Marsh
Marsh restructures global management
Broking giant Marsh has unveiled a new global management structure, including new appointments to its executive management team as part of a global management shake-up, effective immediately.
Marsh appoints David Nayler as leader of UK Financial Institutions Industry Practice
Marsh has appointed David Nayler as leader of its UK Financial Institutions Industry Practice.
Analysis: Aviation insurers prove adaptable
Insurers are adapting to aviation's latest trends, despite low premiums.
Interview: Grenfell Tower insurer reveals UK expansion plans
It is estimated that the Grenfell Tower fire could result in claims of up to £50m. However, the carrier responsible for insuring the building said that its expansion plans for the UK remain undimmed.
This Month: Prizes, picnics and personalities
Taxis working the Royal Albert Hall patch this week had their hands and seats full, chauffeuring well-dressed ladies and gentlemen to the prestigious British Insurance Awards
Marsh and Aon offices visited in connection to Irish motor competition investigation
Marsh and Aon are among the brokers visited by the European Commission as part of its motor investigation in Ireland.
When cyber gets physical
Recent events such as the Wanna Cry ransomware attack and British Airways’ computer outage have helped to drive sales of cyber insurance, but there are concerns that a significant part of the risk is being overlooked
Latitude Brokers opens Korea office
Latitude Brokers has opened an office in Korea, the third for the marine insurance specialist in Asia.
Dive In to delve into the 'Diversity Dividend'
The 'Diversity Dividend' is the theme of the third edition of the Dive In festival taking place in September.
This Week in Post: The Queen's Speech, whiplash and a year on from Brexit
As Her Majesty the Queen delivered her all-important speech to open parliament, insurers had a lot to think about.
Marsh Networks’ David Hopwood on the seven issues a reduced discount rate creates for SME brokers
The Ministry of Justice’s decision to set a new discount rate for personal injury compensation awards at minus 0.75% seems likely to create turbulence in the market. Following widespread criticism, the government is currently reviewing feedback from its…
Japan's earthquake gap
Despite being in a major earthquake zone the take up of insurance in Japan is relatively low. David Worsfold examines why.
AIG’s credit rating affirmed by AM Best as Duperreault gets nod of approval
AIG’s credit rating has been affirmed by AM Best, putting an end to the firm's credit review and removing a potential roadblock to the firm’s profitability.
Political risks: Halting new threats
Businesses with domestic and international footprints are increasingly demanding protection from political risks. But, as the threats have changed in recent years, so has the cover that serves to protect against them
More scrutiny on Luxembourg captives ahead
With increasing regulatory scrutiny, managing a captive can become challenging. Protected cell companies offer a practical alternative.
AIG appoints Duperreault as CEO
AIG has appointed Brian Duperreault as president and CEO, replacing Peter Hancock.
LMA calls for discount rate change
The Lloyd’s Market Association has called for major changes to the way the personal injury discount rate is set.
Marsh and Nephila bring alternative capital property offering to market
Marsh and The Schinnerer Group have launched the first alternative capital-backed retail property-insurance vehicle for companies in the United States.
FCA aviation probe to centre on sharing of sensitive data
A misconduct probe into the aviation broking sector will centre on whether firms have been sharing competitively sensitive information.
Obituary: Neil Mills, ‘the Pope’ of Lloyd’s
Neil Mills, a well known insurance broker known as the “the Pope” at Lloyd’s of London, passed away on 3 March aged 93.
Climate change: insurers feeling the heat
The global risk landscape is currently dominated by environmental upheavals caused by climate change. The resulting catastrophes are of concern to people in general and insurers, in particular, tasked as they are with underwriting and managing ever…
Discount rate cut could triple PI claims costs: Marsh
Changes to the personal injury discount rate could increase the cost of personal injury claims by as much as three times, according to Marsh.
Julie Page replaces Tunnicliffe as CEO of Aon's broking arm
Julie Page has been appointed CEO of Aon Risk Solutions in the UK, replacing Andrew Tunnicliffe.
Interview: Sian Fisher, Chartered Insurance Institute
A year into her role as CII CEO, Sian Fisher speaks to Martin Croucher about tackling discrimination and her plans for the body