Marsh
Marsh is a global insurance broker and risk advisor. It has around 45,000 employees operating in 130 countries. Marsh services commercial and individual clients with its data-driven risk solutions and advisory services.
See below for the Latest Marsh News, Analysis, Profit Results, Share Price Information, and Commentary
Tokio Marine, Marsh launch port disruption insurance
Standalone coverage provides up to $50m in capacity for losses.
Tokio Marine, Marsh launch port disruption insurance
Standalone coverage provides up to $50m in capacity for losses.
P&I premiums steady despite high-profile incidents
Although competition between P&I clubs intensified due to growth in global tonnage.
Asia's cyber insurance market set to triple by 2025
Cost of cybercrime is projected to increase to nearly $24t by 2027.
Marsh's $50m facility to tackle growing port issues
The facility is backed by insurers from Lloyd’s of London and the London market.
Asian insurance rates suffer in Q2 amidst rising competition
All lines of business witnessed declines during the period.
Marsh McLennan reports 6% YoY revenue rise in Q2 2024
Asia Pacific’s underlying revenue climbed 70% YoY.
Business email compromise is often overlooked cyber threat: Guy Carpenter
The past five years saw 550 email compromises, affecting clients.
APAC mirrors global surge in transactional risk claims
Claims rate has remained stable between 9% and 11% per deal from 2018 to 2023.
Marsh India reports surge in cyber incidents in 2023
The mean cost to recover from ransomware attacks was estimated at $1.82m.
Insurance pivotal in risk resilience enhancement: Marsh
“There is No Planet B” author urged the sector to factor in risks of ongoing polycrisis.
Marsh lists 4 ways to gain an advantage in growing EV market
The EV insurance market is forecasted to expand to $687.62b by 2029.
Marsh cites three major shortcomings in current insurance strategies
The firm calls for proactive steps toward partnership.
Political risks dawn on the mining sector
Supply chain disruptions can jeopardise project returns.
Insurers adapt to EV demands with specialised risk products
EV insurance is estimated to surge $687.62b by 2029.
Insurance rates decline in Q1’24
Rates in catastrophe-exposed regions were stable despite declines.
Marsh McLennan Q1’24 revenue up 9% to $6.5b
Marsh’s APAC business saw its revenue jump 6% YoY.
Private market investments surge amongst 73% of insurers
Optimising fixed income portfolios amongst prime investment opportunities for insurers in the next 12 months.
Commentary
Intelligent decisioning: The essential element of a modern, customer-centric insurance business
Going green carries its own environmental risks