February 11, 2014
Marsh & McLennan Cos. reported $303 million in net income for its 2013 fourth quarter, up 17 percent from $259 million posted during the prior-year fourth quarter. The full year 2013 net income was $1.4 billion, up nearly 17 percent …
January 8, 2014
Zachary W. Carter, who was tapped by New York City Mayor Bill de Blasio to become the city’s corporation counsel, will leave his board director seat at Marsh & McLennan Cos. Carter, a partner at law firm of Dorsey & …
December 3, 2013
Marsh & McLennan Cos. promoted Scott McDonald to be the new head of its Oliver Wyman Group subsidiary. McDonald, who has been serving as president of Oliver Wyman, a management consulting firm within the Oliver Wyman Group subsidiary, will become …
November 6, 2013
Marsh & McLennan Cos. (MMC) reported today its 2013 third quarter net income of $253 million, a 4.98 percent increase from $241 million income reported during the same period a year ago. MMC’s consolidated revenue in the third quarter was …
October 2, 2013
Guy Carpenter & Co., a global risk and reinsurance intermediary specialist and member of Marsh & McLennan Cos., announced the launch of its new Excess & Surplus Lines Specialty Practice. Guy Carpenter said the new unit will focus on the …
September 26, 2013
David Rix will rejoin Marsh as head of its Portland, Ore. office. The move is effective on Oct. 7. Rix will be responsible for the overall growth and profitability of the office. Rix rejoins Marsh from Willis, where he spent …
February 12, 2013
Marsh & McLennan Cos. Inc. reported this morning $259 million for the 2012 fourth quarter net income attributable to the company, a 1.2 percent increase from $256 million income reported during the fourth quarter of 2011. The full-year profit showed …
January 4, 2013
Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., has acquired Liscomb Hood Mason Co., a $2.2 million revenue agency based in Duluth, Minn. With roots dating back to 1927, Liscomb Hood Mason offers a wide …