Evan Freely has been insuring global risks for years — through the 2008 market meltdown, the 2002 crisis in Argentina, and the 1993 downturn in Venezuela. Yet turmoil now seems to be coming at a more rapid pace than he’s …
European companies are unprepared to cope with the reality of today’s cyber risks, according to a new report from Marsh & McLennan Cos. (MMC) and cyber security company, FireEye. However, companies will be forced into action as a result of …
Elderly healthcare in the Asia Pacific region will cost more than US$20 trillion between 2015 and 2030, according to a report published by Marsh & McLennan Cos. The report titled “Advancing into the Golden Years – Cost of Healthcare for …
Marsh & McLennan Cos. and the Singapore Economic Development Board (EDB) announced the launch of the Asia Pacific Risk Center (APRC) in Singapore, which aims to analyze key risks facing industries and governments in Asia, ultimately helping the region’s decision …
Marsh announced that it has appointed Martin South as president, U.S. and Canada division, effective Sept. 1, 2016. South will report to John Doyle, president of Marsh, and will be based in Marsh’s New York office. He will oversee Marsh’s …
QBE Insurance Group announced this week that it will be reviewing its UK-based operations in light of last week’s vote in the UK to leave the European Union. “The referendum outcome may require a revised approach in relation to approximately …
A group of re/insurance and global broking CEOs are assisting the work of the Insurance Development Forum (IDF), which was launched last month to help build resilience to climate risk and natural disasters, while bridging the insurance protection gap for …
Willis Group Holdings Plc, the insurance broker that’s planning a merger with consulting firm Towers Watson & Co., will join the Standard & Poor’s 500 Index and replace Fossil Group Inc. Willis climbed 4.8 percent to $49.30 at 9:45 a.m., …
Institutional Shareholder Services’ recommendation that Towers Watson & Co. investors vote against the proposed merger with Willis Group Holdings Plc is legitimizing short-term shareholder activism, ValueAct Capital Management said. The report encourages “bumpitrage,” which is where shareholder activists purchase the …
Global insurance broker Marsh has appointed Courtney Leimkuhler to the role of chief financial officer, effective March 1, 2015.
