Latest Marsh McLennan Headlines
All the headlines from our Marsh McLennan Topic Page, ordered by recency.
MARSH FORMS NEW COMPANY
Oct 15 2001 // Marsh & McLennan Cos. Inc. is forming a new firm, to be called Axis Specialty Ltd., to deal with industry cutbacks in coverage that have occurred since the Sept. 11 attacks. Bermuda-based Axis is being created to...
MARSH FORMS NEW COMPANY
Oct 8 2001 // Marsh & McLennan Cos. Inc. is forming a new firm to deal with industry cutbacks in coverage that have occurred since the Sept. 11 attacks. The new firm, to be called Axis Specialty Ltd., is being created to capitalize...
Marsh Forms New Company in Wake of Disasters
Oct 2 2001 // Marsh & McLennan Cos. Inc. is forming a new firm to deal with industry cutbacks in coverage that have occurred since the Sept. 11 attacks. The new firm, to be called Axis Specialty Ltd., is being created to capitalize...
Insurance Industry Grieves For Its Own
Sep 24 2001 // While the destroyed Twin Towers of the World Trade Center in New York City and surrounding buildings were occupied by a variety of businesses, the insurance industry took a major blow in the Sept. 11 disaster as a number...
MMC Working to Locate Employees, 1,300 Reported Safe
Sep 14 2001 // Jeff Greenberg, chairman of Marsh & McLennan Co., issued the following statement yesterday: “Approximately 1,700 of our people – from Marsh, Mercer, Guy Carpenter, Seabury & Smith, and MMC Enterprise...
Guy Carpenter Sees Integration of Risk Management and Capital Management Becoming Dominant Focus Ju
Jul 26 2001 // According to a new study by Guy Carpenter &. Co. Inc., a leading global reinsurance intermediary, as insurance companies address their ability to manage capital more efficiently to achieve greater profitability,...
MMC Reports Increased 2Q, Six Months Results
Jul 26 2001 // Marsh & McLennan Companies, Inc. (MMC), reported increased revenues and earnings for the quarter ended June 30, 2001. The company stated that consolidated revenues rose 1 percent to $2.5 billion, net income grew 6...
CGNU in Partnership Talks with France’s MMA
Jul 9 2001 // CGNU, Britain’s largest insurer, is in talks with the French group Mutuelles du Mans Assurances aimed at establishing a partnership arrangement which would strengthen its position in the French life and pension...
MMC Reports Strong Fourth Quarter, Year-end Results
Jan 30 2001 // Marsh & McLennan Cos. has reported strong revenue and earnings growth for both the quarter and year ended Dec. 31, 2000. For the year, revenues rose 11 percent to $10.2 billion from $9.2 billion in 1999. Net income...
Guy Carpenter Appoints New VP of Strategic Planning and Corporate Development
Dec 28 2000 // Guy Carpenter and Co. has hired Gregory T. Doyle as executive vice president of strategic planning and corporate development. In this new role, he will work with senior management in developing the strategic direction of...
Guy Carpenter Opens Bermuda Office
Nov 14 2000 // Guy Carpenter and Company, the reinsurance arm of Marsh Inc. has announced the opening of offices in Bermuda to be headed by Bert Golinski, who “will maintain responsibility for his current US-based and Bermuda...
GOOD NEWS FOR MARSH
Nov 13 2000 // Marsh & McLennan Companies (MMC) reported strong revenues and earnings for both the quarter and nine months that ended Sept. 30. For the quarter, MMC’s revenues rose 14 percent to $2.5 billion from $2.2 billion...
MMC: Strong Third Quarter, Nine Months Results
Oct 23 2000 // Marsh & McLennan Companies has reported strong revenues and earnings for both the quarter and nine months that ended Sept. 30. For the quarter, MMC’s revenues rose 14 percent to $2.5 billion from $2.2 billion in...
Mercer Hit With Harassment Suit
Sep 21 2000 // The pair has filed suit against Mercer and its parent, Marsh & McLennan Cos. Inc, seeking unspecified compensatory and punitive damages. The complaint, filed in Mercer County Superior Court in Trenton, alleges the two...
Guy Carpenter Reinsurance 2000 Report Sees Firming Market
Sep 14 2000 // Guy Carpenter, the reinsurance arm of Marsh Inc. has just issued a comprehensive 64 page study of the state and prospects for the property/casualty reinsurance market in the year 2000. The report sees an industry in...
Large Carriers Post Positive Second-Quarter Results
Aug 7 2000 // Over the past three weeks, U.S. property/casualty insurers have been busy posting their second-quarter results. With continuing low premium rates and high claims costs, it may look like bad news for the industry as a...
Marsh & McLennan Affirmed
Aug 7 2000 // The “AA-” counterparty credit and senior unsecured debt ratings on Marsh & McLennan Companies (MMC) was affirmed by S&P. Concurrently, MMC”s “A-1+” short-term counterparty credit...
Large Carriers Post Positive Second-Quarter Results
Aug 7 2000 // Over the past three weeks, U.S. property/casualty insurers have been busy posting their second-quarter results. With continuing low premium rates and high claims costs, it may look like bad news for the industry as a...
Marsh McLennan Reports Strong Q2 Revenues
Jul 26 2000 // Marsh & McLennan Companies is reporting strong revenues and earnings for both the quarter and six months ended June 30. For the quarter, MMC’s revenues rose 11 percent to $2.5 billion. Net income grew 21 percent...
Marsh & McLennan Name New German Head
Jun 8 2000 // Sven Kado has been appointed chairman of MMC Germany, a subsidiary of MMC, the global Marsh operating company. He will be responsible for coordination between the heads of MMC’s German companies, Marsh GmbH, William...
