Ottawa storms test 2026's softer reinsurance forecast - Insurance Business

Double-digit management consulting growth supports earnings as softer pricing impacts insurance and reinsurance renewals Marsh reported an 8% increase in third-quarter revenue to $6.9 billion, with strong management consulting growth helping offset a decline in reinsurance revenue and slower expansion across its insurance services segment.

The new role leads a strategy built on carrier partnerships, facilities and joined-up placement Howden has appointed Elliot Richardson (pictured) in the newly created role of group chief commercial officer, putting him in charge of a new commercial strategy to make fuller use of the broking, reinsurance, underwriting and employee benefits businesses the group has built.

Outlooks for Canada and the United States are little changed from September despite moderately weaker labour data. The Federal Reserve is still expected to hike by 75 basis points in total (including the hike in September), but at a slower pace than previously forecast.