All the headlines from our Marsh McLennan Topic Page, ordered by recency.
May 26 2015 // Reinsurance specialist Guy Carpenter & Co. has appointed of Britt Newhouse, chairman, to the additional role of interim CEO of U.S. Operations. This appointment is effective immediately.At the same time, the firm...
May 7 2015 // Marsh & McLennan Companies Inc. announced that Peter Zaffino, president and CEO of Marsh, has been appointed chairman of the company’s Risk & Insurance Services segment, which includes Marsh and Guy...
Apr 27 2015 // Guy Carpenter & Company announced a new digital strategy, unveiling an innovative platform – GC Exchange℠ and its suite of electronic solutions, including GC MarketPlace℠ and GCReBID℠.Underlying the strategy is...
Apr 20 2015 // Guy Carpenter has announced the launch of its Public Sector Specialty Practice, utilizing a global team focused exclusively on the unique risk management needs of governmental agencies and entities.“Approximately 73...
Apr 20 2015 // American International Group Inc.named Gaurav D. Garg as chief executive officer, Personal Insurance. The appointment marks the return of Garg to AIG, where he held various personal insurance roles for 12 years before...
Apr 16 2015 // Guy Carpenter launched its G-CAT® Canada Flood Model, which it describes as the first ever probabilistic flood model for Canada that enables insurers to assess their exposure to flood, Canada’s most frequently...
Apr 1 2015 // American International Group Inc. has named Gaurav D. Garg as chief executive officer, Personal Insurance. The appointment marks the return of Garg to AIG, where he held various personal insurance roles for 12 years before...
Mar 23 2015 // Guy Carpenter’s new scenario risk report for the Asia-Pacific region predicts the greatest tsunami risk in the area lies in Taiwan.The report, titled “Tsunami Risk from Magnitude 9.4 Earthquake in Manila...
Mar 23 2015 // Insurance Journal reported on more than 200 deals involving agencies’ or brokerages’ mergers and acquisitions in 2014. Activity was busiest in the first and fourth quarters, with more than 60 announcements...
Feb 26 2015 // Insured losses in 2014 were at the lowest level seen since 2009, according to Guy Carpenter’s annual Global Catastrophe Review.The report says that significant insured losses in 2014 totaled approximately USD33...
Feb 20 2015 // The drive from Ken Mercer’s home in Tennessee to the oil fields of western North Dakota takes 20 hours if you drive straight through.Every month, Mercer, an Army veteran who served in Iraq, would make the trip as...
Feb 19 2015 // Guy Carpenter has appointed Matthew Eagle as managing director and head of international analytics.Eagle will be joining Guy Carpenter’s London office on August 1, following the end of his notice period. In his role...
Feb 12 2015 // Guy Carpenter has provided an answer to a rarely asked question, but one which increasingly affects insurers and reinsurers: namely, what’s involved in a collateralized reinsurance transaction?Guy Carp explained that...
Jan 23 2015 // A group of global insurance companies and brokers took advantage of the World Economic Forum meeting in Davos to announce that they have established a micro insurance consortium and micro insurance venture incubator...
Jan 7 2015 // Guy Carpenter & Company reports reinsurance pricing fell at the January 1, 2015 renewals in many segments, affecting almost all lines of business and geographies, continuing recent renewal trends.According to Guy...
Dec 10 2014 // The “casualty catastrophe” is perhaps the most daunting threat that casualty (re)insurers face today, according to GCCapitalIdeas.com, Guy Carpenter’s thought-leadership blog.Casualty (or liability based)...
Nov 12 2014 // Cyber attacks and terrorism are ranked among the top emerging risks concerning the (re)insurance industry in the year ahead, according to a survey released by Guy Carpenter & Co.According to the findings, new products,...
Nov 7 2014 // Marsh & McLennan Agency LLC has acquired NuWest Insurance Services Inc., an Irvine, Calif.-based property/casualty agency. NuWest generates roughly $2.4 million in revenue and specializes in providing P/C insurance...
Oct 20 2014 // Retail insurance broker EPIC (Edgewood Partners Insurance Center) has hired former Integro President and CEO Peter Garvey as chief operating officer based in New York.In this newly created position, Garvey will be...
Oct 7 2014 // Reinsurance specialist Guy Carpenter & Co. is launching a new cyber privacy and network protection product with Ridge Insurance Solutions Co., a new Lloyd’s managing agency led by Tom Ridge, former U.S. secretary...