All the headlines from our Marsh McLennan Topic Page, ordered by recency.
May 25 2004 // The role of reinsurance brokers has evolved well beyond the basic placement and relationship responsibilities of 25 years ago and will continue to evolve into new areas, according to the chief executive officer of Guy...
May 20 2004 // Major acquisition announcements inevitably trigger a lot of fallout – very like the effect of throwing a large rock into a still pond. The ripples spread out over the pond’s surface. MMC’s announcement...
May 19 2004 // Marsh & McLennan Companies, Inc. (MMC) and Kroll Inc. have announced that MMC will acquire Kroll, the world’s leading risk mitigation services firm, in a move that will “broaden significantly the range of...
Apr 27 2004 // According to findings from a new joint study by Guy Carpenter & Company, Inc. and MMC Securities Corp., the catastrophe bond market experienced substantial growth in 2003, as cat bonds remained an important complement...
Apr 22 2004 // Marsh & McLennan Companies, Inc. reported financial results for the quarter ended March 31, 2004. Consolidated revenues increased 13 percent to $3.2 billion from $2.9 billion in the first quarter of 2003. Net income...
Apr 14 2004 // Fitch Ratings has affirmed the ‘A+’ senior debt rating and ‘F1’ short-term rating of Marsh & McLennan Companies Inc. (MMC). The senior debt rating has been removed from Rating Watch Negative...
Mar 22 2004 // Marsh & McLennan Companies Inc. approved the addition of Zachary W. Carter to the slate of nominees for the board of directors of MMC. MMC shareholders will be asked to elect Carter to the board at the company’s...
Feb 12 2004 // In response to insurance companies’ reported need for more effective tools to manage their Directors & Officers Liability Insurance (D&O) portfolios for U.S. publicly traded companies, Guy Carpenter &...
Jan 28 2004 // Marsh & McLennan Companies, Inc. (MMC) reported financial results for the quarter and year ended Dec. 31, 2003.Consolidated revenues in the fourth quarter increased 15 percent to $3 billion. Net income grew 21 percent...
Jan 14 2004 // In a recent study of the reinsurance marketplace by Flaspohler Research Group, U.S. ceding companies, which include the world’s largest property and casualty companies, have ranked Guy Carpenter & Company, Inc....
Dec 30 2003 // Guy Carpenter & Company, Inc., a leading global risk and reinsurance specialist, announced the appointment of David Lightfoot as Managing Director of Instrat Non-Americas.“In this newly created position, Mr....
Dec 17 2003 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of the Mercer Insurance Group (Pennington, N.J.). The rating outlook is stable.The rating reflects the group’s strong capitalization, solid...
Nov 20 2003 // Guy Carpenter & Company, Inc. announced the development of a proprietary analytical tool in response to insurance companies’ growing use of quota shares and surplus/trust preferred notes to manage their capital...
Nov 5 2003 // Standard & Poor’s Rating Services reported that it revised its outlook on Marsh & McLennan Cos. (MMC) to negative from stable and affirmed its ‘AA-/A-1+’ counterparty credit rating on the...
Oct 21 2003 // Marsh & McLennan Companies, Inc. (MMC) reported financial results for the quarter and nine months ended Sept. 30.Consolidated revenues for the quarter increased 11 percent to $2.8 billion. Net income rose 19 percent...
Oct 14 2003 // New Jersey’s Borden Perlman agency recently celebrated the seventh anniversary of their successful merger, completed in 1996.The firm has offices in Lawrenceville and Trenton specializing in a broad range of P/C...
Sep 5 2003 // Bermuda’s XL Capital Ltd announced that it has completed the purchase, through a subsidiary, of the remaining 33% of Le Mans Ré held by Les Mutuelles du Mans Assurances Group (“MMA”). XL and MMA formed...
Aug 4 2003 // Standard & Poor’s Ratings Services said that it had affirmed its ‘A-‘ insurer financial strength and long-term counterparty credit ratings on France-based property-casualty insurer Les Mutuelles du...
Jul 23 2003 // Marsh & McLennan Companies, Inc. (MMC) reported financial results for the quarter and six months ended June 30, 2003.Consolidated revenues for the quarter increased 10 percent to $2.9 billion from $2.6 billion in the...
Jan 24 2003 // Guy Carpenter &. Company Inc. announced that Robert Bentley has been named regional manager of Broking Operations for the US Western Region at Guy Carpenter, which includes offices in Seattle, San Francisco, and Los...