Latest Marsh McLennan Headlines
All the headlines from our Marsh McLennan Topic Page, ordered by recency.
Guy Carpenter & Company Releases Study of Property Catastrophe Reinsurance Market
Sep 12 2005 // Guy Carpenter & Company Inc., a global risk and reinsurance specialist and a part of the Marsh & McLennan Companies has released its annual, comprehensive study of the property catastrophe reinsurance market, The...
MMC Names Storms Chairman, CEO of Marsh; Caulfield Appointed at MHRC
Sep 9 2005 // Michael Cherkasky, president and chief executive officer of Marsh & McLennan Companies Inc. (MMC), announced that Brian Storms has been named chairman and chief executive officer of Marsh Inc., its risk and insurance...
Snyder Joins Guy Carpenter
Sep 7 2005 // Guy Carpenter & Company Inc., a global risk and reinsurance specialist and a part of the Marsh & McLennan Companies, announced that Jack Snyder has joined the company as a managing director and manager of...
Marsh CFO Resigning in March
Aug 22 2005 // Marsh & McLennan Cos. reported on Monday that Chief Financial Officer Sandra Wijnberg will relinquish her role with the company in March. Wijnberg joined Marsh & McLennan in January 2000 and assisted the company...
Guy Carpenter Names Spiller as New President Effective Jan. 1, 2006
Aug 15 2005 // Guy Carpenter & Company Inc., a global risk and reinsurance specialist and a part of the Marsh & McLennan Companies, has appointed David Spiller as its new president, effective Jan. 1, 2006. Most recently,...
Marsh Unveils Q2 Report
Aug 2 2005 // Marsh & McLennan Companies Inc. (MMC) has reported financial results for the second quarter and six months ended June 30, 2005. Consolidated revenues for the quarter increased 2 percent to $3.1 billion. Net income was...
Ohio AG Says Customers Need More Time, Info to Evaluate Marsh Settlement
Jul 19 2005 // Ohio Attorney General Jim Petro has told New York-based insurance broker Marsh & McLennan Companies Inc. that policyholders in Ohio harmed by the company’s alleged anticompetitive activities deserve more time...
News Briefs
Jul 4 2005 // MASSACHUSETTS Romney Would Require Insurance: Gov. Mitt Romney would require every person in the state to have health insurance under his plan for universal health coverage, which he has dubbed the Safety Net Care...
MARSH WON’T SELL BUSINESS UNITS:
Jul 4 2005 // Marsh & McLennan Companies will not sell any of its various businesses, the company announced after completing a strategic review of its options. Michael G. Cherkasky, president and chief executive officer of Marsh...
Marsh Names Sinnott Vice Chairman
Jun 30 2005 // Marsh & McLennan Companies Inc. (MMC) announced that John Sinnott has been named a vice chairman of MMC, Office of the CEO, effective July 1, 2005. He joins MMC International chairman Mathis Cabiallavetta as a vice...
Marsh Decides to Keep Businesses
Jun 13 2005 // Marsh & McLennan Companies will not sell any of its various businesses, the company announced after completing a strategic review of its options. Michael G. Cherkasky, president and chief executive officer of Marsh...
Marsh Exploring Options for Wholesalers Crump and Price Forbes
May 26 2005 // Marsh Inc., a leading risk and insurance services firm, announced that it has retained Banc of America Securities LLC to act as its financial advisor to explore strategic alternatives for its wholesale broking operations,...
Marsh & McLennan to Reprice Some Employees’ Stock Options Hurt by Probes
May 23 2005 // Shareholders of Marsh & McLennan Companies Inc. last week approved a plan to replace some of the stock options for employees hurt by the sharp fall in the company’s stock. Marsh & McLennan, the...
News Briefs
May 23 2005 // MASSACHUSETTS Safe Driver Plan Revised: Massachusetts Insurance Commissioner Julie M. Bowler has approved changes in the way drivers receive discounts and surcharges to their auto insurance policies based on their driving...
News Briefs
May 23 2005 // MASSACHUSETTS Safe Driver Plan Revised: Massachusetts Insurance Commissioner Julie M. Bowler has approved changes in the way drivers receive discounts and surcharges to their auto insurance policies based on their driving...
Best: Mercer Group Ratings Remain Unchanged Following FPIG Purchase
May 6 2005 // A.M. Best Co. reported that the financial strength rating of A (Excellent) and the stable rating outlook on the subsidiaries of New Jersey-based Mercer Insurance Group Inc. (MIGP) remain unchanged following the...
Guy Carpenter Will Disclose Compensation for Facultative Placements Worldwide
May 5 2005 // Guy Carpenter & Company Inc. announced that its policy regarding disclosure of compensation to clients has been extended to include facultative placements worldwide. Previously, Guy Carpenter announced its commitment...
Guy Carpenter Publishes Specialty Program Survey
May 3 2005 // Guy Carpenter & Company Inc., a global risk and reinsurance specialist and a part of the Marsh & McLennan Companies, has announced the results of its premier survey of domestic insurance companies that write a...
MMC Unveils Q1 Numbers; Cherkasky: Steps Taken to Make Us Stronger
May 3 2005 // Marsh & McLennan Companies Inc. (MMC) on Tuesday reported financial results for the quarter ended March 31, 2005. Consolidated revenues totaled $3.2 billion, and net income was $134 million, or $.25 per share. These...
N.J.’s Mercer to Purchase Calif.’s Financial Pacific
May 2 2005 // Mercer Insurance Group Inc. and Financial Pacific Insurance Group Inc. jointly announced that they have signed a plan of merger for Mercer to acquire all the outstanding stock of Financial Pacific for approximately $40.4...
