Marsh & McLennan News

People News: Marsh & McLennan, Travelers, Starr Companies, QBE

Marsh & McLennan Companies Names Mills Vice President and Controller Marsh & McLennan Companies, Inc., a global professional services firm offering clients advice and solutions in risk, strategy and people, announced the appointment of Stacy Mills as vice president and …

Industry Experts Say Matthew Won’t Reverse Declining Reinsurance Rates

Hurricane Matthew will have a limited impact on the years-long decline in rates for reinsurance, according to industry representatives, who predict primary insurers will push back against price increases at the start of 2017. “I expect a strong likelihood for …

Reinsurance Prices Drop at January Renewal Amid Surge of Capital

Global prices for reinsurance policies up for renewal on Jan. 1 declined amid an oversupply of capital in the industry, according to a unit of Marsh & McLennan Cos., the world’s largest insurance broker. Rates for property-catastrophe reinsurance fell 11 …