Marsh
Marsh records 5% Q1 revenue increase
Broker Marsh has reported a 5% increase in revenue for Q1 2014 up to $1.45bn (£854m) from $1.38bn in 2013.
Willis appoints Everling as Netherlands boss
Willis has appointed Jeroen Everling as chief executive of Willis Netherlands effective from 1 June.
Marsh boss Julie Page to chair Biba international and wholesale advisory board
The British Insurance Brokers’ Association has named Marsh Limited chief executive for the UK’s consumer and commercial practice Julie Page as chair of its new international and wholesale brokers’ advisory board.
Europe: Ghost vessels
With the Russian cruise vessel M/V Orlova adrift in the Atlantic, the insurance implications of 'ghost vessels' are front of mind
Rajan joins Miller from Marsh in marine role
Govinda Rajan has joined Miller's Singapore office in a South-East Asia marine hull business production role.
Marsh opens apprenticeship programme
Marsh has unveiled a new UK apprentice programme, offering 10 apprenticeships across the firm's offices in Birmingham, Glasgow, Manchester, Norwich and Reading.
Broker networks: better together?
With major firms such as Aviva among those to sever their network ties, how can broker networks remain attractive to potential members?
Marsh France COO Cipiere to lead RSA's French business
RSA has appointed Marsh France chief operating officer Corinne Cipiere as its new managing director in France.
Market Moves - 3 April 2014
A round up of who has moved where in the market this week.
Marsh's networks division handling over £225m GWP
Marsh’s UK network’s division saw over 25% growth year on year in 2012 and 2013 and is now handling over £225m gross written premium, delegates at the broker’s networks conference heard today.
Marsh appoints Zhao as China chairman
Marsh has appointed Madam Zhao Shuxian as chairman of Marsh China. Starting this week, Zhao will be based in Beijing.
Political risk cover becoming difficult in Ukraine and Russia, says Marsh
Insurers are pulling out of the political risk market in Russia and the Ukraine according to political risk experts at Marsh with existing policyholders facing increases on renewals.
Henry heads Marsh's Scottish business following Central takeover
takes helm of Marsh in Scotland following Central takeover
Expertise in Action: Employers’ Liability: Taking the hit
The Mesothelioma Act means the employers’ liability market will suffer another hit as it seeks to absorb the costs of funding the compensation scheme.
Many unresolved claims from 2011 Christchurch earthquake, says Marsh
Marsh reveals ongoing delays from the February 2011 earthquake that struck 6km South-east of Christchurch, New Zealand, which caused severe damage in the central business district and claimed 185 lives.
Marsh reports 2013 profits up £91m
Broking giant Marsh has seen profits climb through 2014 to $1.45bn (£881m) for its insurance and reinsurance operations.
Soft market in Asia to hit record, says Marsh
Commercial insurance rates in Asia are expected to reach historic lows this year, according to Marsh's 2014 Asia Insurance Market Report.
Marsh report highlights falling UK insurance rates last quarter
Insurance rates in the UK mirrored those of Continental Europe and Asia-Pacific in falling in the fourth quarter of last year, according to Marsh’s latest global insurance market quarterly briefing.
XL launches operational risks team
XL Group has established an operational risks team to provide operational risk cover to financial institutions clients.
Marsh boss raises doubts over customer benefit of quota share deals
Marsh UK and Ireland chief executive Mark Weil has admitted that doubts remain over the customer benefits of quota share deals, such as the arrangement made last year between Aon and Berkshire Hathaway.
Oval staff informed of Gallagher talks ahead of March deal
Oval staff have been informed about the broker being in exclusive acquisition talks with Arthur J Gallagher, a source close to Oval has said.
Howden recruits trio to pilot aviation division
Hyperion-owned insurance broker Howden has recruited two from Gallagher and a further specialist from Marsh to bolster its aviation unit.
Doug Smith appointed to corporate consultancy role
Former Willis and Marsh boss Doug Smith has joined Insight Insurance Consultancy’s corporate insurance consultancy business.
Central deal was two years in the making, claims Marsh boss
Marsh’s first ever managing director for Scotland is targeting regional dominance after revealing an array of interested parties were turned down ahead of the deal that saw his former Central Insurance Services business acquired by Marsh.