Latest Marsh McLennan Headlines
All the headlines from our Marsh McLennan Topic Page, ordered by recency.
Guy Carpenter Launches EMEA Advisory Council to Support Its Regional Growth
Jan 13 2016 // Guy Carpenter & Co. has established an EMEA Advisory Council to support its growth plans in the region. The council is specifically designed to provide advice and to inform the EMEA regional leadership’s strategy...
Capital Stabilizes, Prices Keep Softening During Jan. 1 Renewals: Guy Carpenter
Jan 6 2016 // Reinsurance capital levels stabilized during the Jan. 1, 2016 renewals – showing no growth for the first time in several years – and prices continued to soften, according to Guy Carpenter & Co.’s global...
Guy Carpenter Appoints Meyenhofer as Head of Global Partners for EMEA
Jan 5 2016 // Guy Carpenter & Co. has appointed of Matthias Meyenhofer as managing director to lead the firm’s Global Partners client segment for EMEA. He will be responsible for improving and expanding the range of services...
Ex-Contractor Wins $20M in Bribery Suit against Louisiana DOTD
Dec 7 2015 // A former contractor has won a $20 million suit he filed against the Louisiana Department of Transportation and Development (DOTD) over a 2007 incident he says cost him his business because he refused to pay a bribe to a...
Business Moves
Dec 7 2015 // Endurance, W. Brown Associates Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has entered into an exclusive joint underwriting agreement with W....
Marsh & McLennan Agency Acquires Dawson Insurance in North Dakota
Nov 4 2015 // Marsh & McLennan Agency LLC (MMA) has acquired Dawson Insurance Agency, a 98-year-old family-owned agency in Fargo, N.D. Terms of the transaction were not disclosed. Established in 1917, Dawson Insurance provides...
Guy Carpenter Says Wildfire Losses May Exceed $1.75B
Nov 2 2015 // A briefing from Guy Carpenter & Company, LLC in late October shows more than 9 million acres were burned by wildfires so far this year, most of that occurring in the Western U.S, and that insured losses from wildfires...
Guy Carpenter Says Wildfire Losses May Exceed $1.75B
Oct 26 2015 // A briefing from Guy Carpenter & Company, LLC on Monday shows more than 9 million acres were burned by wildfires so far this year, most of that occurring in the Western U.S, and that insured losses from wildfires could...
Guy Carpenter Report Examines Major Emerging Risks Facing Re/Insurers
Sep 16 2015 // A report published by Guy Carpenter & Co., released Sept. 2015, identified four key areas of emerging risk for re/insurers: cyber risk, technology risk, casualty catastrophe and reserving, and life, health and...
Guy Carpenter Execs Discuss Reinsurance Trends at Rendez-Vous Panel
Sep 14 2015 // Challenging market conditions due to abundant capacity, the ongoing influx of new capital and limited loss experience, continue to put pressure on the reinsurance sector, while recent M&A activity is adding a new...
Marsh & McLennan Names Chief Information, Compliance Officers
Sep 10 2015 // Marsh & McLennan Companies Inc. announced the appointment of E. Scott Gilbert as chief information officer. Gilbert, who previously served as Marsh & McLennan Companies’ chief risk and compliance officer,...
Business Moves
Sep 7 2015 // Distinguished, Fulcrum Distinguished Programs Holdings LLC announced the pending acquisition of Bellevue, Wash.-based Fulcrum Insurance Programs. The businesses will be combined and rebranded as Distinguished Specialty....
Cost of Tianjin Explosions Could Reach $3.3 Billion: Guy Carpenter
Sep 4 2015 // The two massive explosions which hit China’s Port of Tianjin last month could generate insurance losses of up $3.3 billion, according to a report published by Guy Carpenter. The report estimates damages between $1.6...
Business Moves
Aug 17 2015 // Regions, Holehouse Agency Regions Insurance Inc., an affiliate of Regions Bank, has entered into an agreement with the Ronald F. Holehouse Agency to obtain the firm’s personnel and accounts. Agency founder Ron...
Marsh & McLennan Acquires Florida-Based Tequesta Insurance Advisors
Aug 11 2015 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Tequesta Insurance Advisors, a personal, commercial, and employee benefits insurance provider in Florida. Terms of the...
Marsh & McLennan Agency Acquires Cline Wood in Kansas City
Aug 3 2015 // Marsh & McLennan Agency LLC (MMA) has acquired Cline Wood Agency, a suburban Kansas City-based independent specialty insurance agency. Terms of the transaction were not disclosed. Founded in 1984, Cline Wood...
MMC CEO Glaser Surveys Competitive Landscape in Wake of Consolidation
Jul 29 2015 // Recent merger deals in the insurance industry among its competitors and carrier partners should not hurt Marsh & McLennan (MMC) and could instead make its insurance and reinsurance advisory services even more...
Marsh & McLennan Seeks Ways to Cut Tax as Competitors Shift to London
Jul 29 2015 // Marsh & McLennan Cos., the largest insurance broker by market value, is seeking ways to cut tax obligations as rivals shift to Europe, where rates are lower. “The search for tax efficiency for us started several...
Business Moves
Jul 20 2015 // Alliant, Preferred Concepts Specialty insurance brokerage Alliant Insurance Services has expanded its managing general agent (MGA) practice through the acquisition of Preferred Concepts, an insurance program underwriter...
Guy Carpenter Predicts El Niño Event Will Bring Fewer Tropical Cyclone Landfalls
Jul 17 2015 // El Niño years bring disruptive weather, such as floods and drought, but have an added benefit of leading to fewer than average tropical cyclone landfalls, according to predictions issued by the Guy Carpenter Asia-Pacific...
