Latest Marsh McLennan Headlines

All the headlines from our Marsh McLennan Topic Page, ordered by recency.

Guy Carpenter Taps Miller from Aon to Lead Property Catastrophe UK, Global Specialties

Sep 29 2020 // Guy Carpenter & Co., the reinsurance brokerage business of Marsh & McLennan Cos., announced the appointment of Paul Miller to lead Guy Carpenter’s Property Catastrophe value proposition for UK, Global...

Reinsurers Enter January Renewals, Focusing on Underwriting Discipline: Carpenter, Aon

Sep 14 2020 // Economic uncertainty and volatility, in combination with COVID-19-related losses, is leading to a heightened level of cautiousness among property reinsurers unless pricing and terms and conditions meet specific thresholds,...

Guy Carpenter’s Riley to Join Lockton Re Aviation Practice in London

Sep 14 2020 // Global reinsurance broker Lockton Re announced that Dominic Riley will be joining Lockton Re in London to lead the Aviation & Aerospace practice early next year. Riley was most recently part of the Aviation team at Guy...

Marsh’s Klisura Is Moving to Guy Carpenter to Be President

Sep 10 2020 // Brokers Guy Carpenter and Marsh, two business units of Marsh & McLennan, announced the appointment of Dean Klisura as president of Guy Carpenter, effective October 1, 2020. In this newly-created role, Klisura will be...

Willis Re’s Livingston Joins Guy Carpenter in New Global Head of Sales Role

Aug 20 2020 // Reinsurance broker Guy Carpenter & Co. has named Jeffrey Livingston as global head of Sales, effective September 1. Livingston will also join the Guy Carpenter Executive Committee. In this newly created role,...

Sompo Global Risk, Marsh & McLennan Launch Commercial Real Estate Market Product

Aug 18 2020 // Marsh & McLennan Agency LLC (MMA) and Sompo Global Risk Solutions (GRS) have launched a new customizable insurance product designed to help commercial real estate owners control costs, streamline policy administration...

Marsh Promotes Leney to Risk Management Leader for Asia and Pacific Regions

Aug 14 2020 // Marsh, the insurance broker and risk adviser, announced the appointment of Scott Leney as risk management leader for both its Asia and Pacific regions. In his new role, Leney will oversee Marsh’s regional risk...

Marine Insurance Losses Likely to Be Under $250M from Beirut Port Blast: Carpenter

Aug 11 2020 // Insurance claims for damage to ships, goods and the port itself after a warehouse explosion last week in the port of Beirut were likely to total less than $250 million, reinsurance broker Guy Carpenter said on...

Guy Carpenter Appoints Askew as Canada President and CEO, Succeeding Callahan

Aug 5 2020 // Guy Carpenter & Co., the reinsurance broker and unit of Marsh & McLennan Cos., announced the appointment of Peter Askew as president and CEO, of Guy Carpenter’s Canadian business, with immediate...

Guy Carpenter Names Mayer, Mowery, Crichton to Executive Committee

Aug 3 2020 // Reinsurance broker Guy Carpenter & Co., a business of Marsh & McLennan Cos., has appointed three new members to its Executive Committee. The new members are: Neil Mayer has been appointed chief operating officer...

Marsh & McLennan Profit Up in Q2; CEO Sees Aon-Willis Merger ‘Good’ for MMC

Jul 30 2020 // The pending acquisition by insurance broker Aon of rival Willis Towers Watson is “not good for the market or for clients but is good for Marsh & McLennan,” commented Daniel Glaser, president and chief...

Guy Carpenter Names Piatti as Managing Director of Global Risk Solutions

Jul 28 2020 // Guy Carpenter announced today the appointment of Andrea Piatti as a managing director, Global Risk Solutions. Piatti will be responsible for serving clients in the customized reinsurance space across Europe and Middle East...

Guy Carpenter Launches Hybrid Solutions UK with Willis Towers Watson’s Upton at Helm

Jul 16 2020 // Reinsurance broker Guy Carpenter & Co. announced the launch of Hybrid Solutions UK, a division of GC Fac, and the appointment of Laurence Upton, formerly with Willis Towers Watson in London, to lead the new...

Guy Carpenter Names Lawrence from Willis Towers Watson as Head of GC Fac UK

Jul 13 2020 // Guy Carpenter & Co., the reinsurance brokerage division of Marsh & McLennan Cos., announced the appointment of Henry Lawrence as a managing director, GC Fac UK, effective August 17. Lawrence will be responsible for...

Zaffino, AIG’s No. 2, Fights to Turn Around the House That Hank Greenberg Built

Jun 5 2020 // American International Group Inc.’s Peter Zaffino drew a clear line ahead of his jump to the insurer almost three years ago. “I didn’t want any advice,” Zaffino, AIG’s president, said in a...

Guy Carpenter Launches Probabilistic Philippines Flood Model

May 12 2020 // Guy Carpenter & Co., the reinsurance broker and subsidiary of Marsh & McLennan Cos., announced the launch of a new Philippines Flood Model. The probabilistic model provides countrywide coverage and enables insurers...

Marsh & McLennan Revenue Grew 14% in Q1

May 5 2020 // Marsh & McLennan Companies (MMC) marked the one-year anniversary of its acquisition of Jardine Lloyd Thompson (JLT) by reporting consolidated revenue in the first quarter of $4.7 billion, a 14% increase over the same...

Guy Carpenter Taps Williams from AIG as Global Head of Client Support Services

Apr 29 2020 // Guy Carpenter & Co., LLC, the reinsurance brokerage business of Marsh & McLennan Cos., announced that George Williams has been appointed managing director, global head of Client Support Services, effective...

Business Moves

Apr 20 2020 // East The Hilb Group, D.F. Dwyer & Associates The Hilb Group LLC has acquired certain assets of Rhode Island-based D. F. Dwyer & Associates LLC. The transaction became effective February 1, 2020. Based in Newport,...

Marsh & McLennan Acquires Illinois Independent Agency, Assurance

Apr 1 2020 // Marsh subsidiary Marsh & McLennan Agency LLC (MMA) has acquired Schaumburg, Illinois-based Assurance Holdings Inc. Terms of the acquisition were not disclosed. Founded in 1961, Assurance is a full-service brokerage...