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Topic: Marsh and McLennan Companies


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In the News (Fri 27 Nov 09)

  
  Marsh and McLennan Companies
Marsh & McLennan Companies (MMC) is a US-based global professional services firm.
MMC is the parent company of Putnam Investments[?], Marsh Inc., and Mercer Consulting Group[?].
On October 11, 2001 Marsh established a crisis consulting practice specializing in terrorism, with Ambassador L.
www.ebroadcast.com.au /lookup/encyclopedia/ma/Marsh_Inc..html   (127 words)

  
 SEC Info - Marsh & McLennan Companies Inc - 10-Q - For 9/30/93
A subsidiary of the Company, Balis and Co., Inc., is one of many defendants in several lawsuits pending in the United States District Court for the Eastern District of Pennsylvania which emanated from a fire that occurred at One Meridian Plaza Center in Philadelphia, Pennsylvania, on February 23 and 24, 1991.
Marsh and McLennan Companies, Inc. and Subsidiaries Management's Discussion and Analysis of Financial Condition and Results of Operations First Quarter Ended March 31, 1994 General Marsh and McLennan Companies, Inc. and Subsidiaries (the "Company") is a professional services firm with insurance services, consulting and investment management businesses.
MARSH and McLENNAN COMPANIES, INC. AND SUBSIDIARIES SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed this 13th day of May, 1994 on its behalf by the undersigned, thereunto duly authorized and in the capacity indicated.
www.secinfo.com /d1T7q.bd.htm   (2735 words)

  
 Marsh Company History   (Site not responding. Last check: 2007-11-03)
Marsh and McLennan history dates back to 1905 when Burrows, Marsh and McLennan was formed in Chicago.
MMC went public in 1962 with $52 million of annual revenue and a net income of $5 million, and has grown to be a global professional services firm with annual revenues exceeding $9 billion.
Today Marsh and McLennan Companies (MMC) is the parent company of Marsh, Inc., as well as, Putnam Investments, one of the largest investment management companies in the United States; Mercer Consulting Group, a major global provider of consulting services; and MMC Capital, a global private-equity firm.
www.ofpta.org /MarshHistory.ivnu   (239 words)

  
 Milestones of Marsh & McLennan Companies (MMC)
The MMC operating company that is today Marsh has a long and distinguished history as the world's leading insurance broker and risk management advisor.
MMC's presence in human resource consulting was expanded with the acquisition of benefits consultant William M. Mercer Limited in Canada in 1959.
MMC continues its efforts to ease the suffering of families of colleagues lost in the September 11, 2001 terrorist attacks.
www.mmc.com /about/history.php   (1812 words)

  
 Welcome to Marsh. The world's #1 risk specialist.   (Site not responding. Last check: 2007-11-03)
MMC created the program to help the association to operate more efficiently, provide an alternative form of collateral for member companies, and reduce the potential for future assessments.
Marsh Inc. today announced a series of forward-looking moves designed to accelerate its continuing improvements in new business growth and retention levels, as reported Wednesday by parent Marsh & McLennan Companies in its third quarter earnings.
Marsh's white paper on the business risks of climate change is now available.
www.marsh.com   (394 words)

  
 Welcome to Marsh Bulgaria
Marsh's approach to the delivery of services to its clients is driven by a desire to create value for them and to achieve the highest professional standards.
Marsh is a major subsidiary of Marsh and McLennan Companies (MMC), a global professional services firm based in New York.
MARSH BULGARIA is a 100% subsidiary of MARSH Inc., the global leader in risk management and insurance related services, with 400 offices in 115 countries.
www.marsh.bg /aboutMarsh/first.html   (2099 words)

