Latest Marsh McLennan Headlines
All the headlines from our Marsh McLennan Topic Page, ordered by recency.
MMC Capital Appoints Garrett Moran Senior Advisor
Apr 9 2002 // MMC Capital, Inc., the private equity investment subsidiary of Marsh & McLennan Companies, Inc., announced that Garrett Moran has been appointed a senior advisor to the company. Moran will provide counsel on all...
Fitch Ratings Assigns ‘A+’ For Marsh & McLennan
Mar 28 2002 // Fitch Ratings has assigned various ratings to Marsh & McLennan Companies, Inc. (MMC), including a ‘A+’ senior debt rating and an ‘F1’ commercial paper rating. The Rating Outlook is Stable. The...
Marsh and McLennan Reports 4thQ 2001
Jan 31 2002 // Marsh & McLennan Cos. Inc. announced its fourth-quarter 2001 profit fell nearly 50 percent, impacted by several one-time items. Reuters reported the New York-based company owns mutual fund firm Putnam Investments,...
XL Completes Le Mans Re Deal; Buys Stake in Stanfield Capital
Jan 15 2002 // Bermuda’s XL Capital Ltd announced that it has completed the acquisition of a 67% majority shareholding in Le Mans Re from Mutuelles du Mans Assurances (MMA), and, in an unrelated transaction, has acquired a minority...
Welcome to the 3rd Annual “Top Ten Stories of the Year”
Dec 24 2001 // In what became one of the most significant, traumatic and challenging years in U.S. history, the insurance industry, along with the rest of the nation, has had to come to terms with the terrorist attacks perpetrated...
S&P Affirms Marsh & McLennan Cos.
Dec 24 2001 // Standard & Poor’s affirmed its ratings on Marsh & McLennan Companies (MMC). The outlook has been revised to stable from negative. The rating actions reflect the diversity and strength of MMC’s various...
S&P Affirms Marsh & McLennan Cos.
Dec 17 2001 // Standard & Poor’s affirmed its ratings on Marsh & McLennan Companies (MMC). The outlook has been revised to stable from negative. The rating actions reflect the diversity and strength of MMC’s various...
Top 10 Stories of 2001
Dec 17 2001 // Recollections and Renewal: Looking Back at 2001 with an Eye to the Future This is the year that was. It is one that many people will be glad to see come to an end because the new year always brings hope—for a rebirth,...
S&P Affirms Marsh and McLennan Cos. Ratings
Dec 5 2001 // Standard & Poor’s affirmed its ratings on Marsh & McLennan Companies (MMC). The outlook has been revised to stable from negative. The rating actions reflect the diversity and strength of MMC’s various...
New Capital Boosts Bermuda’s Reinsurance Industry
Nov 12 2001 // The reinsurance industry is gearing up to replace a good portion of the capital lost in the Sept. 11 attacks, and companies are also seeking to place themselves in a position to profit from the expected surge in demand and...
Will Reinsurance Rebound from Terrorist Strikes in the U.S.’
Oct 29 2001 // If the nautical term best applied to the reinsurance industry last year this time would have been “Steady as she goes,” after the catastrophe that struck the U.S. on Sept. 11, the French term “sauve qui...
Aon & Marsh Families to Receive Donations
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...
MARSH FORMS NEW COMPANY
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...
MARSH FORMS NEW COMPANY
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...
Marsh Forms New Company in Wake of Disasters
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...
Insurance Industry Grieves For Its Own
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...
MMC Working to Locate Employees, 1,300 Reported Safe
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...
Guy Carpenter Sees Integration of Risk Management and Capital Management Becoming Dominant Focus Ju
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,...
MMC Reports Increased 2Q, Six Months Results
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...
CGNU in Partnership Talks with France’s MMA
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...
