Marsh McLennan
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Sources fear that the issue will be buried after the coming legislative elections in November. -
The 30-person team move represented the latest raid from the UK-headquartered broker on Marsh McLennan.
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Combined, Warren Buffet’s investment conglomerate has shed over 4.88 million shares of Marsh since the end of June, or more than 92% of its holdings.
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Chicago-based Evertas will write crypto-asset policies on behalf of Arch and aims to expand relationships with other carriers.
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Rates rocketed in the two most challenged areas of the market, while price deceleration continued in P&C, the broker’s index showed.
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The two brokers reported quarterly earnings and were optimistic about the coming year.
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In the most recent episode of a Marsh podcast, president and CEO Martin South interviewed Carolina Klint on the key findings from the 2022 Global Risks Report.
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Cyber rates continue to spike globally, along with financial and professional lines, Marsh data shows.
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The broker went on a hiring spree in 2021, a year that also saw the business post its best-ever results.
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CEO and president Dan Glaser hailed 2021 as the finest year in the company’s history.
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The broker said terms and pricing were not significantly impacted by new capacity from oil and gas players.
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In the upstream market, benign conditions are expected in 2022 as commodity prices increase.
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