Marsh McLennan

Former renewables head Hamish Roberts has moved to work as growth leader for the broker in the UK and Ireland.

Marsh McLennan is mobilising the insurance industry to support the UN’s Race to Resilience initiative, starting by featuring 17 climate adaptation projects.

Discussion on Q3 earnings calls focused heavily on the supply-demand imbalance in cat capacity, as executives discussed how they would navigate a challenging January renewal.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

Inside P&C’s news team runs you through the key highlights of the week.

This was the first time since the Q3 2019 that the US insurance composite renewal rate fell to single digits.

Cyber saw the biggest increase in the quarter, while financial and professional lines saw a slight reduction.

As the super-cycle slows and the economic landscape becomes more uncertain, brokers will face pressure, though a cooling labor market may aid margins.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

Inside P&C’s news team runs you through the key highlights of the week.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

Marsh CEO Martin South added that the broker expected to see property rates easing, but "the reverse is going to be true."