Marsh McLennan
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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.
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Cyber saw the biggest increase in the quarter, while financial and professional lines saw a slight reduction.
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As the super-cycle slows and the economic landscape becomes more uncertain, brokers will face pressure, though a cooling labor market may aid margins.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Inside P&C’s news team runs you through the key highlights of the week.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Marsh CEO Martin South added that the broker expected to see property rates easing, but "the reverse is going to be true."
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Guy Carpenter is lining up for a challenging January 1 renewal, but hard conditions may ultimately prove a tailwind.
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The broker continued to expand margins and posted adjusted earnings per share slightly above analyst expectations.
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The addition of talent follows the departure of 12 employees who left the Dallas-based practice earlier this year and moved to rival broker Howden.
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Inside P&C’s news team runs you through the key highlights of the week.
