Latest Marsh McLennan Headlines

Figures

Sep 25 2006 // 6,000 The number of personal and commercial policyholders along the Texas coast expected to be affected by State Farm Insur-ance Company decision to stop renewing policies for properties within 2,500 feet of coastal waters...

News Currents

Sep 25 2006 // Marsh & McLennan cutting 750 jobs Marsh & McLennan Cos. Inc., the world’s biggest insurance brokerage, said it will cut 750 jobs, consolidate some locations and revamp its information technology structure...

Marsh & McLennan cutting 750 jobs

Sep 25 2006 // Marsh & McLennan Cos. Inc., the world’s biggest insurance brokerage, said it will cut 750 jobs, consolidate some locations and revamp its information technology structure to cut costs. Marsh & McLennan,...

Marsh & McLennan Exploring Possible Sale of Putnam

Sep 21 2006 // Marsh & McLennan Cos., the world’s biggest insurance brokerage, says it is checking the market for a possible sale of its Boston-based mutual funds division, Putnam Investments. Michael G. Cherkasky, New...

S&P: Marsh & McLennan Rating Unaffected by Possible Putnam Sale

Sep 21 2006 // Standard & Poor’s Ratings Services said that it is taking no rating action on Marsh & McLennan Companies (BBB/Negative/A-2) following the firm’s decision to, as MMC phrased it, “do a market...

Marsh & McLennan Cutting 750 Jobs

Sep 18 2006 // Marsh & McLennan Cos. Inc., the world’s biggest insurance brokerage, said last Friday it will cut 750 jobs, consolidate some locations and revamp its information technology structure to cut costs. Marsh &...

Guy Carpenter Releases Annual Specialty Program Market Survey

Sep 13 2006 // Guy Carpenter & Company Inc., the global risk and reinsurance specialist and a part of the Marsh & McLennan Companies, has released its second annual survey of domestic insurance companies that write substantial...

Guy Carpenter Study Shows Big Rate Increases in U.S., Mexico

Sep 8 2006 // On the eve of the Reinsurance Rendezvous in Monte Carlo, Guy Carpenter & Company, the risk and reinsurance specialist of the Marsh & McLennan Companies has published its annual, comprehensive study of the global...

Guy Carpenter, EQECAT Launch New Sea Surge Model for France, Sweden

Sep 5 2006 // Guy Carpenter & Company, Inc., the global risk and reinsurance specialist of the Marsh & McLennan Companies, announced that its Instrat(R) unit, which provides quantitative analysis and modeling services, has...

Guy Carpenter report examines impact and risks of nanotechnology

Sep 4 2006 // Guy Carpenter & Company, the risk and reinsurance specialist of Marsh & McLennan Companies, released a new study that provides an overview of the emerging science of nanotechnology, its potential benefits for the...

Guy Carpenter Report Examines Impact of Nanotechnology

Aug 16 2006 // Guy Carpenter & Company, the risk and reinsurance specialist of Marsh & McLennan Companies, announced the publication of “Nanotechnology: The Plastics of the 21st Century?” The study provides “a...

Marsh & McLennan 2Q Profits Below Estimates

Aug 4 2006 // Marsh & McLennan Companies Inc., the nation’s largest insurance brokerage, on Thursday said its profits were flat in the second quarter on weakness in European sales and human resources consulting. The earnings...

Guy Carpenter Names Carroll Sr. VP, Head of Broking for Australia, NZ

Aug 2 2006 // Guy Carpenter & Company, Inc., the global risk and reinsurance specialist of the Marsh & McLennan Companies, announced that John Carroll has joined the firm’s Sydney office as Senior Vice President and Head...

Guy Carpenter Beefs Up London Trade Credit/Political Risk Team

Aug 1 2006 // Guy Carpenter & Company, Inc., the global risk and reinsurance specialist of the Marsh & McLennan Companies, has beefed up its London-based Political Risk and Trade Credit practice with the addition of six...

Texas Regulators: Houston ISD and Benefits Firm Took Part in Illegal Deal

Jul 17 2006 // The Houston Independent School District and its employee benefits firm illegally profited from a deal they have with three other school districts, according to the Texas Department of Insurance. New York-based Mercer Human...

Guy Carpenter Releases Annual Review of Lloyd’s Market

Jul 17 2006 // Guy Carpenter & Company Inc., a global risk and reinsurance specialist and part of the Marsh & McLennan Companies, has published its fourth annual report on the Lloyd’s Market, a comprehensive review of...

Jul 3 2006 // People Dallas-based Colemont Insurance Brokers – Texas announced the promotions of Su Young to assistant vice president and Amy Rosso-Leiker to the position of broker. Young joined Colemont in 2001 as a financial...

Jul 3 2006 // People Trindl Reeves joined Barney & Barney, San Diego, as a principal, responsible for the ongoing growth of Barney & Barney in San Diego and Orange County. She will be based in San Diego. Reeves, formerly...

Guy Carpenter’s Venter Receives von Geusau Memorial Prize

Jun 28 2006 // Guy Carpenter & Company, Inc., the global risk and reinsurance specialist of the Marsh & McLennan Group, announced that Gary Venter, FCAS, MAAA, Managing Director in the firm’s Instrat(R) unit, has been...

MMC Names Spiller New Guy Carpenter CEO; Zaffino Continues as Chairman

Jun 14 2006 // The Marsh & McLennan Companies, Inc. (MMC) announced that David Spiller, the current President of Guy Carpenter & Company, Inc., MMC’s global risk and reinsurance specialty business, has been appointed as...