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News from BB&T, NEBCO, Marsh & McLennan Cos., Beazley, NFP, PURE and Western Reserve Group

Many property and casualty CFOs agree with what large brokers, analysts and industry observers have been saying: Alternative capital is holding down reinsurance rates, contributing to a market that is softer than the primary market.

Many property and casualty CFOs agree with what large brokers, analysts and industry observers have been saying: alternative capital is holding down reinsurance rates, contributing to a market that is softer than the primary market.

Revenue growth in both its consulting and risk and insurance services boosted Marsh & McLennan Companies 2013 fourth-quarter net income to $303 million, compared to $259 million in the previous years fourth quarter.

Revenue growth in both its consulting and risk and insurance services boosted Marsh & McLennan Companies 2013 fourth-quarter net income to $303 million, compared to $259 million in the previous years fourth quarter.

Zachary W. Carter, a member of Marsh & McLennan Companies board of directors since 2004, will resign effective Jan. 17 after New York City Mayor Bill de Blasio named Carter to become the citys corporation counsel, according to an SEC filing.

Zachary W. Carter, a member of Marsh & McLennan Companies board of directors since 2004, will resign effective Jan. 17 after New York City Mayor Bill de Blasio named Carter to become the citys corporation counsel, according to an SEC filing.

Enhanced version helps insurers become more compliant with rating agency and ORSA requirements while measuring inflationary trends and their impact on profits.