All the headlines from our Marsh McLennan Topic Page, ordered by recency.
Dec 23 2007 // The debate over climate change captured the world’s attention, including the insurance industry’s, in 2007, while major hurricanes spared the United States’ coastline. The soft market took hold of...
Dec 14 2007 // Guy Carpenter & Company, LLC has published “Wrong Type of Rain: Impact and Implications of 2007 UK Floods,” an in-depth analysis on the extensive flooding that caused severe damage in north-eastern England...
Dec 6 2007 // Standard & Poor’s Ratings Services has lowered its counterparty credit rating on Marsh & McLennan Cos. (MMC) to ‘BBB-‘ from ‘BBB’ as well as its short-term debt rating on MMC to...
Dec 5 2007 // Guy Carpenter & Company announced the appointment of Carlos Abrantes as Senior Vice President of Iberian operations. He will be based in Lisbon, and will be responsible for developing the firm’s Portuguese...
Dec 3 2007 // Marsh & McLennan Companies, Inc. has named Daniel S. Glaser, an AIG executive who began his career as a Marsh broker, as chairman and chief executive officer of its insurance broker, Marsh Inc.Glaser currently serves...
Nov 21 2007 // Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on France-based insurer MMA IARD Assurances Mutuelle (MMA IARD) to ‘A’ from...
Nov 18 2007 // The Marsh & McLennan Companies, or MMC, has seen its once dominant position atop the brokerage world assailed by changing conditions, Eliot Spitzer, more competition and its own internal restructuring.Although MMC...
Nov 16 2007 // Guy Carpenter & Company, LLC announced that its Instrat ® unit has introduced a new, fully probabilistic flood model for the Czech Republic. “The model provides insurers with a reliable, high-quality set of...
Nov 13 2007 // Guy Carpenter & Company, LLC has announced a number of key executive appointments to its European and Asia Pacific broking operations.Nick Frankland, formerly CEO of UK Operations, has been appointed to the newly...
Nov 12 2007 // The Marsh & McLennan Companies, or MMC, has seen its once dominant position atop the brokerage world assailed by changing conditions, Eliot Spitzer, more competition and its own internal restructuring.Although MMC...
Nov 12 2007 // Standard & Poor’s Ratings Services has placed its ‘BBB’/’A-2’ counterparty credit rating on Marsh & McLennan Cos. (MMC) on CreditWatch with negative implications. S&P said it...
Nov 8 2007 // In the third quarter for Marsh & McLennan Companies, Inc. (MMC), overall profits were up largely thanks to the sale of Putnam Investments and the consulting services performed well but the mood was dampened by...
Nov 7 2007 // Guy Carpenter & Company announced that Mark Newman, Hugh Powell and John Trace have been named Co-Leaders of GCFac ®, Guy Carpenter’ s dedicated global facultative reinsurance unit. Britt Newhouse, President of...
Nov 6 2007 // Guy Carpenter & Company, LLC, the global risk and reinsurance specialist of the Marsh & McLennan Companies, has announced the appointment of Chris Klein to head its newly formed Business Intelligence...
Nov 1 2007 // Guy Carpenter & Company, Marsh & McLennan’s global risk and reinsurance unit, has released a new report: “Guy Carpenter Casualty Reserve Index: Managing the Unknown.” The study presents a...
Oct 30 2007 // Guy Carpenter & Company, LLC, Marsh & McLennan’s global risk and reinsurance unit, has announced a collaboration with WSI Corporation, a provider of weather-driven business solutions, to “help cedants...
Oct 27 2007 // Conn. AG alleges reinsurance antitrust conspiracy drives-up pricesA lawsuit against a major reinsurance broker for alleged antitrust activity in Connecticut is being used to raise broader questions about the largely...
Oct 18 2007 // Guy Carpenter & Company, LLC announced that it has changed the name of MMC Securities to GC Securities. The announcement described the change as being “in line with its corporate strategies and has expanded its...
Oct 12 2007 // Guy Carpenter & Company announced that its Instrat(R) unit has published a report on the impact of the powerful East Coast Low (ECL) pressure system that hit New South Wales in Australia between June 7-10, 2007.The...
Oct 10 2007 // Standard & Poor’s Ratings Services said that the antitrust charges filed by the Connecticut Attorney General against Marsh & McLennan subsidiary Guy Carpenter & Co. L.L.C. will not affect the rating on...