Marsh & McLennan Cos. Inc. , the world’s largest insurance brokerage by market value, is not planning to make a counterbid for U.K.-listed reinsurance broker Benfield Group Ltd, a Marsh spokeswoman said Tuesday.
“MMC has no interest in putting forward a counterproposal for Benfield,” according to an e-mail received from the spokeswoman.
A report in the Sunday Telegraph two days ago said Marsh was assessing whether to make a counterbid after rival Aon Corp offered $1.6 billion for Benfield last month in an attempt to create the world’s largest reinsurance brokerage.
(Reporting by Lilla Zuill; editing by Jeffrey Benkoe)
Copyright 2026 Reuters. Click for restrictions.
Topics Aon
Was this article valuable?
Here are more articles you may enjoy.
‘Cockroaches in My Food’ Claim Leads to Insurance Fraud Charge 
FBI Investigating Possible Exposure of Millions of American IDs 
As AI Agents Go Rogue, Cyber Insurers Are Adapting Their Policies 
Judge Says Smucker’s Lawsuit Against Trader Joe’s Over Frozen PB&J Can Proceed 
