All the headlines from our Marsh McLennan Topic Page, ordered by recency.
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...
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...
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...
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,...
Sep 7 2015 // Distinguished, FulcrumDistinguished Programs Holdings LLC announced the pending acquisition of Bellevue, Wash.-based Fulcrum Insurance Programs. The businesses will be combined and rebranded as Distinguished Specialty....
Sep 4 2015 // The two massive explosions which hit China’s Port of Tianjin last month could generate insurance losses of up $3.3 billion, according to a report published by Guy Carpenter.The report estimates damages between $1.6...
Aug 17 2015 // Regions, Holehouse AgencyRegions Insurance Inc., an affiliate of Regions Bank, has entered into an agreement with the Ronald F. Holehouse Agency to obtain the firm’s personnel and accounts. Agency founder Ron...
Aug 11 2015 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Tequesta Insurance Advisors, a personal, commercial, and employee benefits insurance provider in Florida. Terms of the...
Aug 3 2015 // Marsh & McLennan Agency LLC (MMA) has acquired Cline Wood Agency, a suburban Kansas City-based independent specialty insurance agency.Terms of the transaction were not disclosed. Founded in 1984, Cline Wood specializes...
Jul 29 2015 // Recent merger deals in the insurance industry among its competitors and carrier partners should not hurt Marsh & McLennan (MMC) and could instead make its insurance and reinsurance advisory services even more...
Jul 29 2015 // Marsh & McLennan Cos., the largest insurance broker by market value, is seeking ways to cut tax obligations as rivals shift to Europe, where rates are lower.“The search for tax efficiency for us started several...
Jul 20 2015 // Alliant, Preferred ConceptsSpecialty insurance brokerage Alliant Insurance Services has expanded its managing general agent (MGA) practice through the acquisition of Preferred Concepts, an insurance program underwriter and...
Jul 17 2015 // El Niño years bring disruptive weather, such as floods and drought, but have an added benefit of leading to fewer than average tropical cyclone landfalls, according to predictions issued by the Guy Carpenter Asia-Pacific...
Jul 8 2015 // Marsh & McLennan Agency LLC*, a subsidiary of Marsh, has acquired Vézina, a Montreal, Quebec-based independent insurance brokerage firm.The acquisition includes the property/casualty brokerage division Vézina...
Jul 2 2015 // Marsh & McLennan Agency LLC (MMA), a subsidiary of Marsh, has acquired St. Louis, Mo.-based J.W. Terrill, one of the largest independent agencies in the Midwest. Terms of the transaction were not disclosed.This...
Jul 1 2015 // Guy Carpenter & Company, LLC, has reported that “after two years of price decreases averaging 15 percent on U.S. property catastrophe placements, risk-adjusted pricing moderated at the most recent June...
Jun 18 2015 // This is the second of a two-part column on green bonds.The first installment focused on bond sales.Australian carrier QBE Insurance Group Ltd. has invested $190 million Australian Dollars ($148.42 million) in four green...
Jun 12 2015 // In his address to the MMC Young Professionals Global Forum 2015 Stephen Catlin, Executive deputy chairman of XL Group, urged young insurance professionals to demonstrate “courage, determination and conviction”...
Jun 11 2015 // Guy Carpenter & Company announced that Paul Summers will be joining the company as managing director and head of International Facultative Reinsurance, following completion of his current contractual notice period.He...
Jun 5 2015 // After two years of price decreases averaging 15 percent on U.S. property catastrophe placements, risk-adjusted pricing moderated at the most recent June renewals.Reinsurance broker Guy Carpenter & Co. reported that the...