All the headlines from our Marsh McLennan Topic Page, ordered by recency.
Aug 5 2009 // Marsh & McLennan Cos. Inc. , the No. 2 global insurance broker, posted quarterly results in line with expectations on Wednesday and forecast improved profitability for its brokerage business, sending its shares up 4.3...
Jul 13 2009 // Guy Carpenter & Company, LLC announced that it has named Chris McKeown as Chief Executive Officer of Global Analytical and Specialty Practices. He will be responsible for Guy Carpenter’s Instrat® modeling...
Jul 2 2009 // Guy Carpenter & Company announced that it has named Henry Keeling as President & Chief Executive Officer of International Operations, effective August 1, 2009.He will also chair Guy Carpenter’s...
Jul 1 2009 // Upward pressure on property/catastrophe reinsurance rates in the U.S. eased at the July 1, 2009 renewal, as capacity in the market remained sufficient without being abundant, according to a briefing published today by Guy...
Jun 25 2009 // A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of Plymouth Rock Assurance Group...
Jun 1 2009 // Florida property/catastrophe reinsurance rates increased by 15 percent at the June 1, 2009, renewal, compared to a decline of 15 percent a year ago, according to reinsurance specialist Guy Carpenter & Co.In a new...
May 18 2009 // Marsh & McLennan Cos. Inc. has agreed to pay $2.4 million to the state of Connecticut to settle claims of bid-rigging, price-fixing and receiving kickbacks.State Attorney General Richard Blumenthal says the deal...
May 8 2009 // Marsh & McLennan Cos. Inc., the New York-based insurance broker and consulting firm, has agreed to pay $2.4 million to the state of Connecticut to settle claims of bid rigging, price fixing and receiving...
May 4 2009 // Farmers, American International Group (AIG), 21st Century Insurance Co.Los Angeles-based the Farmers Insurance Group of Companies announced it will acquire American International Group’s (AIG’s) Personal Auto...
Apr 21 2009 // New York-based brokerage Marsh & McLennan Cos. (MMC) has named William Krivoshik as chief information officer and senior vice president for the firm, effective immediately. In the newly created position, Krivoshik...
Apr 15 2009 // “The catastrophe bond market is weathering the effects of the global financial downturn while maintaining a strong issuance pipeline for the remainder of 2009,” according to a briefing published on...
Apr 14 2009 // The Boston office of risk and reinsurance specialists Guy Carpenter & Co. has appointed five new five new senior brokers.Kathleen McCann has been named managing director. She joins Guy Carpenter from Aon Benfield,...
Apr 9 2009 // Guy Carpenter & Co. LLC completed the previously announced acquisition of John B. Collins Associates Inc.The acquisition of Collins, the fifth largest reinsurance intermediary in the United States and seventh largest...
Apr 7 2009 // A new industry briefing shows reinsurance rates continuing to increase for the U.S. property-catastrophe reinsurance market for April 1, 2009 renewals.According to Guy Carpenter & Co.’s “Rates Up on...
Apr 6 2009 // Marsh & McLennan Cos. paid out more than $33 million in compensation to its two chief executives that oversaw the company in 2008, according to an Associated Press calculation of figures disclosed in a regulatory...
Mar 23 2009 // BrickStreet MutualWorkers’ compensation insurer BrickStreet Mutual Insurance Co. wants to expand into Kentucky, Virginia, Alabama, Pennsylvania and Illinois. President and Chief Executive Officer Greg Burton says the...
Mar 9 2009 // MarshMarsh & McLennan Companies Inc., the No. 2 global insurance broker, said the 2008 restructuring at Marsh Inc., its flagship insurance brokerage unit, was on track to generate annual savings of $200 million, and...
Mar 9 2009 // MarshMarsh & McLennan Companies Inc., the No. 2 global insurance broker, said the 2008 restructuring at Marsh Inc., its flagship insurance brokerage unit, was on track to generate annual savings of $200 million, and...
Mar 2 2009 // Guy Carpenter Co., a leading risk and reinsurance specialist, has agreed to acquire John B. Collins Associates, Inc., a privately-held company and the seventh largest reinsurance intermediary in the world.Guy Carpenter...
Feb 12 2009 // Marsh & McLennan Cos Inc , the No. 2 global insurance broker, reported better-than-expected fourth-quarter earnings, helped by lower costs, and forecast higher profits in 2009, sending its shares up 16 percent.The...