All the headlines from our Marsh McLennan Topic Page, ordered by recency.
Oct 17 2001 // OpenFLEX Inc. will provide its Advanced Insurance Management Systems to five insurers in order to raise $500,000 to help the families of fallen colleagues at Aon and Marsh.OpenFLEX Inc. announced it will donate an *AIMS-I...
Oct 15 2001 // Marsh & McLennan Cos. Inc. is forming a new firm, to be called Axis Specialty Ltd., to deal with industry cutbacks in coverage that have occurred since the Sept. 11 attacks. Bermuda-based Axis is being created to...
Oct 8 2001 // Marsh & McLennan Cos. Inc. is forming a new firm to deal with industry cutbacks in coverage that have occurred since the Sept. 11 attacks. The new firm, to be called Axis Specialty Ltd., is being created to capitalize...
Oct 2 2001 // Marsh & McLennan Cos. Inc. is forming a new firm to deal with industry cutbacks in coverage that have occurred since the Sept. 11 attacks.The new firm, to be called Axis Specialty Ltd., is being created to capitalize...
Sep 24 2001 // While the destroyed Twin Towers of the World Trade Center in New York City and surrounding buildings were occupied by a variety of businesses, the insurance industry took a major blow in the Sept. 11 disaster as a number...
Sep 14 2001 // Jeff Greenberg, chairman of Marsh & McLennan Co., issued the following statement yesterday: “Approximately 1,700 of our people – from Marsh, Mercer, Guy Carpenter, Seabury & Smith, and MMC Enterprise...
Jul 26 2001 // According to a new study by Guy Carpenter &. Co. Inc., a leading global reinsurance intermediary, as insurance companies address their ability to manage capital more efficiently to achieve greater profitability,...
Jul 26 2001 // Marsh & McLennan Companies, Inc. (MMC), reported increased revenues and earnings for the quarter ended June 30, 2001.The company stated that consolidated revenues rose 1 percent to $2.5 billion, net income grew 6...
Jul 9 2001 // CGNU, Britain’s largest insurer, is in talks with the French group Mutuelles du Mans Assurances aimed at establishing a partnership arrangement which would strengthen its position in the French life and pension...
Jan 30 2001 // Marsh & McLennan Cos. has reported strong revenue and earnings growth for both the quarter and year ended Dec. 31, 2000. For the year, revenues rose 11 percent to $10.2 billion from $9.2 billion in 1999.Net income...
Dec 28 2000 // Guy Carpenter and Co. has hired Gregory T. Doyle as executive vice president of strategic planning and corporate development. In this new role, he will work with senior management in developing the strategic direction of...
Nov 14 2000 // Guy Carpenter and Company, the reinsurance arm of Marsh Inc. has announced the opening of offices in Bermuda to be headed by Bert Golinski, who “will maintain responsibility for his current US-based and Bermuda...
Nov 13 2000 // Marsh & McLennan Companies (MMC) reported strong revenues and earnings for both the quarter and nine months that ended Sept. 30. For the quarter, MMC’s revenues rose 14 percent to $2.5 billion from $2.2 billion...
Oct 23 2000 // Marsh & McLennan Companies has reported strong revenues and earnings for both the quarter and nine months that ended Sept. 30. For the quarter, MMC’s revenues rose 14 percent to $2.5 billion from $2.2 billion in...
Sep 21 2000 // The pair has filed suit against Mercer and its parent, Marsh & McLennan Cos. Inc, seeking unspecified compensatory and punitive damages. The complaint, filed in Mercer County Superior Court in Trenton, alleges the two...
Sep 14 2000 // Guy Carpenter, the reinsurance arm of Marsh Inc. has just issued a comprehensive 64 page study of the state and prospects for the property/casualty reinsurance market in the year 2000. The report sees an industry in...
Aug 7 2000 // Over the past three weeks, U.S. property/casualty insurers have been busy posting their second-quarter results. With continuing low premium rates and high claims costs, it may look like bad news for the industry as a...
Aug 7 2000 // The “AA-” counterparty credit and senior unsecured debt ratings on Marsh & McLennan Companies (MMC) was affirmed by S&P. Concurrently, MMC”s “A-1+” short-term counterparty credit...
Aug 7 2000 // Over the past three weeks, U.S. property/casualty insurers have been busy posting their second-quarter results. With continuing low premium rates and high claims costs, it may look like bad news for the industry as a...
Jul 26 2000 // Marsh & McLennan Companies is reporting strong revenues and earnings for both the quarter and six months ended June 30. For the quarter, MMC’s revenues rose 11 percent to $2.5 billion. Net income grew 21 percent...