Latest Marsh McLennan Headlines

All the headlines from our Marsh McLennan Topic Page, ordered by recency.

Guy Carpenter to Acquire Athens-Based Reinsurance Broker Carpenter Turner

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...

People Moves: Brit Names Guy Carpenter’s Stephenson to Lead Bermuda Expansion; HDI Global Taps Geis From Allianz as Managing Director for Germany

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...

Guy Carpenter: ‘Kitty Cat’ CrowdStrike Outage to Cause $300M-$1B in Insured Losses

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...

Guy Carpenter: ‘Kitty Cat’ CrowdStrike Outage to Cause $300M-$1B in Insured Losses

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...

Marsh McLennan Unit Mercer to Buy UK Pension Fund Manager Cardano

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...

Company Linked to MMA Law Firm Still Paid by Florida; Case Highlights Issue with AOBs

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...

People Moves: Guy Carpenter Names Wolfe Chief Commercial Officer, N. A.; Verisk Forms Claims Advisory Board; Chamberlain to Lead DUAL Specialty Healthcare

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...

Former MMA Attorney Suspended; Texas Judge Approves Temporary Restraining Order Against Law Firm

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...

Marsh & McLennan Finalizes Delisting From London Stock Exchange

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...

Marsh & McLennan Cos. Intends to Delist From London Stock Exchange

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...

Marsh McLennan Names Tomlinson President, Future CEO of Mercer

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...

Guy Carpenter Names Enoizi CEO of Europe

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...

Diverging Cyber Cat Model Results Challenge Underwriters’ Risk Analysis: Guy Carpenter

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...

Attorneys in MMA Case Argue Punishment Disproportionate, Seek Fair Treatment

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...

La. Insurers Ordered to Still Communicate With MMA Policyholders

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...

Diverging Cyber Cat Model Results Challenge Underwriters’ Risk Analysis: Guy Carpenter

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...

Guy Carpenter Completes Acquisition of Re Solutions in Israel

Jul 3 2023 // Guy Carpenter, the reinsurance business of Marsh McLennan, announced it had completed its previously announced acquisition of Re Solutions, the leading independent reinsurance broker in Israel.Terms of the transaction were...

People Moves: BMS Re Names O’Brien as VP in Bermuda; Guy Carpenter Appoints Howden Tiger’s Warwick as Head of GC Access Asia Pacific

Jun 22 2023 // This edition of International People Moves details appointments at reinsurance brokers BMS Re and Guy Carpenter.A summary of these new hires follows here. BMS Re Names O’Brien as VP in BermudaBMS Re, the specialty...

People Moves: Guy Carpenter Expands Cyber Team

Jun 14 2023 // Guy Carpenter has appointed Matthew McCabe as managing director of cyber broking, based in New York. McCabe rejoins Marsh McLennan from Kivu Consulting, where he was general counsel and risk officer. Previously, he was a...

People Moves: Guy Carpenter Expands Cyber Team With Key Appointments; Aspen Appoints AXA XL’s Welch as Chief Underwriting Officer, Reinsurance

Jun 13 2023 // This edition of International People Moves details appointments at Guy Carpenter and Aspen Insurance Holdings.A summary of these new hires follows here. Guy Carpenter Expands Cyber Team With Key Appointments to Global...