Operations/tech
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The company said adjustments to a previously reported loss related to ceded losses and commissions stemming from a quota share treaty with a captive reinsurer. -
Written comments should be submitted by email by 3 May and the draft methodology is available online.
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The board says each business should be individually responsible for managing the associated risks and opportunities.
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Marsh & McLennan Companies (MMC) has changed its name to Marsh McLennan.
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The company also has deals with major winners Webb Simpson and Jimmy Walker.
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The carrier will fold its US primary insurance subsidiaries into a new entity.
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Bryant returns to Marsh McLennan Companies after 14 years at Aon
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In a second hire within the broker’s offshore wind team, Sarah Burston returns.
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The risk analytics firm is also acquiring cyber analytics business Sentar and insurance modeller Tyche as part of the deal.
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Projects will span areas like criminal justice reform, climate resilience and education.
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Tucker previously worked for Axa XL, and AmTrust and Flagstone Re before that.
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The broker says it has already seen a number of whistleblower and retaliation lawsuits filed against employers.
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