Latest Marsh McLennan Headlines

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

New York Set to Legalize Professional Mixed Martial Arts

Mar 25 2016 // New York’s Assembly voted 113-25 on March 22 to legalize mixed martial arts, clearing the way for fights late this year and expanding the combat sport into the last state to still prohibit it.New York Gov. Andrew...

2015 Global Insured Losses Lowest Since 2009 Despite El Niño Effects: Carpenter

Mar 25 2016 // One of the strongest El Niño periods on record and a positive phase of the North Atlantic Oscillation were the climate drivers in 2015 that led to an exceptional season of Pacific tropical storms and severe windstorms and...

Business Moves

Mar 21 2016 // Risk Strategies, Lester BrokerageRisk Strategies Co., a privately held, national insurance brokerage and risk management firm based in Boston, has acquired Lester Brokerage, an independent agency in Englewood Cliffs, N.J....

Financial Services Industry Fails to Support Women in Career Progression: Mercer

Mar 9 2016 // The finance industry offers women a lot of work, especially at the entry level. But each rung up the career ladder, they are increasingly winnowed from the business by lagging recruiting, retention and promotion from...

Marsh & McLennan Agency Acquires Celedinas Insurance Group in Florida

Mar 3 2016 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Celedinas Insurance Group, one of Florida’s largest independent agencies. Terms of the transaction were not...

Marsh & McLennan Acquires Missouri-Based Aviation Solutions

Mar 1 2016 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, announced it has acquired Aviation Solutions LLC, an aviation risk advisor and insurance broker based in Lee’s Summit, Mo. Terms of...

P/C Retail, Wholesale Agency 2015 M&A Highlights by Region, State

Feb 10 2016 // When agency consultants at Reagan Consulting hosted more than 150 industry leaders at a workshop on agent/broker mergers and acquisitions (M&A) recently, the mood was upbeat, since brokers are enjoying their best...

P/C Retail, Wholesale Agency M&A Activity Brisk in 2015

Feb 8 2016 // When agency consultants at Reagan Consulting hosted more than 150 industry leaders at a workshop on agent/broker mergers and acquisitions (M&A) recently, the mood was upbeat, since many brokers have continued to enjoy...

Carpenter Appoints Miller-van der Schild as Managing Director of Benelux Unit

Jan 20 2016 // Guy Carpenter & Co. has appointed Susanne Miller-van der Schild as managing director, Guy Carpenter Benelux, effective 1 February.Miller-van der Schild will be responsible for further developing Guy Carpenter’s...

Guy Carpenter Launches EMEA Advisory Council to Support Its Regional Growth

Jan 13 2016 // Guy Carpenter & Co. has established an EMEA Advisory Council to support its growth plans in the region.The council is specifically designed to provide advice and to inform the EMEA regional leadership’s strategy...

Capital Stabilizes, Prices Keep Softening During Jan. 1 Renewals: Guy Carpenter

Jan 6 2016 // Reinsurance capital levels stabilized during the Jan. 1, 2016 renewals – showing no growth for the first time in several years – and prices continued to soften, according to Guy Carpenter & Co.’s global...

Guy Carpenter Appoints Meyenhofer as Head of Global Partners for EMEA

Jan 5 2016 // Guy Carpenter & Co. has appointed of Matthias Meyenhofer as managing director to lead the firm’s Global Partners client segment for EMEA.He will be responsible for improving and expanding the range of services...

Ex-Contractor Wins $20M in Bribery Suit against Louisiana DOTD

Dec 7 2015 // A former contractor has won a $20 million suit he filed against the Louisiana Department of Transportation and Development (DOTD) over a 2007 incident he says cost him his business because he refused to pay a bribe to a...

Business Moves

Dec 7 2015 // Endurance, W. Brown AssociatesEndurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has entered into an exclusive joint underwriting agreement with W....

Marsh & McLennan Agency Acquires Dawson Insurance in North Dakota

Nov 4 2015 // Marsh & McLennan Agency LLC (MMA) has acquired Dawson Insurance Agency, a 98-year-old family-owned agency in Fargo, N.D. Terms of the transaction were not disclosed.Established in 1917, Dawson Insurance provides...

Guy Carpenter Says Wildfire Losses May Exceed $1.75B

Nov 2 2015 // A briefing from Guy Carpenter & Company, LLC in late October shows more than 9 million acres were burned by wildfires so far this year, most of that occurring in the Western U.S, and that insured losses from wildfires...

Guy Carpenter Says Wildfire Losses May Exceed $1.75B

Oct 26 2015 // A briefing from Guy Carpenter & Company, LLC on Monday shows more than 9 million acres were burned by wildfires so far this year, most of that occurring in the Western U.S, and that insured losses from wildfires could...

Guy Carpenter Report Examines Major Emerging Risks Facing Re/Insurers

Sep 16 2015 // A report published by Guy Carpenter & Co., released Sept. 2015, identified four key areas of emerging risk for re/insurers: cyber risk, technology risk, casualty catastrophe and reserving, and life, health and...

Guy Carpenter Execs Discuss Reinsurance Trends at Rendez-Vous Panel

Sep 14 2015 // Challenging market conditions due to abundant capacity, the ongoing influx of new capital and limited loss experience, continue to put pressure on the reinsurance sector, while recent M&A activity is adding a new...

Marsh & McLennan Names Chief Information, Compliance Officers

Sep 10 2015 // Marsh & McLennan Companies Inc. announced the appointment of E. Scott Gilbert as chief information officer. Gilbert, who previously served as Marsh & McLennan Companies’ chief risk and compliance officer,...