Marsh
Japan Earthquake: A seismic shift
The sheer size and scale of the Tohoku earthquake and tsunami has change the face of insurance in the region forever.
Marsh appoints new head of UK private client services
Marsh has promoted Richard Moxon from senior client manager to leader of its UK private client services division.
Market Moves: Ace, Bluefin, LV and Charles Taylor Insurance make new hires
It was honours even between the insurer and the broking sectors this week, with Ace once again leading the way for insurers with a couple of key hires.
Global insurance rates climbed in first quarter, according to Marsh
Global insurance rates climbed 0.3% in the first quarter of 2013 bolstered by the US market, continuing an 18 month trend, according to Marsh’s latest global insurance market quarterly briefing.
Cyber risk is a "top concern" in Asia, says Marsh
A Marsh survey of insurance buyers at the Advisen Cyber Liability Insights conference in Singapore held on 9 April showed data privacy and cyber risk are a growing concern for businesses across the continent.
Insurers refuse to back government plan to extend Statement of Principles
Insurers have declared they are unwilling to green-light a temporary extension to the Statement of Principles unless the government provides “a definite commitment” that a long-term flood risk solution is imminent, after Environment Secretary Owen…
Post Intelligence - company profile: Marsh
Produced by Post Intelligence in association with Brook Intelligence, this comprehensive company report highlights Marsh’s operations and performance in 2012.
Facebook backer provides Hyperion ‘vital stepping stone’ towards IPO
An initial public offering is firmly back on the agenda at Hyperion after it struck a deal that sees public company investment specialist General Atlantic take a 30% stake in the international intermediary.
Top 5 Asian news stories
The top five news stories from www.insuranceinsight.com over the past seven days.
Marsh launches charities' D&O cover for Singapore
Global broker Marsh is now providing a directors and officers' liability policy for charities including religious organisations.
Hostile ABI response to ‘inferior’ Flood Mu model sparks wider debate
The Association of British Insurers’ attempts to derail a proposal put forward by Marsh to secure a mutualised solution to flood risk have been criticised by politicians and industry insiders.
Marsh calls for review of claims handling ahead of Laspo
A review of claims handling procedures is needed as legislatory changes coming into force next week will change liability requirements.
Paterson refuses to 'rush through' flood risk solution, as SoP expiry looms
Environment secretary Owen Paterson has claimed there is “no point rushing through” a long-term flood risk solution, despite there being just three months until the Statement of Principles expires.
ABI brands Marsh's Flood Mu model 'completely unacceptable'
The Association of British Insurers has issued a damning response to Marsh’s proposal for a mutulised solution to flooding, describing the ‘Flood Mu’ model as “completely unacceptable to insurers”.
Marsh appoints Kanak as senior adviser in Asia
Marsh has appointed experienced Asian veteran Don Kanak as senior adviser to the CEO's Asia-Pacific office.
Marsh's new 'Flood Mu' model tipped as likely SoP replacement
A mutualised solution to flood risk has been tipped as the new favourite to replace the Statement of Principles this summer, however a free market could be introduced while legislation is drawn up ahead of the model’s launch.
Biba and Marsh to join the flood debate at Efra evidence session
The British Insurance Brokers’ Association and Marsh have been invited to give evidence at tomorrow’s Environment, Food and Rural Affairs Committee meeting on flood insurance provision, after a previous evidence session was adjourned.
50% growth in M&A transactional insurance in Asia, says Marsh
Global demand for transactional risk insurance grew by 41% last year as firms turned to insurance to protect large deals and cross-border acquisitions and sales, according to Marsh
Overseas buyers behind surge in transactional risk insurance
Demand for transactional risk insurance grew by 41% globally in 2012 as firms increasingly turned to the insurance market to protect large deals and cross-border acquisitions or sales.
Market Moves: Brokers bring in more new recruits with JLT, Marsh and Willis welcoming fresh faces
Brokers Marsh, Willis and JLT dominated the broking space this week with a raft of new appointments. Marsh created a new corporate division, JLT added three new staff to its financial institutions team and Willis recruited chief executives for its…
Cross-border acquisitions drive demand for transactional risk insurance
Global demand for transactional risk insurance grew by 41% last year as firms turned to insurance to protect large deals and cross-border acquisitions and sales, according to Marsh.
Miller’s Clarke retains role as Liiba chair
Miller chief executive Graham Clarke has been re-elected as chairman of the London & International Insurance Brokers’ Association.
FSCS: Off the hook
Changes to the Financial Services Compensation Scheme ahead of the introduction of twin peak regulation have angered brokers, but should insurers be held more accountable?
Marsh unveils UK and Ireland large corporate unit
Marsh has created a single division to serve mid-size and large corporates across the UK and Ireland, along with multinational clients in the region.