January’s Property Cat Renewals See Biggest Price Hikes in Turkey, Italy and US January 4, 2024 By L.S. Howard While the reinsurance market indeed stabilized during the January 2024 reinsurance renewals (from the chaotic January renewals of last year),...
Rising War Risks Prompt Insurers to Reassess Property Cover in Geopolitical Hot Spots December 7, 2023 By Carolyn Cohn and Noor Zainab Hussain Insurers grappling with the rising risk of physical attacks on businesses due to war or civil disorder are reconsidering the...
Grain Ship, Damaged off Coast of Ukraine, Likely Hit Sea Mine: Sources November 20, 2023 A merchant ship transporting grains was lightly damaged off the coast of Ukraine and was likely to have been hit...
People Moves: Marsh Names Kowell Marine, Cargo and Logistics Practice Leader, US and Canada; WTW Appoints Messinger Lead of FI&PS November 13, 2023 Marsh, a business of Marsh McLennan, headquartered in New York, N.Y., named Janice Kowell marine, cargo and logistics practice leader,...
Insurers Review Middle East Events Policies After War Leads to Cancellations November 8, 2023 By Carolyn Cohn and Noor Zainab Hussain Some insurers are excluding Israel, Lebanon and other Middle Eastern countries from their event cancellation policies after the Israel-Hamas war...
People Moves: Marsh Promotes Donnelly to Global Head of Placement; Markel Names AIG’s Conyard as Digital & Portfolio Exec in Distribution Team November 6, 2023 This edition of International People Moves details appointments at Marsh and Markel. A summary of these new hires follows here....
Global Insurance Prices Continue to Stabilize in Q3 as US Cyber Premiums Drop: Marsh November 1, 2023 Global commercial insurance prices increased 3% in the third quarter of 2023, the same as the prior quarter, according to...
People Moves: Marsh Names Thurston CEO, UK Risk Mgmt; Lockton Hires Parle, Patrick and McKay in London; MS Amlin Promotes Cleary to Head of Crisis Mgmt October 24, 2023 This edition of International People Moves details appointments at Marsh, Lockton and MS Amlin. A summary of these new hires...
Aviation War Insurers Cancel Cover for Airlines Domiciled in Israel, Lebanon: Sources October 19, 2023 By Carolyn Cohn, Noor Zainab Hussain and Steven Scheer Aviation war insurers have given notice to cancel cover for some airlines domiciled in Israel and Lebanon because of the...
People Moves: Marsh Promotes Pellegrini to US, Canada Specialty Lead; CRC Group Announces Executive Leadership Appointments October 6, 2023 Pellegrini Appointed Marsh Specialty Leader for US and Canada Broker Marsh said it promoted Michael Pellegrini to head of Marsh...