Latest Marsh McLennan Headlines
All the headlines from our Marsh McLennan Topic Page, ordered by recency.
AIG’s Glaser Named Marsh CEO
Dec 3 2007 // Marsh & McLennan Companies, Inc. has named Daniel S. Glaser, an AIG executive who began his career as a Marsh broker, as chairman and chief executive officer of its insurance broker, Marsh Inc. Glaser currently serves...
Ratings Recap: MMA, Shinkong, First Ins., Singapore Re, Swiss Re, W.R. Berkley (Europe)
Nov 21 2007 // Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on France-based insurer MMA IARD Assurances Mutuelle (MMA IARD) to ‘A’ from...
Looking for Profits at Marsh
Nov 18 2007 // MMC’s CEO Cherkasky searches for more insurance commissions The Marsh & McLennan Companies, or MMC, has seen its once dominant position atop the brokerage world assailed by changing conditions, Eliot Spitzer,...
Guy Carp’s New Czech Flood Model
Nov 16 2007 // Guy Carpenter & Company, LLC announced that its Instrat ® unit has introduced a new, fully probabilistic flood model for the Czech Republic. “The model provides insurers with a reliable, high-quality set of...
Guy Carp Makes Europe, Asia Pacific Executive Changes
Nov 13 2007 // Guy Carpenter & Company, LLC has announced a number of key executive appointments to its European and Asia Pacific broking operations. Nick Frankland, formerly CEO of UK Operations, has been appointed to the newly...
Looking for Profits at Marsh
Nov 12 2007 // The Marsh & McLennan Companies, or MMC, has seen its once dominant position atop the brokerage world assailed by changing conditions, Eliot Spitzer, more competition and its own internal restructuring. Although MMC...
Ratings Roundup: MMC (Marsh), American Safety, Stockbridge
Nov 12 2007 // Standard & Poor’s Ratings Services has placed its ‘BBB’/’A-2’ counterparty credit rating on Marsh & McLennan Cos. (MMC) on CreditWatch with negative implications. S&P said it...
Marsh 3d Quarter Disappoints Cherkasky
Nov 8 2007 // In the third quarter for Marsh & McLennan Companies, Inc. (MMC), overall profits were up largely thanks to the sale of Putnam Investments and the consulting services performed well but the mood was dampened by...
Guy Carp Names Facultative Re Practice Leaders
Nov 7 2007 // Guy Carpenter & Company announced that Mark Newman, Hugh Powell and John Trace have been named Co-Leaders of GCFac ®, Guy Carpenter’ s dedicated global facultative reinsurance unit. Britt Newhouse, President of...
Klein to Head Guy Carp’s New Knowledge Management/R&D Group
Nov 6 2007 // Guy Carpenter & Company, LLC, the global risk and reinsurance specialist of the Marsh & McLennan Companies, has announced the appointment of Chris Klein to head its newly formed Business Intelligence...
Guy Carp Publishes Analysis of ‘Systemic Risks;’ Inadequate Reserves
Nov 1 2007 // Guy Carpenter & Company, Marsh & McLennan’s global risk and reinsurance unit, has released a new report: “Guy Carpenter Casualty Reserve Index: Managing the Unknown.” The study presents a...
Guy Carp Partners with WSI Corp. to Assess U.S. Hurricane Risks
Oct 30 2007 // Guy Carpenter & Company, LLC, Marsh & McLennan’s global risk and reinsurance unit, has announced a collaboration with WSI Corporation, a provider of weather-driven business solutions, to “help cedants...
News Currents
Oct 27 2007 // Conn. AG alleges reinsurance antitrust conspiracy drives-up prices A lawsuit against a major reinsurance broker for alleged antitrust activity in Connecticut is being used to raise broader questions about the largely...
MMC Securities Now GC Securities
Oct 18 2007 // Guy Carpenter & Company, LLC announced that it has changed the name of MMC Securities to GC Securities. The announcement described the change as being “in line with its corporate strategies and has expanded its...
Guy Carp Releases Impact Study on Australian Storm
Oct 12 2007 // Guy Carpenter & Company announced that its Instrat(R) unit has published a report on the impact of the powerful East Coast Low (ECL) pressure system that hit New South Wales in Australia between June 7-10, 2007. The...
Rating Recap: Guy Carpenter
Oct 10 2007 // Standard & Poor’s Ratings Services said that the antitrust charges filed by the Connecticut Attorney General against Marsh & McLennan subsidiary Guy Carpenter & Co. L.L.C. will not affect the rating on...
Conn. AG Alleges Reinsurance Antitrust Conspiracy Drives Up Consumer Prices
Oct 9 2007 // A lawsuit against a major reinsurance broker for alleged antitrust activity in Connecticut is being used to raise broader questions about the largely unregulated reinsurance business. Connecticut Attorney General Richard...
Verkaar Joins Guy Carp Benelux
Oct 4 2007 // Guy Carpenter & Co. announced that Berry Verkaar has joined the firm as Senior Vice President – Treaty for the Benelux region. He will be based in Rotterdam and report to Managing Director J. Bruno Bogaerts, and...
Guy Carpenter finds Lloyd’s market at its ‘healthiest in 300 years’
Sep 24 2007 // Findings boast stellar results for London market with Lloyd’s leading the way Guy Carpenter & Co., Marsh’s reinsurance broker and risk management division, has released “The Lloyd’s Market in...
Vitale Joins Guy Carpenter’s Reinsurance Unit
Sep 24 2007 // Joseph Vitale has been named senior vice president of GCFac, Guy Carpenter & Co.’s dedicated facultative reinsurance unit. Based in New York, Vitale will focus on both strategic and tactical operations...
