Company: Marsh Page 8 / 11
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- January 17 2025
Marsh Asia rejigs renewable energy team in Singapore
Martin Beck has been elevated to energy transition leader, with Robert Jones taking up the new role of renewable energy leader.
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- January 6 2025
Guy Carpenter’s global property cat ROL index down 6.6% in first fall since 2017
Asia Pacific experienced the steepest decline at the renewals, down 7.2%, while the US fell by 6.2% and Europe by 5.3%, the broker said.
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- January 3 2025
Exclusive: Tyson Vickery takes up role as global placement leader for Marsh Europe
Vickery, who was placement leader for Marsh Asia, officially started in the new role on January 1 and is relocating to Zurich, he confirms to IAN.
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- January 2 2025
Marsh Asia promotes Brent Clawson to global placement leader
Clawson joined Marsh in September 2023 having spent over eight years with Aon.
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- December 16 2024
New capital focusing on specialty rather than general reinsurance: Guy Carpenter’s Priebe
"There's an increased focus around creating and delivering specialised underwriting expertise with capital really dedicated to maximising those opportunities," says the chairman of the reinsurance broker.
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- December 9 2024
Exclusive: Marsh McLennan Hong Kong and Macau CEO Rohan Bhappu departs
Bhappu was given regional chief executive-level role last year as part of a group-wide senior management overhaul.
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- December 3 2024
Asia mining rates soften as companies seek local capacity: Marsh
Underwriters are concerned with the structural integrity of assets and the availability of spare parts inventory in the industry even as losses tracked higher than might have been expected over the past 12 months.
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- November 28 2024
White Oak accuses Marsh of ‘fraudulent misrepresentation’ in Greensill case: report
The US investment firm has escalated its claims against Marsh in London lawsuit based on emails and phone call records showing the broker's executives appear to have privately expressed alarm about growing issues with the authority of BCC.
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- November 7 2024
Asian cyber market needs local expertise: Guy Carpenter’s Cordonnier
While there is no question on the potential for cyber growth in the region, for take-up to increase the market needs to develop products that are relevant to local clients.
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- November 4 2024
‘Bright future’ for structured solutions in APAC as awareness grows: Guy Carpenter
Bridging the gap between risk appetites of cedents and reinsurers is a key theme for the market, says Guy Carpenter’s Hussain Ahmad.
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- November 1 2024
Evolving risks, regulations fuel demand for alternative capital solutions: Guy Carpenter
Insurers are exploring differentiated business models and creative reinsurance as they battle increased losses, higher retentions and operating model pressures.
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- October 28 2024
Marsh appoints Shahrezal Wan as placement manager
Singapore-based Wan was previously vice president, senior client underwriter with Swiss Re.
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- October 25 2024
Pacific rates drop 6% in Q3 driven by declines in finpro, cyber and property lines: Marsh
Finpro premiums was down 14%, while cyber cover saw a 11% disclose and property declined 6% as increased competition and capacity weighed on ratings.
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- October 24 2024
Asia insurance rates drop 4% in Q3 led by finpro and cyber lines: Marsh
Finpro lines have seen decreases up to 30% in some cases as continued lack of activity in the capital markets limited insurers' opportunities for new business, according to the latest Global Insurance Market Index by the broker.
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- October 10 2024
Marsh Pacific promotes Johannes-Daniel Veldsman as head of corporate and commercial
Veldsman takes over the role from Andrew Fluitsma. who is understood to have left the broker earlier this year.
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- September 27 2024
Parametrics can complement reinsurers’ capital protection platforms
Guy Carpenter’s Jeremy Waite discusses how index-based products can fill the protection gap left by indemnity insurance from deductibles, excluded perils, scarce capacity and contingent business interruption.
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- September 26 2024
Cat modellers need to balance consistency and adapting to climate change
Insurance companies must be prepared to embrace change and invest in building their own technical understanding to manage their portfolios effectively, says Guy Carpenter’s Mark Weatherhead.
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- September 25 2024
Rising cat losses in Greater China put risk exposures under the lens
(Re)insurers in the region are increasingly focusing on understanding and analysing risk exposures and are more willing to invest in data collection, says Guy Carpenter’s Kitty Bao.
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- September 11 2024
Marsh Asia appoints Ben Usmar as vice president for construction practice
Usmar joined from Sedgwick in Hong Kong where he was an executive loss adjuster for over five years.
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- August 29 2024
Australian carriers’ H1 2024 capacity ample except for PFAS, US exposures: Marsh
The first half of the year saw improvement in market competition and the return of insurer choice for buyers, which had not been generally seen since 2017.
