Latest Marsh McLennan Headlines
All the headlines from our Marsh McLennan Topic Page, ordered by recency.
Marsh Reported Selling Putnam to Canada’s Power Company
Jan 2 2007 // Marsh & McLennan Companies Inc., the nation’s largest insurance broker, has selected a buyer for its Putnam Investments mutual funds and investment management division, according to a report last Friday. Marsh...
S&P Places Marsh & McLennan on CreditWatch
Dec 29 2006 // Standard & Poor’s Ratings Services placed its ‘BBB/A-2’ counterparty credit rating on Marsh & McLennan Cos. (MMC) on CreditWatch with developing implications. This action is in response to...
More Punch for Programs
Dec 10 2006 // Today’s managing general agencies and carrier partners in the specialty program marketplace are enjoying profitable times while looking over their shoulders at new carriers and agents eager to enter the ring,...
Guy Carpenter Adds Johnson as Senior V.P.
Dec 8 2006 // Guy Carpenter & Co., Inc., the global risk and reinsurance specialist and part of the Marsh & McLennan Companies, has appointed of Eric “Rick” Johnson as senior vice president. Johnson will focus on...
Marsh Unit Arranges Collateral Program for N.C. Workers’ Comp Fund
Dec 7 2006 // MMC Securities Corp., an affiliate of Marsh Inc., has completed a $510 million alternative collateral program on behalf of the North Carolina Self-Insurance Security Association for its security fund. The North Carolina...
Guy Carpenter Issues Report on Impact of Typhoon Saomai
Dec 6 2006 // Guy Carpenter & Co., the global risk and reinsurance specialist of the Marsh & McLennan Companies announced that its Instrat(R) unit has published “Typhoon Saomai: Impact and Historical...
Guy Carpenter Names Gralton to Head U.S. Casualty Wholesale Unit
Nov 29 2006 // Guy Carpenter & Company, Inc., a risk and reinsurance specialist and a part of the Marsh & McLennan Companies, has named Nick Gralton as head of its U.S. wholesale casualty operation. Gralton will be based in...
People and Places
Nov 20 2006 // Greg Thompson, president and chief executive officer of Thomco, is the new president of the Target Markets Program Administrators Association, a national organization serving program managers. Thomco, headquartered in...
People and Places
Nov 20 2006 // Tony Boyd joined Dallas-based McQueary Henry Bowles Troy L.L.P. as a sales professional in Personal Insurance Professionals, a division of MHBT that serves personal lines clients. Prior to joining MHBT, he was agency owner...
People and Places
Nov 20 2006 // Greg Thompson, president and chief executive officer of Thomco, is the new president of the Target Markets Program Administrators Association, a national organization serving program managers. Thomco, headquartered in...
People and Places
Nov 20 2006 // Greg Thompson, president and CEO of THOMCO, is the new president of the Target Markets Program Administrators Association, a national organization serving program managers. Thompson joined THOMCO in 1979, after two years...
People
Nov 19 2006 // Greg Thompson, president and chief executive officer of Thomco, is the new president of the Target Markets Program Administrators Association, a national organization serving program managers. Thomco, headquartered in...
Nov 19 2006 // People Greg Thompson, president and chief executive officer of Thomco, is the new president of the Target Markets Program Administrators Association, a national organization serving program managers. Thomco, headquartered...
Nov 19 2006 // People Tony Boyd joined Dallas-based McQueary Henry Bowles Troy L.L.P. as a sales professional in Personal Insurance Professionals, a division of MHBT that serves personal lines clients. Prior to joining MHBT, he was...
People
Nov 19 2006 // Greg Thompson, president and CEO of THOMCO, is the new president of the Target Markets Program Administrators Association, a national organization serving program managers. Thompson joined THOMCO in 1979, after two years...
Guy Carp/Amlin Announce First Full Paperless Electronic Claims Settlement
Nov 17 2006 // Guy Carpenter, the global risk and reinsurance specialist of the Marsh & McLennan Companies, and Amlin, a leading Lloyd’s insurer, announced that they have successfully implemented their Electronic Claims File...
Guy Carpenter Names Farricker Sr.VP-Global Surety
Nov 16 2006 // Guy Carpenter & Company, Inc., the global risk and reinsurance specialist of the Marsh & McLennan Companies, announced the appointment of Ken Farricker as Senior Vice President in its Global Surety Specialty...
Guy Carpenter Comments on Catlin Cat Bond Placement
Nov 14 2006 // Guy Carpenter, the global risk and reinsurance specialist of the Marsh & McLennan Companies and its affiliate MMC Securities Ltd., noted their role as advisors in the completion of a multi-territory, multi-peril...
Guy Carpenter Releases Annual Review of U.S. Tort Law Developments
Nov 2 2006 // The most important tort law development of 2006 is still up for grabs, with the U.S. Supreme Court expected to rule on Philip Morris’ appeal of a $79.5 million punitive damage judgment in a lawsuit brought in Oregon,...
Marsh Revenue, Profit Up in 3d Quarter; Expenses Down
Nov 1 2006 // Marsh & McLennan Companies, Inc. reported consolidated revenues for the third quarter were $2.9 billion, an increase of 4 percent from the 2005 third quarter. Consolidated net income more than doubled to $176 million...