Marsh & McLennan News
Marsh & McLennan CEO Sensed an Opening and Acted Fast to Buy JLT
Marsh & McLennan Inc. (MMC) has been preparing for a major acquisition and admiring its competitor Jardine Lloyd Thompson (JLT) for years. So right after the CEOs of the two firms met on Sept. 7 ...
Marsh & McLennan Will Grab JLT for $5.7B; Deal Boosts Consulting Capacity
Marsh & McLennan Inc. agreed to buy Jardine Lloyd Thompson for about 4.3 billion pounds ($5.7 billion) to expand its global offering of reinsurance and consulting services, adding to the frenetic ...
Executives On The Move at XL Catlin, BHSI, Munich Re and Guy Carpenter
XL Catlin announced two new executive appointments. Berkshire Hathaway Specialty Insurance has a new leader for its Australasia unit. Munich Re America appointed a rising executive to a newly created ...
The Latest Launches From Chubb, Travelers, Guy Carpenter and Beazley
Chubb debuted a new package insurance project targeted to businesses of a certain size in Australia. Travelers is now offering an online tool to help contractors identify areas surrounding a jobsite ...
Ex-Marsh Exec Bob Newhouse Has Died; Was Insurance Industry Innovator
Former insurance industry executive and innovator, Robert "Bob" J. Newhouse Jr., died on August 26, 2017, following a brief illness. He spent 36 years at Marsh & McLennan Cos. (MMC), where he ...
Could One of These Men Be AIG’s Next Leader?
It's been 17 months since activist Carl Icahn started targeting American International Group Inc.'s Chief Executive Officer Peter Hancock, faulting him for the company's sluggish returns and ...
Executives On The Move at Allianz, CNA, SCOR and More
Allianz Global Corporate & Specialty promoted two executives. CNA appointed someone to lead efforts involving Commercial Underwriting for Errors & Omissions, Cyber and Media. SCOR made four ...
Marsh & McLennan Acquires Large Southeast Broker J. Smith Lanier
Marsh & McLennan Agency (MMA), the middle market agency subsidiary of Marsh, has agreed to acquire West Point, Ga.-based J. Smith Lanier & Co., one of the nation's largest, privately held ...