Canadian Underwriter

Marsh & McLennan

Pat Tomlinson
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Marsh McLennan names CEO for U.S. and Canada

February 1, 2023 by David Gambrill

Pat Tomlinson has been named U.S. and Canada CEO of Marsh McLennan, the company announced Wednesday. Flavio Piccolomini has been named International CEO. Together, Tomlinson and Piccolomini will lead a new collaborative effort by the company to serve clients across

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News BrokersCatastrophesClimate ChangeCommercial LinesInsuranceRisk

Which risks will trouble the globe in 2023?

January 13, 2023 by Alyssa DiSabatino

The cost-of-living crisis poses the biggest worldwide risk in 2023, according to findings in the World Economic Forum’s Global Risks Report 2023.  Two years from now, experts expect the cost of living will still be the number one risk on

News Brokers

Will brokers’ travel expenses return to 2019 levels?

July 27, 2021 by Greg Meckbach

As economies re-open with more people getting their COVID-19 vaccinations, corporate executives will put more thought into their decisions on whether or not employees travel, suggests the CEO of Marsh & McLennan Companies Inc. New York City-based Marsh & McLennan

News Reinsurance

Intact’s Brindamour: Why the hard market could last for up to two more years

August 20, 2020 by Greg Meckbach

A hard market in reinsurance is among three main reasons why primary insurance rates will continue to rise for brokers’ clients for at least another year or two, Intact Financial Corp. CEO Charles Brindamour suggests. In a recent virtual fireside

News Brokers

How COVID-19 could permanently alter Marsh & McLennan

August 19, 2020 by Greg Meckbach

Travel and entertainment spending could be down permanently for Marsh & McLennan Companies Inc., though it’s sure to rise again somewhat later this year, suggests CEO Dan Glaser. “I am not sure we will go running back to hopping on

News InsuranceMergers and Aqcuisitions

JLT shareholders approve merger with Marsh & McLennan

November 8, 2018 by Greg Meckbach

A US$6-billion deal that could form the world’s largest commercial brokerage is one step closer to reality. Britain’s Jardine Lloyd Thompson Group plc announced Wednesday that 99.9% of its shareholders voted in favour of having JLT acquired by Marsh &

News Earnings / RatingsInsuranceMarkets / Coverages

Underlying revenue up 3% at Marsh

October 31, 2017 by Canadian Underwriter

Marsh & McLennan Companies Inc. recently announced a 9% increase in revenue at its commercial brokerage subsidiary while total risk and insurance services revenue increased from $1.632 billion in the third quarter of 2016 to $1.752 billion in the three months

News Earnings / RatingsInsuranceMergers and Aqcuisitions

Revenue for U.S./Canada Marsh division of Marsh & McLennan Companies up to US$701 million in Q1 2016 from US$638 million in Q1 2015

April 28, 2016 by Canadian Underwriter

Revenue for the United States/Canada Marsh division of Marsh & McLennan Companies, Inc. (MMC), was up to US$701 million for the first quarter of 2016 ending March 31, from US$638 million in the first quarter of 2015, the global professional