Marsh Optimistic About Continued Cyber Market Stabilization
In its latest update of the cyber market, broker Marsh said there are signs of improvement, with average rate increases continuing a trend of steady decline.
Marsh Clients Can Pay Fees With Carbon Credits
Marsh announced that U.S. clients now have the option to pay their service fees in voluntary carbon offset credits and renewable energy certificates (RECs). The move — believed to be a ...
Marsh Launches First Dedicated Insurance for Hydrogen Projects
Broker Marsh, a unit of Marsh & McLennan, said on Monday it was launching the world's first dedicated insurance for hydrogen energy projects, as the nascent industry looks to scale up quickly in ...
Global Commercial Insurance Rates Rise 9%, Continuing Moderating Trend: Marsh
Global commercial insurance prices increased 9 percent in the second quarter of 2022 (down from an 11 percent increase in Q1), continuing a trend of moderating rate increases that began in Q1 2021, ...
‘Cautious Optimism’ for Cyber Buyers as More Focus on Risk Controls: Marsh
While the market for cyber insurance is expected to remain challenging "for the foreseeable future," there is optimism for rate stabilization as organization focus on cyber hygiene, according to ...
Global Insurance Rates Continue to Moderate in Q1 – Except Cyber
Global commercial insurance prices rose 11% in the first quarter of 2022, marking the fifth consecutive reduction in rate increases since pricing peaked at 22% in the fourth quarter of 2020, ...
Marsh Launches Risk Rating Tool to Assess Companies’ ESG Performance
Insurance broker Marsh announced the launch of its Environmental, Social and Governance (ESG) Risk Rating, an assessment tool that can measure an organization's ESG performance, enabling it to ...
Global Commercial Insurance Rates Keep Moderating, With Exception of Cyber: Marsh
Global commercial insurance prices increased 13 percent in the fourth quarter of 2021, a decline from the 15 percent increases seen in both the second and third quarters, according to Marsh's latest ...
Sartain Named Head of Marsh Specialty for U.S. and Canada
Marsh named Michelle Sartain as head of Marsh Specialty for the U.S. and Canada. In this role, Sartain will oversee Marsh's aviation, construction, energy and power, credit specialties, financial and ...
Guy Carpenter and Marsh to Combine South Africa Facultative Reinsurance Businesses
Reinsurance broker Guy Carpenter and insurance broker Marsh, both businesses of Marsh McLennan, said they are combining their South Africa facultative reinsurance operations into a single business, ...