All the headlines from our Marsh McLennan Topic Page, ordered by recency.
Jan 7 2025 // Insurance brokers Aon plc, Guy Carpenter and WTW announced they each have completed previously announced mergers and acquisitions.Aon’s acquisition of Griffiths & Armour, which was first announced in November...
Jan 6 2025 // Guy Carpenter reports that average global and regional property catastrophe rates-on-line decreased during the January 2025 renewals in amounts ranging from 5.3% to 7.2%.Guy Carpenter defines rate on line (ROL) as the cost...
Dec 30 2024 // Global reinsurers’ appetite rose for property catastrophe during the upcoming January renewals, which have seen risk-adjusted reinsurance rate reductions of 5%-15% for loss-free accounts, according to a renewal...
Dec 12 2024 // Guy Carpenter said it is starting a research project to explore the use of parametric insurance solutions in California and Florida for wildfire and hurricane risks.The effort will focus on the use of a...
Nov 19 2024 // Guy Carpenter, the reinsurance specialist and a business of Marsh McLennan, announced it has entered into an agreement to acquire the remaining 51.5% of shares of Carpenter Turner, an Athens-based regional leader in the...
Sep 5 2024 // This edition of International People Moves details appointments at Brit Ltd. in Bermuda and HDI Global in Germany.A summary of these new hires follows here. Brit Names Guy Carpenter’s Stephenson to Lead Bermuda...
Aug 19 2024 // Due to the limited amount of impacted companies with insurance and the deployment of a quick fix to mitigate losses, Guy Carpenter said the insured losses from the CrowdStrike outage is likely between $300 million and $1...
Aug 2 2024 // Due to the limited amount of impacted companies with insurance and the deployment of a quick fix to mitigate losses, Guy Carpenter said the insured losses from the CrowdStrike outage is likely between $300 million and $1...
Jun 12 2024 // Insurance brokerage firm Marsh McLennan’s unit Mercer has agreed to buy Cardano, a London-based pension fund manager that oversees $66 billion of assets, to widen its foothold in the UK market.The deal, unveiled on...
Feb 27 2024 // The continuing saga of the Houston-based plaintiffs’ law firm of McClenny Moseley & Associates, suspended and sanctioned for flooding courts with erroneous lawsuits against property insurers in Louisiana, has...
Jan 17 2024 // Guy Carpenter appointed Keith Wolfe to the newly created role of chief commercial officer, North America, effective immediately.Wolfe joins Guy Carpenter after 27 years with Swiss Re and its predecessor companies, where he...
Jan 3 2024 // A former attorney for McClenny Moseley & Associates, who was accused of dishonesty while participating in his law firm’s filing of hundreds of hurricane-damage lawsuits, agreed last month to a nine-month...
Nov 28 2023 // Marsh & McLennan Companies Inc. has delisted and canceled trading from the London Stock Exchange, further to its announcement made on Oct. 27, 2023.The delisting was finalized at 8:00 a.m. (GMT) on Nov. 27, 2023. The...
Oct 30 2023 // Marsh & McLennan Companies Inc. gave notice of its intention to delist from the London Stock Exchange.Marsh & McLennan explained the action by saying that the majority of trading in the company’s securities...
Oct 12 2023 // Effective today, Pat Tomlinson has been named president of Marsh McLennan’s Mercer, and will succeed Mercer CEO Martine Ferland upon her retirement March 31, 2024.In the meantime, as president, Tomlinson will report...
Sep 5 2023 // Guy Carpenter, the reinsurance business of Marsh McLennan, announced the appointment of Julian Enoizi as CEO of Guy Carpenter Europe effective immediately. Enoizi will be based in Europe and report to Laurent Rousseau, CEO...
Sep 4 2023 // Significant progress has been made in advancing vendors’ cyber catastrophe models, but a notable degree of variability exists across model outputs, which can pose a challenge to insurance and reinsurance companies as...
Aug 10 2023 // Three former attorneys for the McClenny Moseley & Associates are urging a judge to lift a nine-month suspension that bars them from practicing in the federal Western District of Louisiana and pin blame for the law...
Aug 7 2023 // A day after the Louisiana Supreme Court announced that it is lifting a stay on hurricane-damage lawsuits filed by McClenny Moseley & Associates, Insurance Commissioner James Donelon in late July issued a directive...
Aug 1 2023 // Significant progress has been made in advancing vendor’s cyber catastrophe models, but a notable degree of variability exists across model outputs, which can pose a challenge to insurance and reinsurance companies as...