Marsh & McLennan Companies appointed insurance veteran Julio Portalatin as CEO of Mercer, MMC’s human resource consulting subsidiary. His appointment is effective February 1. He will be based in New York and will report to Dan Glaser, group president and …
Standard & Poor’s Ratings Services has revised its outlook on Marsh & McLennan Cos. to stable from negative, and has affirmed its ‘BBB-‘ long-term and ‘A-3’ short-term counterparty credit ratings on the company. “The outlook revision reflects our improved view …
Marsh & McLennan Companies reported $130 million for third-quarter net profit, down 23 percent from $168 million reported during the same period last year. But profit from continuing operations was up 4 percent as the firm continued to boost business …
Global insurance broker Marsh held a webcast on Sept. 21, where the firm’s analysts shared their views on the current business environment including the effects of Hurricane Irene and other catastrophes. The broker also offered an array of advice for …
Global insurance broker Marsh has appointed Bill Pieroni to the role of chief operating officer, effective Sept. 19. Pieroni comes from State Farm where he served as senior vice president. In his new role at Marsh, he will be responsible …
