All the headlines from our Marsh McLennan Topic Page, ordered by recency.
Nov 9 2018 // Commercial auto insurance hasn’t produced an industrywide combined ratio below 105 in the United States since 2010, according to a Guy Carpenter analysis, which says the line’s poor performance is a key factor...
Nov 7 2018 // Marsh & McLennan Cos. Inc. announced that its £4.3 billion ($5.6 billion) acquisition of broker Jardine Lloyd Thompson Group plc has been approved by JLT’s shareholders.Of those shares voted, 99.9 percent voted...
Nov 5 2018 // Property/casualty insurers’ operating environment today is very different than just a few short years ago.Lines that were stable are now volatile and those that have struggled are looking profitable, reinsurance...
Nov 2 2018 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has appointed Moroni Rodrigues chief financial officer for the Southwest Region.Rodrigues will oversee the finance, treasury and...
Oct 29 2018 // Property/casualty insurers’ operating environment today is very different than just a few short years ago.Lines that were stable are now volatile and those that have struggled are looking profitable, reinsurance...
Oct 25 2018 // Global insurance, risk and consulting firm Marsh & McLennan Companies (MMC) reported consolidated revenue in the third quarter of 2018 was $3.5 billion, an increase of 5 percent compared with the third quarter of...
Oct 15 2018 // The Federal Trade Commission (FTC) and Justice Department have concluded their competitive review of the proposed acquisition of London-based re/insurance broker Jardine Lloyd Thompson Group (JLT) by New York-headquartered...
Oct 8 2018 // The digital revolution in insurance is about to begin its second act.Having in its first phase used science and technology to inspire a rethinking of insurance that is making insurance easier and more efficient to buy and...
Oct 3 2018 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Eustis Insurance & Benefits, a Louisiana-based independent insurance agency. Terms of the acquisition were not...
Oct 1 2018 // Guy Carpenter & Co. announced the appointment of Siobhan O’Brien as head of the Cyber Centre of Excellence for International and Global Specialties, with effect from Oct. 1.Based in London, O’Brien will...
Oct 1 2018 // Marsh & McLennan, JLTMarsh & McLennan Inc. agreed to buy Jardine Lloyd Thompson for about $5.7 billion to expand its global offering of reinsurance and consulting services. New York-based Marsh said the purchase of...
Sep 19 2018 // Too much capital and not enough growth. Faced with this ailment, the insurance sector is reaching for a costly remedy — M&A.Marsh & McLennan Cos. Inc. Tuesday became the latest [insurance industry participant]*...
Sep 18 2018 // Marsh & McLennan Inc. (MMC) has been preparing for a major acquisition and admiring its competitor Jardine Lloyd Thompson (JLT) for years. So right after the CEOs of the two firms met on Sept. 7 and he sensed an...
Sep 18 2018 // Marsh & McLennan Inc. agreed to buy Jardine Lloyd Thompson for about 4.3 billion pounds ($5.7 billion) to expand its global offering of reinsurance and consulting services, adding to the frenetic pace of deal activity...
Sep 17 2018 // Pryor Cashman hired insurance coverage attorney Christopher Loeber in the firm’s New York office to lead the newly-created Insurance Recovery and Counseling practice.With more than 20 years of experience, Loeber...
Sep 11 2018 // Insurtech is often touted as the cure that will solve the insurance industry’s inefficient and antiquated processes – from distribution, to underwriting, to claims. While many insurers want to investigate the...
Sep 5 2018 // Guy Carpenter & Co., a global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan Cos., announced the appointment of Shaun Sinniah as head of Strategy and Client Engagement for the...
Sep 4 2018 // Marsh & McLennan Agency (MMA) has hired Denise Perlman as executive vice president of Business Insurance and National Partnerships. Perlman is based in Richmond, Va., and reports to MMA President Bill Jeatran.In this...
Aug 22 2018 // Guy Carpenter & Co., the global risk and reinsurance specialist and wholly owned subsidiary of Marsh & McLennan Cos., announced a multi-year, global strategic partnership with Reynolds Porter Chamberlain Consulting...
Aug 20 2018 // This post is part of a series sponsored by CoreLogic.2017 was a game-changing year for the insurance industry. Between the catastrophic deluge of water dumped in Texas from Hurricane Harvey and the unprecedented...