Latest Marsh McLennan Headlines
All the headlines from our Marsh McLennan Topic Page, ordered by recency.
Ko Appointed Chairman of Willis Asia
Sep 8 2014 // Willis Group Holdings plc has appointed Huichih Ko as Chairman of Willis Asia, effective September 9. He will be initially based in the Singapore HQ of Willis Asia, which employs around 890 associates in 36 offices. The...
Guy Carpenter Launches Probabilistic European Hail Model
Sep 5 2014 // Guy Carpenter & Company, LLC, the global risk and reinsurance specialist and wholly owned subsidiary of Marsh & McLennan Companies, announced the launch of its new probabilistic hail model for Europe. The bulletin...
Canada Railway Audit ‘Inadequate’ before Lac-Mégantic Disaster: Official Report
Aug 20 2014 // The Canadian government did not adequately audit the railroad company at the center of the Lac-Mégantic crude tanker disaster, which last year killed 47 people, an independent federal agency said on Tuesday, as it called...
Marsh Revenue Grew 7% in Q2
Jul 29 2014 // Marsh & McLennan Companies Inc., the global insurance and professional services provider, reported revenue growth of 7 percent in the second quarter. “This was our strongest quarterly revenue performance in two...
Smith to Head Guy Carpenter’s EMEA and Int’l. P&I Business
Jul 23 2014 // Guy Carpenter & Company, LLC, the global risk and reinsurance specialist and member of Marsh & McLennan Companies, announced the appointment of Simon Smith as Head of EMEA & International P&I Business,...
Guy Carpenter Appoints de Haas CEO of Benelux Region
Jul 10 2014 // Guy Carpenter & Company, LLC, the global risk and reinsurance specialist and member of Marsh & McLennan Companies, announced the appointment of Roelant de Haas as CEO of the Benelux region, effective as of...
Guy Carpenter Says Reinsurance Prices Squeezed by Oversupply
Jul 8 2014 // Reinsurance prices declined on policies renewed for July 1 amid low losses and as record levels of catastrophe bonds drove an oversupply of capital, according to Guy Carpenter & Co. LLC. There were “price...
Marsh Buying Stake in Alexander Forbes of South Africa
Jun 22 2014 // Marsh & McLennan Cos. will buy a 34 percent stake in Alexander Forbes Ltd. as Africa’s largest independent pension-fund manager prepares to sell shares on the Johannesburg Stock Exchange next month. Mercer Africa...
Marsh & McLennan Agency Acquires Senn Dunn in North Carolina
Jun 2 2014 // Marsh & McLennan Agency LLC (MMA) said it has acquired Senn Dunn Insurance in North Carolina. Terms of the transaction were not disclosed. Founded in 1927, Senn Dunn has annual revenue of approximately $30 million and...
Business Moves
Jun 2 2014 // Brown & Brown, Wright Insurance Brown & Brown Inc. has completed its acquisition of specialty and flood insurance company The Wright Insurance Group LLC. In January, Florida-based national insurance broker Brown...
Why Marsh Is Rated Higher Than Aon: Moody’s
May 19 2014 // Insurance broker Marsh & McLennan Companies Inc. (MMC) carries lower financial leverage than peer Aon plc, resulting in a one-notch rating advantage for MMC, according to Moody’s Investors Service in its report,...
Marsh & McLennan Agency Acquires Visicor in Texas
May 19 2014 // Marsh & McLennan Agency LLC has acquired Visicor, an employee benefits brokerage and consulting firm based in Friendswood, Texas. Terms of the deal were not disclosed. All of Visicor’s leadership and employees...
Ohio’s Kinker-Eveleigh Insurance Acquired by Marsh & Mclennan Agency
May 9 2014 // Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh LLC, has acquired Kinker-Eveleigh Insurance Agency, a $3.5 million revenue agency located in Cincinnati, Ohio. Terms of the transaction were not...
People – East
May 5 2014 // Marsh & McLennan Companies Inc. has appointed Eddie Dunn as director, Military and Veteran Affairs. In this role, Dunn will support the U.S. Veterans Talent Initiative that Marsh & McLennan announced last...
Marsh Revenue Up 5% in 1Q
May 4 2014 // Marsh & McLennan Companies Inc. (MMC) reported underlying revenue growth in the fourth quarter of four percent, an increase in adjusted operating income of 11 percent and continued margin expansion in both its Risk and...
Marsh Report Finds Continued Demand for Terrorism Risk Insurance; Urges Renewal
Apr 22 2014 // Demand for terrorism insurance remains strong and the existence of the federal terrorism risk insurance program plays a key role in making coverage available and affordable, according to a report released by insurance...
Marsh & McLennan Names Dunn Director for Military, Veterans Affairs
Apr 21 2014 // Marsh & McLennan Companies Inc. said that Eddie Dunn has joined the firm as director, Military and Veteran Affairs. In this role, Dunn will support the U.S. Veterans Talent Initiative Marsh & McLennan announced...
First Quarter Activity Soars
Apr 21 2014 // With the strongest start in the past five years, the first quarter of 2014 carries with it the momentum from the end of last year. With 77 announced transactions, January through March was not only the strongest first...
Business Moves
Apr 21 2014 // Marsh & McLennan, Capstone Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh LLC, has acquired Capstone Insurance Services LLC, a $1.8 million revenue agency located in Greenville, S.C....
Marsh & McLennan Agency Acquires South Carolina’s Capstone
Apr 4 2014 // Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh LLC, ] has acquired Capstone Insurance Services LLC, a $1.8 million revenue agency located in Greenville, South Carolina. Terms of the...
