NU Online News Service, May 6, 3:17 p.m. EDT--Guy Carpenter & Company, the reinsurance brokerage unit of Marsh & McLennan Companies, said its compensation disclosures to clients--which previously included only information on treaty placements--have now been expanded to include facultative placements.
By disclosing to clients its compensation information on facultative placements as well as treaty placements, Guy Carpenter said it now has a single "Global Disclosure Doctrine" that addresses all reinsurance placed by the broker throughout the world.
Guy Carpenter said its disclosure policy includes the following elements:
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