  
 Marsh & Mclennan Companies Marsh 3Q revenue, profit rise
The New York-based company said net income totaled $176 million, or 31 cents a share, in the July-September period, up from $69 million, or 12 cents a share, a year earlier.
Donald Light, a senior analyst with Celent LLC, a research and consulting firm, said "the real news" was that operating income in the risk and insurance division was $143 million in the third quarter, up from $20 million a year earlier, reflecting recovery from the loss of contingent commissions.
In September, the company announced that it was cutting 750 jobs on top of more than 5,000 eliminated in restructuring in the past two years.
www.advfn.com /news_Marsh-3Q-revenue-profit-rise_17497174.html   (739 words)

  
 Marsh & Mclennan Companies Inc. stock - The gift of a single share.
Marsh & McLennan Companies, Inc. is a professional services firm.
MMC subsidiaries include Marsh Inc., a risk and insurance services firm; Putnam Investments, LLC, an investment management company in the United States; and Mercer Consulting Group, Inc., a global provider of consulting services.
MMC operates in three principal business segments: risk and insurance services, investment management and consulting.
www.singleshare.com /stocks/mmc.shtml   (87 words)

  
 Fraud at Marsh? By Bill Mann Oct 18, 2004 - Marsh and McLennan Companies Inc., Janus Capital Group Inc., American ...   (Site not responding. Last check: 2007-11-03)
Marsh's clients pay it to steer them through the complicated insurance market, to be their advocates in negotiations with insurance carriers.
Marsh is not going to be able to replace those revenues, and the scandal that is unfolding has had the effect of shining some disinfecting sunshine on what was a fairly murky part of the process of matching insurance carriers with clients.
Marsh's biggest hope may perhaps be that Spitzer's next move is to unveil charges against the entire industry, meaning that customers who would otherwise move don't really have options that aren't similarly implicated.
articles.fool.com /coms2/summary_0268-commentary04101804_ITM   (1461 words)

  
 Press Clippings: Marsh Risk Consulting
MMC is a global professional services firm with annual revenues exceeding $11 billion.
It is the parent company of Marsh Inc., the world's leading risk and insurance services firm; Putnam Investments, one of the largest investment management companies in the United States; and Mercer Inc., a major global provider of consulting services.
To that end, MMC and its operating companies use their websites to convey meaningful information about their businesses, including the anticipated release of quarterly financial results and the posting of updates of assets under management at Putnam.
www.marshriskconsulting.com /st/PDEv_C_228114_NR_306_PI_451178.htm   (723 words)

  
 A.J. C. SMITH - MARSH & MCLENNAN COMPANIES (MMC): TWST
Smith: MMC is the parent of Marsh, Putnam and Mercer.
Marsh, of course, is the leading risk manager and insurance broker worldwide, Putnam is a very distinguished investment management firm, these days with more than $300 billion under management; and Mercer is a consulting firm, both in the human resource and management consulting area that probably will approach $2 billion in revenues in 1999.
The role of the parent is to be parental to all of the three companies, be a sounding board for the leaders of the companies and actively foster collaboration among them.
www.twst.com /notes/articles/haa612.html   (554 words)

  
 [No title]   (Site not responding. Last check: 2007-11-03)
Prior to MMC Enterprise Risk, Deborah was managing director of risk services in the Sedgwick (a predecessor firm) New York Metro region.
MMC's effective tax rate in the fourth quarter was 28.5 percent and 57 percent for the full year 2004, primarily reflecting the impact of regulatory settlements and a shift in the geographic mix of profits.
The actions against the brokerage firm, Marsh and McLennan Companies, and the two executives stem from a widening investigation of fraud and anti-competitive practices in the insurance industry.
www.lycos.com /info/marsh-mclennan-companies.html   (231 words)

  
 [No title]
Greenberg, 48, became president of MMC in January 1999 and chief executive officer in November 1999.
Jeffrey W. Greenberg is the former chairman and CEO of Marsh and McLennan Companies.
MMC generated $2.1 billion of cash from operations in 2004, compared with $1.9 billion in 2003.
www.lycos.com /info/marsh-mclennan-companies--miscellaneous.html   (563 words)

