Alexander Moczarski, president and chief executive officer of Guy Carpenter, will take on the additional role of chairman of Marsh & McLennan Companies International.
Marsh & McLennan Agency LLC, a subsidiary of insurance broker Marsh Inc., has acquired KSPH LLC, a $5-million-revenue, employee-benefits agency based in Glen Allen, Va.
Vanessa A. Wittman, executive vice president and chief financial officer of Marsh & McLennan Companies, Inc., is resigning from the firm to accept a senior role at Google.
Professional services firm Marsh & McLennan Cos. reports 2011 fourth quarter net income increased 26 percent, as both its risk and insurance and consulting divisions reported positive growth.
Professional services firm Marsh & McLennan Cos. reports 2011 fourth quarter net income increased 26 percent, as both its risk and insurance and consulting divisions reported positive growth.
Chartis has reassigned some of its top executivesthe second such shakeup for the American International Group subsidiary in less than a yearin conjunction with a geographic restructuring to hone in on growing economies.
Marsh & McLennan says third-quarter net income was down 23 percent, or $38 million, to $130 million due to a $72 million charge for early extinguishment of debt.