faulty ship to sea.   24 April 2024

Insurance

Marsh McLennan targets major P&C agency in $315.9m M&A deal

Marsh calls the asset a Top-5 bank-affiliated agency and top player in the US southeast.   24 April 2024

Insurance

Commercial rate growth slows again, now at 1% globally Q1: Marsh

P&C renewal rate growth slips, struggles to buoy declines in financial lines & cyber.   24 April 2024

Insurance

Insurers have paid ¥74.4bn to end-March on Noto earthquake

To-date payments puts the New Year’s event in 7th place on the Japanese earthquake ranking.   22 April 2024

Insurance

Marsh won't go wholesale despite E&S heat; likes holding clients close

Marsh puts E&S-style deals to admitted solutions if possible, to niche wholesalers if not.   19 April 2024

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