Marsh McLennan Beats Q2 Profit Estimates on Higher Interest Income July 20, 2023 Marsh McLennan reported second-quarter profit above expectations on Thursday, bolstered by the higher interest the company earned from client funds....
Marsh McLennan to Work With Ukraine to Provide Access to Global Insurance Market June 23, 2023 Marsh McLennan, the professional services firm in the areas of risk, strategy and people, today announced that it will work...
Broker Sues Over Unethical ‘Raid’ of 38 Staff in UK Poaching Row May 11, 2023 By Jonathan Browning Marsh & McLennan Cos.’s reinsurance broker sued a London rival, saying it secretly planned an unethical “raid” of 38 people...
Marsh McLennan Reports ‘Strong Start’ to Year With Restructuring Program on Track April 25, 2023 By L.S. Howard Marsh McLennan Companies Inc. reports “a strong start” to 2023, generating 9% underlying revenue growth in the first quarter on...
Marsh McLennan Names Tomlinson CEO for U.S. and Canada February 1, 2023 Marsh McLennan said it has named Pat Tomlinson CEO of U.S. and Canada. He, along with Flavio Piccolomini, who was...
January Reinsurance Renewals Were Most Challenging in 2 Decades: MMC’s Doyle January 27, 2023 By L.S. Howard The most challenging January reinsurance renewals in nearly two decades saw global property catastrophe rate increases of 25% to 60%...
Inflation, Debt Crisis, Cost of Living Pose Top Business Risks in G20 Nations: Survey November 7, 2022 Runaway inflation, an unfolding debt crisis and cost-of-living problems pose the biggest threats to doing business for G20 countries in...
Marsh McLennan Acquires Texas-Based Focus November 2, 2022 Marsh McLennan Agency (MMA), a subsidiary of Marsh, announced the acquisition of Focus Insurance, a leading personal insurance brokerage firm...
Property Cat Market to Harden More; Possible ‘Significant Supply Imbalance’: MMC’s Doyle October 21, 2022 By Chad Hemenway While the total impact of Hurricane Ian won’t be realized for some time, the effect on an “already stressed property...
Marsh McLennan CEO Glaser to Retire; Doyle to Take the Reins in 2023 September 26, 2022 Marsh McLennan said today that John Q. Doyle will take over as president and CEO effective January 1, at which...