Oliver Wyman Group

• Businesses See Economy as Greatest Risk in 2012, Two Studies Say

  By Phil Gusman, PropertyCasualty360.com, Mark E. Ruquet  |  January 19, 2012

  Economic risk is the top concern on business professionals’ minds going into 2012, according to two new, separate surveys conducted by Allianz Global Corporate & Specialty (AGCS) and the World Economic Forum.

• WEF: Financial Risk Trumps Environmental Concerns

  By Mark E. Ruquet, PropertyCasualty360.com  |  January 12, 2012

  Experts and industry leaders see world-economic conditions having far greater consequences on society in the near term than environmental risks, according to a report from the World Economic Forum.

• Global Risks Interconnected, Expert Says

  By Mark E. Ruquet, PropertyCasualty360.com  |  January 17, 2011

  Global interconnection has increased vulnerability to risks around the world, and insurer involvement will be critical in finding answers for the uncertain and volatile future, according to an official with the World Economic Forum.

• Insurers Critical To Developing Global Risk Answers

  By Mark E. Ruquet, PropertyCasualty360.com  |  January 12, 2011

  Global interconnection has increased vulnerability to risks around the world, and insurer involvement will be critical in finding answers for the uncertain and volatile future, according to an official with the World Economic Forum.

• MMC Net Income Drops 24%, Revenues Up

  By Staff Writer  |  November 9, 2010

  Marsh & McLennan Companies reported 2010 third quarter net income of $168 million, a 24 percent decrease compared to 2009 third quarter net income of $221 million.

• MMC 2Q Earnings Up From Last Year's Loss

  By Mark E. Ruquet, PropertyCasualty360.com  |  August 3, 2010

  Marsh & McLennan Companies reported solid gains in the 2010 second quarter, improving over last year's earnings loss from the same period.

• Insurers Must ID Tech Gaps For Solvency II Compliance

  By Mark E. Ruquet, PropertyCasualty360.com  |  June 17, 2010

  Before making technology investments for Solvency II compliance, insurers need to understand their risk management profile and determine what is needed to fulfill the requirements, according to an analyst with the consulting firm Celent.

• Top Brokerages Report Mixed Results

  By Mark E. Ruquet, PropertyCasualty360.com  |  May 24, 2010

  The three biggest insurance brokerages reported mixed results for the first quarter, with Aon seeing a big drop in net income, Marsh & McLennan reporting a substantial gain, and Willis a more modest jump.

• MMC Reports First Quarter Profits Up 41%

  By Mark E. Ruquet, PropertyCasualty360.com  |  May 4, 2010

  Marsh & McLennan Companies reported first-quarter net income rose 41 percent over the period last year as its business segments controlled costs and benefited from economic improvement.

• IT Investment Impelled By Desire For Business Growth, Survey Finds

  By Mark E. Ruquet, PropertyCasualty360.com  |  April 1, 2010

  The top reason insurers embarked on technology initiatives was to grow their business, according to a consulting firm survey of chief information officers.