Latest Marsh McLennan Headlines

Marsh & McLennan 4Q Profit Soared

Feb 13 2007 // Global services firm Marsh & McLennan Companies, Inc. (MMC), parent company of giant insurance broker Marsh, reported that its fourth quarter 2006 consolidated net income was $226 million, an increase of more than 500...

Guy Carpenter Appoints Junnarkar CFO

Feb 8 2007 // Guy Carpenter & Company, the risk and reinsurance specialist of the Marsh & McLennan Companies, has appointed Ajay Junnarkar as Chief Financial Officer. He will lead the firm’s Finance and Corporate...

Marsh Sells Putnam to Canada’s Great-West Lifeco for $3.9 Billion

Feb 1 2007 // Marsh & McLennan Companies, Inc. (MMC) announced today that Great-West Lifeco Inc., a financial services holding company controlled by Canada-based Power Financial Corp., has signed a definitive agreement to purchase...

Guy Carpenter Names Zillgitt Senior VP

Jan 18 2007 // Guy Carpenter & Co. LLC, a global risk and reinsurance specialist and part of the Marsh & McLennan Companies, has appointed Garick Zillgitt senior vice president and western region business development leader....

CEO Storms Seeks Bigger Role in Risk Management for Marsh

Jan 15 2007 // Marsh Inc. already is one of the world’s largest insurance brokers, but its chairman and chief executive, Brian M. Storms, wants to increase its role in the risk management business. As Storms sees it, Marsh should...

Marsh Reported Selling Putnam to Canada’s Power Company

Jan 2 2007 // Marsh & McLennan Companies Inc., the nation’s largest insurance broker, has selected a buyer for its Putnam Investments mutual funds and investment management division, according to a report last Friday. Marsh...

S&P Places Marsh & McLennan on CreditWatch

Dec 29 2006 // Standard & Poor’s Ratings Services placed its ‘BBB/A-2’ counterparty credit rating on Marsh & McLennan Cos. (MMC) on CreditWatch with developing implications. This action is in response to...

More Punch for Programs

Dec 10 2006 // Today’s managing general agencies and carrier partners in the specialty program marketplace are enjoying profitable times while looking over their shoulders at new carriers and agents eager to enter the ring,...

Guy Carpenter Adds Johnson as Senior V.P.

Dec 8 2006 // Guy Carpenter & Co., Inc., the global risk and reinsurance specialist and part of the Marsh & McLennan Companies, has appointed of Eric “Rick” Johnson as senior vice president. Johnson will focus on...

Marsh Unit Arranges Collateral Program for N.C. Workers’ Comp Fund

Dec 7 2006 // MMC Securities Corp., an affiliate of Marsh Inc., has completed a $510 million alternative collateral program on behalf of the North Carolina Self-Insurance Security Association for its security fund. The North Carolina...

Guy Carpenter Issues Report on Impact of Typhoon Saomai

Dec 6 2006 // Guy Carpenter & Co., the global risk and reinsurance specialist of the Marsh & McLennan Companies announced that its Instrat(R) unit has published “Typhoon Saomai: Impact and Historical...

Guy Carpenter Names Gralton to Head U.S. Casualty Wholesale Unit

Nov 29 2006 // Guy Carpenter & Company, Inc., a risk and reinsurance specialist and a part of the Marsh & McLennan Companies, has named Nick Gralton as head of its U.S. wholesale casualty operation. Gralton will be based in...

People and Places

Nov 20 2006 // Greg Thompson, president and chief executive officer of Thomco, is the new president of the Target Markets Program Administrators Association, a national organization serving program managers. Thomco, headquartered in...

People and Places

Nov 20 2006 // Tony Boyd joined Dallas-based McQueary Henry Bowles Troy L.L.P. as a sales professional in Personal Insurance Professionals, a division of MHBT that serves personal lines clients. Prior to joining MHBT, he was agency owner...

People and Places

Nov 20 2006 // Greg Thompson, president and chief executive officer of Thomco, is the new president of the Target Markets Program Administrators Association, a national organization serving program managers. Thomco, headquartered in...

People and Places

Nov 20 2006 // Greg Thompson, president and CEO of THOMCO, is the new president of the Target Markets Program Administrators Association, a national organization serving program managers. Thompson joined THOMCO in 1979, after two years...

People

Nov 19 2006 // Greg Thompson, president and chief executive officer of Thomco, is the new president of the Target Markets Program Administrators Association, a national organization serving program managers. Thomco, headquartered in...

Nov 19 2006 // People Greg Thompson, president and chief executive officer of Thomco, is the new president of the Target Markets Program Administrators Association, a national organization serving program managers. Thomco, headquartered...

Nov 19 2006 // People Tony Boyd joined Dallas-based McQueary Henry Bowles Troy L.L.P. as a sales professional in Personal Insurance Professionals, a division of MHBT that serves personal lines clients. Prior to joining MHBT, he was...

People

Nov 19 2006 // Greg Thompson, president and CEO of THOMCO, is the new president of the Target Markets Program Administrators Association, a national organization serving program managers. Thompson joined THOMCO in 1979, after two years...