Latest Marsh McLennan Headlines
All the headlines from our Marsh McLennan Topic Page, ordered by recency.
Guy Carpenter Names Guerriero as Interim Head of International Facultative Operations
Oct 7 2019 // Guy Carpenter & Co., the reinsurance broker and wholly owned subsidiary of Marsh & McLennan Cos., announced that Frank Guerriero has been appointed as interim head of International Facultative Operations, reporting...
When Billion Dollar Cyber Losses Strike: Guy Carpenter/CyberCube
Sep 16 2019 // As the cyber insurance market has continued its rapid growth, its loss vulnerabilities have become increasingly clear. A new report from Guy Carpenter and CyberCube Analytics has identified potential loss scenarios in the...
Loss Creep Spells End to Soft Reinsurance Market: Guy Carpenter
Sep 10 2019 // Extended development from North American hurricane losses and losses from non-peak perils like California wildfires have finally jolted reinsurers out of a soft reinsurance market, according to a report from reinsurance...
Billion Dollar Loss Scenarios Point to Need to Better Understand Cyber Events
Sep 9 2019 // As the cyber insurance market has continued its rapid growth, its loss vulnerabilities have become increasingly clear. A new report from Guy Carpenter and CyberCube Analytics has identified potential loss scenarios in the...
Guy Carpenter’s Holtmeier Joins BMS as U.S. Reinsurance Chief Strategy Officer
Sep 9 2019 // Reinsurance brokerage BMS Group announced the appointment of Gregg Holtmeier as chief strategy officer of its U.S. reinsurance operations. With 20 years’ experience in the reinsurance markets, Holtmeier joins BMS...
Guy Carpenter Names Priebe as Chairman
Sep 9 2019 // Guy Carpenter & Co., LLC, the global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan Cos., announced that David Priebe has been appointed to the role of chairman, effective...
Guy Carpenter Fires Executive Who Sent Harassing Email About Colleague
Sep 3 2019 // A top Lloyd’s of London insurance brokerage, Guy Carpenter & Co., fired a senior vice president for sending a sexually explicit email about a female colleague, one of the first dismissals to come to light since...
Guy Carpenter Tapped for California Wildfire Fund Reinsurance Program
Aug 22 2019 // Guy Carpenter & Company LLC has been named the sole reinsurance intermediary for the newly formed California Wildfire Fund, which is currently being administered by the California Earthquake Authority. Guy Carpenter...
Lloyd’s Suspends Broker Over Harassing Email
Jun 25 2019 // Lloyd’s of London has suspended a senior broker at Guy Carpenter & Co. for sending colleagues a sexually suggestive email about a female employee and is planning to take similar action against a second person who...
Reinsurance Broker Guy Carpenter Suspends Two Over Harassing Email
Jun 13 2019 // A Lloyd’s of London insurance broker, Guy Carpenter & Co., suspended an executive for sending a sexually suggestive email about a female colleague. A second employee was suspended for forwarding the message...
Judge Restrains 3 Former Guy Carpenter Execs Who Moved to Lockton Global Re
May 31 2019 // A federal judge in New York has granted reinsurance broker Guy Carpenter’s request for a temporary restraining order against three former executives who moved to competitor Lockton in March. The TRO blocks the three...
Guy Carpenter Announces Series of International Analytics, Advisory Appointments
May 13 2019 // Guy Carpenter & Co., the reinsurance broking subsidiary of Marsh & McLennan Cos., announced a series of London-based hires designed to further build out the firm’s strategic advisory and analytics...
Guy Carpenter Names Senior Reinsurance Leadership Team to Further Integrate JLT Re
May 9 2019 // Guy Carpenter & Co., the global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan Cos., announced a series of international leadership appointments to facilitate the integration of...
Business Moves
May 6 2019 // National ProAg, AmTrust Agriculture Producers Ag Insurance Group Inc. has agreed to acquire Leawood, Kan.-based managing general agent AmTrust Agriculture Insurance Services. The deal, which is subject to regulatory...
Marsh, Guy Carpenter and JLT to Merge Latin America Facultative Reinsurance Units
Apr 23 2019 // Marsh and Guy Carpenter, both wholly owned subsidiaries of Marsh & McLennan Cos. (MMC), announced that, subject to regulatory approvals, they would combine their Latin American facultative reinsurance operations with...
Business Moves
Apr 15 2019 // National NSM, Embrace Pet Insurance Program specialist NSM Insurance Group has acquired Embrace Pet Insurance, a Cleveland-based national provider of pet health insurance for dogs and cats. Embrace offers an accident and...
Marsh & McLennan Agency Acquires Lovitt & Touché in Arizona
Apr 2 2019 // Marsh & McLennan Agency LLC has acquired Phoenix, Ariz.-based Lovitt & Touché. Terms of the deal were not disclosed. Charlie Touché, Lovitt & Touché CEO since 1998, will lead MMA’s operations in...
Marsh & McLennan Completes $5.6 Billion Acquisition of Jardine Lloyd Thompson
Apr 1 2019 // Marsh & McLennan Cos. (MMC) completed its $5.6 billion acquisition of Jardine Lloyd Thompson Group plc (JLT). “Today marks the beginning of a new era with Marsh & McLennan and JLT coming together. This is a...
Marsh & McLennan Clears Final Regulatory Hurdle to Close on Buying JLT on April 1
Mar 25 2019 // Marsh & McLennan Cos. (MMC) announced on Friday, March 22 that the European Commission has approved its $5.6 billion acquisition of Jardine Lloyd Thompson Group plc. All regulatory and competition authority approvals...
Lockton Expands Reinsurance Brokerage Globally; Hires 3 Guy Carpenter Executives
Mar 11 2019 // Global insurance broker Lockton has formed a global reinsurance business, Lockton Global Re, and hired several Guy Carpenter executives as part of its leadership team. In addition to Lockton CEO Ron Lockton, the leadership...
