Marsh McLennan News
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Alliant Employees Blocked From Soliciting Former MMA Clients
Jan 22 2025 // A federal judge in Manhattan overseeing an insurance brokerage poaching case has blocked three Alliant Insurance Services employees from soliciting or contacting any current Marsh & McLennan Agency (MMA) clients or...
Business Moves: Aon, Guy Carpenter, WTW Each Complete Previously Announced M&As
Jan 7 2025 // Insurance brokers Aon plc, Guy Carpenter and WTW announced they each have completed previously announced mergers and acquisitions.Aon’s acquisition of Griffiths & Armour, which was first announced in November...
Global Property Catastrophe Rates-on-Line Down 6.6% During Renewals: Guy Carpenter
Jan 6 2025 // Guy Carpenter reports that average global and regional property catastrophe rates-on-line decreased during the January 2025 renewals in amounts ranging from 5.3% to 7.2%.Guy Carpenter defines rate on line (ROL) as the cost...
Loss-Free Property Cat Rates Fall 5%-15% as Reinsurer Appetite Grows: Guy Carpenter
Dec 30 2024 // Global reinsurers’ appetite rose for property catastrophe during the upcoming January renewals, which have seen risk-adjusted reinsurance rate reductions of 5%-15% for loss-free accounts, according to a renewal...
Guy Carpenter to Research Parametric Solutions in California, Florida
Dec 12 2024 // Guy Carpenter said it is starting a research project to explore the use of parametric insurance solutions in California and Florida for wildfire and hurricane risks.The effort will focus on the use of a...
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