  
 MARSH & MCLENNAN COMPANIES, INC.: Labor Productivity Benchmarks and International
The goal of this report, therefore, is to assist consultants, human resource managers, strategic planners, and corporate officers in gauging estimates of a company's human resource indicators compared to firms competing or participating in the same economic sector, at the global level.
This report is not about whether a particular company or industry has performed well or poorly in the past or will do so in the future.
Given a company's financial structure, the resulting figures are benchmarked across "leading competitors".
www.mindbranch.com /MARSH-MCLENNAN-COMPANIES-R307-20797   (702 words)

  
 Marsh & McLennan Companies - Wikipedia, the free encyclopedia
Burrows, Marsh and McLennan was formed by Henry W. Marsh and Donald R. McLennan in Chicago in 1905, becoming the world's largest insurance agency with annual premiums of $3 million ($59 million consumer price index adjusted).
Marsh operates by collecting advisory fees from its clients — mainly large corporations but also small and mid-size businesses, municipal governments, school districts and some individuals — in exchange for locating property and casualty insurance coverage for them.
On October 14, 2004, New York State Attorney General Eliot Spitzer announced the initiation of a civil action against Marsh, alleging impropriety in the steering of clients to insurers with whom the company maintained payoff agreements, and for soliciting rigged bids for insurance contracts from the insurers.
en.wikipedia.org /wiki/Marsh_&_McLennan_Companies   (585 words)

  
 Marsh and Mclennan Companies News
Marsh and Mclennan Companies News continually updated from thousands of sources around the net.
The newly independent company focused the bulk of its efforts on the thriving trade of mergers and acquisitions involving insurance intermediaries, such as wholesale agencies, managing general agencies and...
The chief executive of Marsh & McLennan Companies Inc., the nation's largest insurance brokerage, said this week that the management team would recommend that the board of the nation's largest insurance...
www.topix.net /com/mmc   (827 words)

  
 Marsh & McLennan: The Marsh Birds   (Site not responding. Last check: 2007-11-03)
Hank’s son Jeffrey, a CFR member as well, was chairman of Marsh and McLennan, situated on floors throughout the North Tower of the World Trade Center as well as the top floors of the South Tower.
Marsh maintained offices in both of the World Trade Center towers and the space that we occupied in the north tower comprised the floors directly struck by the first aircraft.
Marsh and McLennan, based in New York, is also the parent company of Boston's Putnam Investments.
www.the-catbird-seat.net /MarshBirds.htm   (5587 words)

  
 Enterprise Risk Management - CEO Forum Group - Sharing Ideas And Experiences   (Site not responding. Last check: 2007-11-03)
MMC is a global professional services firm, owning leading companies active in sectors such insurance (Marsh), risk consulting and technology (Kroll), and HR and management consulting (Mercer).
Companies need to look at the specifics of their business systems, see where the risks lie, and put in the appropriate mitigation strategies.
If the company is a public company, for instance, the board audit committee is a natural place from which risk management can be overseen, and some organisations, such as banks, will need very sophisticated financial risk management.
www.ceoforum.com.au /article-detail.cfm?cid=7873   (1082 words)

  
 Marsh Mclennan Companies Lawsuit Attorney | Lawyer World’s Largest Insurance Broker Accused of Securities Fraud, Price ...
A class action has been filed against Marsh and McLennan Companies, Inc. (NYSE: MMC) and certain of its officers and directors by stockholders who purchased the company’s common stock between October 15, 1999 and October 14, 2004.
At all relevant times, the Company stated that its “guiding principle is to consider [its] clients best interests in all placements,” and that it “[does not] represent the [companies]” and held itself out as a “trusted adviser and advocate, in effect representing their best interests in the market place.”
(d) Marsh failed to disclose to investors that defendants’ conduct exposed the Company to civil and criminal penalties and concomitant liabilities, and that such penalities had a materially adverse effect on the Company’s financial performance and prospects.
www.lawcash.com /attorney/3857/marsh-mclennan-companies-lawsuit.asp   (1032 words)

