According to a new Marsh Specialty report, organizations around the world turned to transactional risk insurance in 2021 amid a record-breaking mergers and acquisitions (M&A) environment. Last year, the insurance broker and risk advisor placed a global transactional risk insurance limit of $81.1 billion. According to the report Transactional risk insurance 2021: Year in review,… Continue reading Transactional Insurance Demand Spikes Due to Robust M&A Activity
Tag: Marsh
Marsh and Citi Develop Innovative Risk Structure to Help Gavi Speed Delivery of COVAX Vaccines to the World
Marsh, the world’s leading insurance broker and risk advisor, together with leading global bank, Citi, today announced the placement of an innovative risk mitigation structure on behalf of Gavi, the Vaccine Alliance (Gavi), to cover the risk associated with a number of governments that are self-funding their coronavirus vaccine procurement through the COVAX Facility. The… Continue reading Marsh and Citi Develop Innovative Risk Structure to Help Gavi Speed Delivery of COVAX Vaccines to the World
Marsh Collaborates with Amazon to Support New Online Insurance Network for Sellers
Marsh, the world’s leading insurance broker and risk advisor, today announced it has collaborated with Amazon to support its new digital insurance network, Amazon Insurance Accelerator, where small businesses selling on Amazon can easily purchase affordable product liability coverage. Amazon now requires third-party sellers to obtain product liability coverage after reaching $10,000 in sales in… Continue reading Marsh Collaborates with Amazon to Support New Online Insurance Network for Sellers
Global Insurance Pricing Up 15% in Q2 2021 as Rate Increases Continue to Moderate; Cyber Rates Rise on Increased Losses
Global commercial insurance prices increased 15% in the second quarter of 2021, according to the Global Insurance Market Index released today by Marsh, the world’s leading insurance broker and risk advisor. It’s the 15th consecutive quarter of rate increases in the global commercial insurance market. It also marks the third consecutive quarter to show a… Continue reading Global Insurance Pricing Up 15% in Q2 2021 as Rate Increases Continue to Moderate; Cyber Rates Rise on Increased Losses
Global Commercial Insurance Pricing Increased 19% in Second Quarter
Global commercial insurance pricing increased for the eleventh consecutive quarter in the second quarter of 2020, according to Marsh’s quarterly Global Insurance Market Index, a proprietary measure of global commercial insurance premium pricing change at renewal, representing the world’s major insurance markets and comprising nearly 90% of Marsh’s premium. The increase, the largest since the… Continue reading Global Commercial Insurance Pricing Increased 19% in Second Quarter
COVID-19 Pandemic Fueling Social Inequality and Political Unrest
According to a new report by Marsh, the world’s leading insurance broker and risk advisor, pandemic-induced economic stress will continue to exacerbate global political risk throughout 2021 and amplify the threats facing already-fragile economies. The Political Risk Map 2021, which is published by Marsh Specialty, shows larger increases than ever before in country economic risk… Continue reading COVID-19 Pandemic Fueling Social Inequality and Political Unrest
Global Commercial Insurance Pricing Increased 14% in Q1: Marsh
Global average commercial insurance prices increased 14% in the first quarter of 2020, according to the Global Insurance Market Index released today by Marsh, the world’s leading insurance broker and risk adviser. The increase, the largest since the index was launched in 2012, comes despite the minimal impact of the COVID-19 global pandemic on pricing… Continue reading Global Commercial Insurance Pricing Increased 14% in Q1: Marsh
Marsh Appoints Brian Hanuschak CEO of Victor Insurance
Marsh, the world’s leading insurance broker and risk advisor, today announced that Brian Hanuschak has been appointed CEO of Victor Insurance Holdings, the world’s largest managing general underwriter (MGU), effective immediately. Based in Chevy Chase, Maryland, Mr. Hanuschak reports to John Doyle, President and CEO, Marsh. Mr. Hanuschak most recently served as President of Victor… Continue reading Marsh Appoints Brian Hanuschak CEO of Victor Insurance
Marsh Opens 2020 Cyber Catalyst Program with Leading Cyber Insurers
Marsh, the world’s leading insurance broker and risk adviser, today announced the 2020 opening of its Cyber Catalyst program designed to help organizations reduce cyber risk by making more informed cybersecurity decisions. The first-of-its-kind program awards Cyber Catalyst designations to products and services that leading cyber insurers believe can be effective against major cyber threats.… Continue reading Marsh Opens 2020 Cyber Catalyst Program with Leading Cyber Insurers
Commercial Property Insurance Rates Accelerate Globally
The impacts of catastrophe losses around the globe continue to be felt in the commercial property insurance market, as rate rises continued to accelerate in the fourth-quarter of 2019 with U.S. property one of the fastest moving segments. Across the globe, on average, pricing for property insurance risks increased by 13% in the fourth-quarter of… Continue reading Commercial Property Insurance Rates Accelerate Globally