Latest Marsh McLennan Headlines
All the headlines from our Marsh McLennan Topic Page, ordered by recency.
Renewals See Lower Pricing, Broader Coverage, Reports Guy Carpenter
Jan 7 2015 // Guy Carpenter & Company reports reinsurance pricing fell at the January 1, 2015 renewals in many segments, affecting almost all lines of business and geographies, continuing recent renewal trends. According to Guy...
Casualty Catastrophes Threaten (Re)Insurers’ Balance Sheets: Guy Carpenter
Dec 10 2014 // The “casualty catastrophe” is perhaps the most daunting threat that casualty (re)insurers face today, according to GCCapitalIdeas.com, Guy Carpenter’s thought-leadership blog. Casualty (or liability...
Cyber Attacks, Terrorism Are Top Emerging Risks for 2015: Guy Carpenter
Nov 12 2014 // Cyber attacks and terrorism are ranked among the top emerging risks concerning the (re)insurance industry in the year ahead, according to a survey released by Guy Carpenter & Co. According to the findings, new...
Marsh & McLennan Acquires Nuwest Insurance Services in California
Nov 7 2014 // Marsh & McLennan Agency LLC has acquired NuWest Insurance Services Inc., an Irvine, Calif.-based property/casualty agency. NuWest generates roughly $2.4 million in revenue and specializes in providing P/C insurance...
People – East
Oct 20 2014 // Retail insurance broker EPIC (Edgewood Partners Insurance Center) has hired former Integro President and CEO Peter Garvey as chief operating officer based in New York. In this newly created position, Garvey will be...
Ex-U.S. Security Chief Ridge, Guy Carpenter, Lloyd’s Launch Cyber Policy
Oct 7 2014 // Reinsurance specialist Guy Carpenter & Co. is launching a new cyber privacy and network protection product with Ridge Insurance Solutions Co., a new Lloyd’s managing agency led by Tom Ridge, former U.S. secretary...
Marsh & McLennan Names McGivney Senior Vice President, Corporate Finance
Sep 30 2014 // Marsh & McLennan Companies Inc. announced that Mark McGivney will become senior vice president, Corporate Finance, reporting to Chief Financial Officer Mike Bischoff, effective October 1. McGivney will be responsible...
Guy Carp’s Vice Chairman Explains Multiple Tasks of a Modern Reinsurance Broker
Sep 24 2014 // Following a presentation from Guy Carpenter, moderated by the CEO Alex Moczarski, we caught up with the company’s Vice Chairman David Priebe, who explained just what’s involved in operating one of the...
Marsh & McLennan Appoints Roberts as Deputy General Counsel
Sep 15 2014 // Marsh & McLennan Companies Inc. has hired Carey S. Roberts as deputy general counsel and corporate secretary. She will report to Peter J. Beshar, executive vice president and general counsel of Marsh &...
Guy Carpenter’s Bufkin Joins Hamilton USA
Sep 12 2014 // Hamilton Insurance Group today announced that Barbara C. Bufkin will be joining its U.S. operations, Hamilton USA, as executive vice president, Business Development. Reporting to Hamilton USA CEO Conan Ward, Bufkin will be...
Ko Appointed Chairman of Willis Asia
Sep 8 2014 // Willis Group Holdings plc has appointed Huichih Ko as Chairman of Willis Asia, effective September 9. He will be initially based in the Singapore HQ of Willis Asia, which employs around 890 associates in 36 offices. The...
Guy Carpenter Launches Probabilistic European Hail Model
Sep 5 2014 // Guy Carpenter & Company, LLC, the global risk and reinsurance specialist and wholly owned subsidiary of Marsh & McLennan Companies, announced the launch of its new probabilistic hail model for Europe. The bulletin...
Canada Railway Audit ‘Inadequate’ before Lac-Mégantic Disaster: Official Report
Aug 20 2014 // The Canadian government did not adequately audit the railroad company at the center of the Lac-Mégantic crude tanker disaster, which last year killed 47 people, an independent federal agency said on Tuesday, as it called...
Marsh Revenue Grew 7% in Q2
Jul 29 2014 // Marsh & McLennan Companies Inc., the global insurance and professional services provider, reported revenue growth of 7 percent in the second quarter. “This was our strongest quarterly revenue performance in two...
Smith to Head Guy Carpenter’s EMEA and Int’l. P&I Business
Jul 23 2014 // Guy Carpenter & Company, LLC, the global risk and reinsurance specialist and member of Marsh & McLennan Companies, announced the appointment of Simon Smith as Head of EMEA & International P&I Business,...
Guy Carpenter Appoints de Haas CEO of Benelux Region
Jul 10 2014 // Guy Carpenter & Company, LLC, the global risk and reinsurance specialist and member of Marsh & McLennan Companies, announced the appointment of Roelant de Haas as CEO of the Benelux region, effective as of...
Guy Carpenter Says Reinsurance Prices Squeezed by Oversupply
Jul 8 2014 // Reinsurance prices declined on policies renewed for July 1 amid low losses and as record levels of catastrophe bonds drove an oversupply of capital, according to Guy Carpenter & Co. LLC. There were “price...
Marsh Buying Stake in Alexander Forbes of South Africa
Jun 22 2014 // Marsh & McLennan Cos. will buy a 34 percent stake in Alexander Forbes Ltd. as Africa’s largest independent pension-fund manager prepares to sell shares on the Johannesburg Stock Exchange next month. Mercer Africa...
Marsh & McLennan Agency Acquires Senn Dunn in North Carolina
Jun 2 2014 // Marsh & McLennan Agency LLC (MMA) said it has acquired Senn Dunn Insurance in North Carolina. Terms of the transaction were not disclosed. Founded in 1927, Senn Dunn has annual revenue of approximately $30 million and...
Business Moves
Jun 2 2014 // Brown & Brown, Wright Insurance Brown & Brown Inc. has completed its acquisition of specialty and flood insurance company The Wright Insurance Group LLC. In January, Florida-based national insurance broker Brown...
