Latest Marsh McLennan Headlines
All the headlines from our Marsh McLennan Topic Page, ordered by recency.
Guy Carp/Amlin Announce First Full Paperless Electronic Claims Settlement
Nov 17 2006 // Guy Carpenter, the global risk and reinsurance specialist of the Marsh & McLennan Companies, and Amlin, a leading Lloyd’s insurer, announced that they have successfully implemented their Electronic Claims File...
Guy Carpenter Names Farricker Sr.VP-Global Surety
Nov 16 2006 // Guy Carpenter & Company, Inc., the global risk and reinsurance specialist of the Marsh & McLennan Companies, announced the appointment of Ken Farricker as Senior Vice President in its Global Surety Specialty...
Guy Carpenter Comments on Catlin Cat Bond Placement
Nov 14 2006 // Guy Carpenter, the global risk and reinsurance specialist of the Marsh & McLennan Companies and its affiliate MMC Securities Ltd., noted their role as advisors in the completion of a multi-territory, multi-peril...
Guy Carpenter Releases Annual Review of U.S. Tort Law Developments
Nov 2 2006 // The most important tort law development of 2006 is still up for grabs, with the U.S. Supreme Court expected to rule on Philip Morris’ appeal of a $79.5 million punitive damage judgment in a lawsuit brought in Oregon,...
Marsh Revenue, Profit Up in 3d Quarter; Expenses Down
Nov 1 2006 // Marsh & McLennan Companies, Inc. reported consolidated revenues for the third quarter were $2.9 billion, an increase of 4 percent from the 2005 third quarter. Consolidated net income more than doubled to $176 million...
Bieler Named Treasurer at Marsh
Oct 27 2006 // Marsh & McLennan Companies,Inc. has named Alan W. Bieler as treasurer. Bieler succeeds and reports to Matthew B. Bartley, who was promoted to chief financial officer of MMC last month. Bieler joined MMC in July 2001...
Guy Carpenter Launches ‘STEALTH’ E-Trading System for Latin America
Oct 25 2006 // Guy Carpenter & Company, Inc., the global risk and reinsurance specialist of the Marsh & McLennan Companies, announced that its dedicated facultative reinsurance unit, GCFac, has launched STEALTH (Sabotage and...
Business Moves
Oct 9 2006 // Safeco moves to New York Stock Exchange, to Lay off 240 Seattle-based Safeco intends to list its common stock on the New York Stock Exchange (NYSE). Safeco anticipates the trading of its common stock to commence on the...
Moody’s Affirms Marsh & McLennan’s Ratings, Keeps Negative Watch
Sep 28 2006 // Moody’s Investors Service said it was affirming the Baa2 senior unsecured debt rating and the Prime-2 short-term debt rating for Marsh & McLennan Companies Inc., the nation’s largest insurance...
Burns Named CEO for Mercer; Bartley CFO for MMC
Sep 26 2006 // Marsh & McLennan Companies, Inc. has named M. Michele Burns, chief financial officer of MMC, to the position of chairman and chief executive officer of Mercer Human Resource Consulting. She succeeds Michael Caulfield,...
Figures
Sep 25 2006 // 6,000 The number of personal and commercial policyholders along the Texas coast expected to be affected by State Farm Insur-ance Company decision to stop renewing policies for properties within 2,500 feet of coastal waters...
News Currents
Sep 25 2006 // Marsh & McLennan cutting 750 jobs Marsh & McLennan Cos. Inc., the world’s biggest insurance brokerage, said it will cut 750 jobs, consolidate some locations and revamp its information technology structure...
Marsh & McLennan cutting 750 jobs
Sep 25 2006 // Marsh & McLennan Cos. Inc., the world’s biggest insurance brokerage, said it will cut 750 jobs, consolidate some locations and revamp its information technology structure to cut costs. Marsh & McLennan,...
Marsh & McLennan Exploring Possible Sale of Putnam
Sep 21 2006 // Marsh & McLennan Cos., the world’s biggest insurance brokerage, says it is checking the market for a possible sale of its Boston-based mutual funds division, Putnam Investments. Michael G. Cherkasky, New...
S&P: Marsh & McLennan Rating Unaffected by Possible Putnam Sale
Sep 21 2006 // Standard & Poor’s Ratings Services said that it is taking no rating action on Marsh & McLennan Companies (BBB/Negative/A-2) following the firm’s decision to, as MMC phrased it, “do a market...
Marsh & McLennan Cutting 750 Jobs
Sep 18 2006 // Marsh & McLennan Cos. Inc., the world’s biggest insurance brokerage, said last Friday it will cut 750 jobs, consolidate some locations and revamp its information technology structure to cut costs. Marsh &...
Guy Carpenter Releases Annual Specialty Program Market Survey
Sep 13 2006 // Guy Carpenter & Company Inc., the global risk and reinsurance specialist and a part of the Marsh & McLennan Companies, has released its second annual survey of domestic insurance companies that write substantial...
Guy Carpenter Study Shows Big Rate Increases in U.S., Mexico
Sep 8 2006 // On the eve of the Reinsurance Rendezvous in Monte Carlo, Guy Carpenter & Company, the risk and reinsurance specialist of the Marsh & McLennan Companies has published its annual, comprehensive study of the global...
Guy Carpenter, EQECAT Launch New Sea Surge Model for France, Sweden
Sep 5 2006 // Guy Carpenter & Company, Inc., the global risk and reinsurance specialist of the Marsh & McLennan Companies, announced that its Instrat(R) unit, which provides quantitative analysis and modeling services, has...
Guy Carpenter report examines impact and risks of nanotechnology
Sep 4 2006 // Guy Carpenter & Company, the risk and reinsurance specialist of Marsh & McLennan Companies, released a new study that provides an overview of the emerging science of nanotechnology, its potential benefits for the...
