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The deal is expected to be completed later this year, subject to regulatory approval. Marsh did not disclose the terms of the deal.
August 21 -
Driven by weather catastrophes and higher building costs, new research showed.
August 14 -
There's a growing collective effort by national regulators, state governments, insurers and banks to address impacts of a warming planet.
December 2 -
Asian insurance giant AIA Group Ltd. is considering selling some life insurance legacy assets in Australia as part of its strategy to streamline its portfolio, according to people familiar with the matter.
January 11 -
Australian insurance startup Cover Genius Pty Ltd. boosted its valuation to A$1 billion ($729 million), after raising A$100 million from investors including G Squared and Japanese insurer Sompo Holdings Inc.
September 28 -
In other news: Ethos adds board members, new executives; One Inc partners with Mastercard on insurance payments; and Notion, a Comcast company, works with Honey Insurance in Australia.
September 13