Latest Marsh McLennan Headlines
All the headlines from our Marsh McLennan Topic Page, ordered by recency.
Mercer Hit With Harassment Suit
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...
Guy Carpenter Reinsurance 2000 Report Sees Firming Market
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...
Large Carriers Post Positive Second-Quarter Results
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...
Marsh & McLennan Affirmed
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...
Large Carriers Post Positive Second-Quarter Results
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...
Marsh McLennan Reports Strong Q2 Revenues
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...
Marsh & McLennan Name New German Head
Jun 8 2000 // Sven Kado has been appointed chairman of MMC Germany, a subsidiary of MMC, the global Marsh operating company. He will be responsible for coordination between the heads of MMC’s German companies, Marsh GmbH, William...
Greenberg Elected MMC Chairman
May 19 2000 // Jeffrey W. Greenberg has been elected chairman of Marsh & McLennan Companies, succeeding A.J.C. Smith, who is retiring but will retain a seat on the company’s board. Greenberg, 48, became president of MMC in...
Marsh & McLennan Issues Report on Pricing
May 16 2000 // Marsh & McLennan Securities, the specialized investment banking subsidiary, of the world’s largest insurance broker, has released “Issues in the Pricing of Catastrophic Risk,” a report which examines...
Marsh & McLennan Receives Approval for Internet Bank
May 9 2000 // Marsh & McLennan Cos. Inc. received approval Monday to set up an Internet savings bank. The world’s largest broker will call the thrift “AtBank” and will provide retail deposit products to its...
MMC Boasts Strong First Quarter
Apr 25 2000 // Marsh & McLennan Companies has reported strong revenue earnings growth for the first quarter. Revenues rose 13 percent to $2.7 billion from $2.4 billion in 1999. Net income grew 21 percent to $337 million from $279...