  
 Marsh & McLennan Companies "buy" | newratings.com   (Site not responding. Last check: 2007-11-03)
Marsh & McLennan quote - chart - all headlines - investor relations - analyst actions - add to watchlist - current ratings
In a research note published on April 4, the analysts mention that the company’s sales are growing, despite a weak economy.
Deutsche Bank believes that the company’s stock is attractively valued at its current level.
www.newratings.com /analyst_news/article_280348.html   (252 words)

  
 Case - Marsh & McLennan Companies, Inc. - Kaplan Fox
This is a securities class action on behalf of purchasers of common stock of Marsh and McLennan Companies, Inc.(“Marsh and McLennan” or the “Company”) (NYSE: MMC) between January 3, 2000 and November 3, 2003, inclusive (the “Class Period”).
Plaintiffs allege that defendants were engaged in an unlawful and deceitful course of conduct designed to improperly financially advantage defendants to the detriment of plaintiff and the other members of the Class.
Plaintiffs seek to recover damages on behalf of themselves and others who purchased Marsh and McLennan common stock during the Class Period who suffered damages as a result.
www.kaplanfox.com /case.php?&id=47   (220 words)

  
 MMC - MARSH & MCLENNAN COMPANIES INC - Indices SP 500   (Site not responding. Last check: 2007-11-03)
Marsh andamp; Mclennan Companies, Inc., through its subsidiaries, operates as a professional services company.
The Consulting segment provides advice and services to the managements of organizations primarily in the areas of retirement services, human capital, health care and group benefit programs, management consulting, organizational change and organizational design, economic consulting, and corporate identity.
Marsh andamp; Mclennan Companies is headquartered in New York City.
www.trending123.com /stocks/mmc.htm   (353 words)

  
 Gilman and Pastor, LLP   (Site not responding. Last check: 2007-11-03)
Insurance Brokers and Insurers are bound to abide by their fiduciary obligations and duties of loyalty to their clients and insureds and owe their clients a duty to obtain for them the best insurance in terms of coverage and price.
Many insurance brokers, agents and insurance companies do not represent their clients best interests or act as fiduciaries in connection with the selection and placement of their clients insurance.
Gilman and Pastor represent a class of policy holders of Allstate Insurance Company and Allstate Floridian concerning Allstate’s failure to adequately compensate its insureds for homeowners, property and casualty claims.
www.gilmanpastor.com /Cases/case.asp?id=75   (296 words)

  
 Abraham Fruchter & Twersky LLP Announces Class Action Suit Against Marsh & McLennan Companies, Inc. : ArriveNet ...   (Site not responding. Last check: 2007-11-03)
The complaint alleges that Marsh's representations that, in connection with its insurance operations, it always acted with its clients' best interests in mind and that it represented the interests of its clients, not the interests of insurance companies, were false.
Approximately $800 million of MMC's reported $1.5 billion in net income in 2003 were attributable to the kickback payments.
MMC's financial results throughout the Class Period were misleading because defendants failed to disclose that those results were only achievable by engaging in unethical and illegal business practices.
press.arrivenet.com /business/article.php/480650.html   (669 words)

  
 Marsh & McLennan Companies, Inc. information and related industry information from Hoover's
Marsh and McLennan Companies is the ultimate middleman.
Following its purchase of UK broker Sedgwick Group, the firm began using subsidiary Marsh to hold its risk and insurance units, including Guy Carpenter (reinsurance); Seabury and Smith (insurance program management services); and Marsh and McLennan Capital (insurance industry investment and advisory services).
The company also owns Mercer Consulting Group, which provides human resources and management consulting worldwide, and Putnam, one of the US's biggest money managers.
www.hoovers.com /marsh-&-mclennan/--ID__10959--/free-co-factsheet.xhtml   (481 words)

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