Marsh
Torus enters UK financial lines with new underwriting agency
Torus UK has entered into the financial lines marketplace in London through a newly formed underwriting agency Torus Executive Risks.
HSBC deal is completed
Marsh completed its previously agreed acquisition of HSBC Insurance Brokers, a wholly owned subsidiary of HSBC Bank, in the UK and other key markets in Asia and the Middle East on 1 April.
Marsh's new online tool
Marsh has launched a new web-based service that gives global clients hands-on tools to monitor and analyse the financial health of the insurance companies on their insurance programmes as well as those under consideration.
Marsh wins Commonwealth double
Marsh has added to its portfolio of international sporting events after being appointed insurance broker and risk adviser for the 20th Commonwealth Games, to be held in Glasgow in 2014.
HSBC to be operate as MBL as Marsh completes broker deal
Marsh today completed its previously agreed acquisition of HSBC Insurance Brokers, a wholly owned subsidiary of HSBC Bank, in the UK and other key markets in Asia and the Middle East.
New regulations challenge UAE firms to improve risk management
Firms in the United Arab Emirates could fall foul of new corporate governance rules and corporate discipline regulations unless they adopt a more systemic approach to managing risk, according to Marsh.
Marsh promotes Ricardo Brockmann to CEO of Latin America and Caribbean
The current CEO of Marsh Mexico is to replace Thomaz Menezes who has decided to leave the company to pursue other opportunities.
Market awaits Quinn fallout
Brokers, trade bodies and insureds in the UK and Ireland were seeking further clarification as to the true financial situation at Quinn's insurance businesses as Post went to press, amid mounting speculation that intermediaries are already seeking to…
OFT gives clearance to Marsh HSBC merger
The Office of Fair Trading has decided not to refer the merger of Marsh and HSBC Insurance Brokers to the Competition Commission.
Marsh will not accept contingent commissions in US
Marsh & McLennan’s US and Canada unit will not collect controversial contingent commissions in its core broking operations.
Professional Indemnity - Surveyros: Reduce exposure
With claims against surveyors showing no signs of abating, Ana Paula Nacif examines the move by professional indemnity insurers to tighten their underwriting criteria.
LSE rule change set to boost flotations
Following a prolonged period of inactivity for initial public offerings as a result of the global recession, Marsh has predicted that early signs of economic recovery and new rules for UK firms listing on the London Stock Exchange will lead to an…
Marsh: concerns persist over environmental liabilities
The heightened environmental liabilities created by recent European Union and UK environmental legislation were among the top risk management concerns raised by delegates at this week's Base conference in London, according to Marsh.
Biba 2010: Aggrogators, ale and Willis and Marsh
Post has unearthed the centuries old diary of Daul Ponaldson, Sun Insurance employee, revealing details of his first Great British Insurance Brokers' Association conference.
Bermuda: M&A warning
Reinsurers and insurers must be careful when choosing partners for mergers and acquisitions a panel of executives at the World Insurance Forum in Bermuda have warned..
Marsh looks to Scottish law firm for real estate head
Candice Sammeroff who has 10 years' experience in the legal sector, joins Marsh from MacRoberts Solicitors in Glasgow.
Roundtable: Mobile Technology - Applying a mobile strategy
Ever since the launch of Apple's Iphone, the march of mobile technology, smart phones and applications has been relentless. So what opportunities and challenges do these developments present for the general insurance industry? Ant Gould reports.
View from the top: The tipping point
In his best-selling book The Tipping Point, Malcolm Gladwell says that ideas and behaviours spread like viruses, and that intervention (or a nudge) at just the right point — the tipping point — results in a cascade of change.
Liberty raids Marsh for Hogg to lead strategic assets arm
The arm aims to develop and underwrite a range of specialist risks including intellectual property, reputational risks, cyber insurances and non-material damage business interruption.
Marsh to take $600m hit on Kroll disposal
The Financial Times reports The Carlyle Group, Apax Partners and General Atlantic have all entered bids by the deadline for first expressions of interest in late February.
Phil Angus to lead Marsh’s Northern financial and professional business
Marsh has appointed Phil Angus to the newly created role of leader of its financial and professional national business for the Northern region.
Ex-Willis Network broker joins Marsh alternative
A founding member of the Willis Commercial Network has become one of the first brokers to sign up to Marsh's commercial network.
Biba welcomes NY broker commission stance
The British Insurance Brokers' Association has welcomed the decision by US insurance officials to allow three major brokers to resume accepting contingent commission, bringing legislation more in line with the UK.
Guy Carpenter COO to leave company- sources
Another senior member of Guy Carpenter's executive committee has resigned from the broker, Reinsurance has learned.