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15.12.25 - 01:36
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AIG Appoints Scott Leney as Regional President, AIG Asia Pacific (Business Wire)
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NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that Scott Leney has been appointed Regional President, AIG Asia Pacific. Mr. Leney will lead AIG's businesses in Australia, New Zealand, Singapore, Indonesia, Malaysia, Thailand, South Korea, Hong Kong, Taiwan, Vietnam, and the Philippines.
Mr. Leney has more than three decades of experience leading global risk teams in the Asia Pacific region. He joins AIG from Everest Insurance, where he served as Head of Asia Pacific overseeing business strategy and portfolios in Asia and the Pacific. Prior to Everest, Mr. Leney spent 25 years at Marsh McLennan in senior leadership roles, including Head of Risk Management for Marsh Asia & Pacific, CEO of Marsh Australia, and CEO of Marsh Pacific.
“Scott's extensive insurance industry experience and reputation across the Asia Pacific region makes him an excellent addition to AIG's International Commercial Insurance leadership team,” said Jon Hancock, Chief Executive Officer...
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09.12.25 - 16:36
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Rising Third-Party Risks and Persistent Ransomware Threats Drive Increased Cybersecurity Investments in 2026: Marsh Report (Business Wire)
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NEW YORK--(BUSINESS WIRE)--In a global cyber environment marked by major security lapses, cyberattacks, and technology outages, new research released today by Marsh, the world's leading insurance broker and risk advisor and a business of Marsh McLennan (NYSE: MMC), reveals that organizations around the world are more confident in how they approach cyber risk management and are planning to invest even more in cybersecurity defenses in 2026.
The report, Cyber catalyst report: Guiding priorities in cyber investments, draws insights from more than 2,200 cyber risk leaders across 20 countries and eight global regions. The study provides a snapshot of the rapidly evolving cyber risk landscape, revealing critical trends, challenges, and strategic priorities that shape how organizations worldwide manage and mitigate cyber threats.
Among the key findings, nearly 75% of organizations globally express high confidence in their overall cyber risk management strategies. Confidence varies by regions, with organizations...
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05.12.25 - 19:09
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AM Best Assigns Issue Credit Rating to Victor Insurance Exchange′s Surplus Notes (Business Wire)
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OLDWICK, N.J.--(BUSINESS WIRE)--#insurance--AM Best has assigned a Long-Term Issue Credit Rating of “bbb” (Good) to the $102.5 million, 6% surplus notes, due June 2038, issued by Victor Insurance Exchange (Wilmington, DE). The outlook assigned to this Credit Rating (rating) is stable.
As a start-up organization in 2023, the exchange utilized the surplus notes provided by its financial sponsor, Gallatin Point Capital, as its initial capitalization. Over the first five years of operation, capital is expected to increase largely driven by member subscription fees based on the business plan.
Victor Insurance Exchange is a reciprocal insurance exchange domiciled in Delaware, which is owned by the policyholders (subscribers) and is managed by Victor's attorney-in-fact. The attorney-in-fact is owned jointly by the financial sponsor, Gallatin Point Capital, and the strategic sponsor, Marsh McLennan Companies' managing general underwriter operations, Victor Holdings. The exchange provides coverage to small c...
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01.12.25 - 21:03
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Marsh McLennan Agency Acquires Three Hawai′i-based Insurance Brokerages (Business Wire)
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WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh McLennan Agency (MMA), a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across the US and Canada, today announced the acquisition of several privately owned Honolulu, Hawai'i-based insurance brokerages from Tradewind Group, a diversified Hawai'i investment company. Terms of the acquisition were not disclosed.
Collectively, Atlas Insurance Agency (“Atlas”), Pyramid Insurance Centre (“Pyramid”), and IC International (“IC”), created a leading insurance brokerage presence in the state. They provide insurance solutions to businesses and individuals throughout Hawai'i and offer niche industry specializations including municipality, transportation, and hospitality. Employees from all three firms will join MMA and continue to operate out of their existing office locations.
“Atlas, Pyramid, and IC have long been trusted partners to the Hawai'i com...
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20.11.25 - 21:03
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Marsh McLennan Authorizes Renewal of Share Repurchase Program (Business Wire)
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NEW YORK--(BUSINESS WIRE)--The Board of Directors of Marsh McLennan (NYSE: MMC) today authorized the renewal of the Company's share repurchase program, allowing management to buy back up to $6 billion of the Company's common stock going forward, which supersedes any prior authorization.
About Marsh McLennan
Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of over $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com, or follow us on LinkedIn and X. Contacts
Media Contact:Erick Gustafson
Marsh McLennan
+1 202 263 7788
erick.gustafson@mmc.com
Investor Contact:Jay Gelb
Marsh McLennan
+1 212 345 5411
jay.gelb@mmc.com...
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20.11.25 - 16:57
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Oliver Wyman announces newly elected Partners and Executive Directors for 2026 (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Oliver Wyman, a global leader in management consulting and a business of Marsh McLennan (NYSE:MMC), today announced 40 newly elected Partners and four newly elected Executive Directors for 2026.
"This exceptional group includes leaders who have consistently delivered for our clients while strengthening the collaborative spirit that defines our success,” said Nick Studer, CEO of Oliver Wyman Group. “They exemplify what we can achieve when we operate as one, and I am confident that their expanded roles will drive even greater impact for our clients and the culture that makes Oliver Wyman special.”
The firm's new Partners and Executive Directors, effective January 1, 2026, are listed below in alphabetical order:
Raymond Accary – Dubai
Genevieve Beart – Sydney
Tim Bourne – London
Garett Bugda – Washington
Will Cairns – London
David Carretero – New York
Nisha Cartee – Philadelphia
Stephanie Moser Clarke – New York
Stuart Cockburn – Newcastle
Aron Cohen ?...
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20.11.25 - 15:06
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Oliver Wyman Announces Newly Elected Partners and Executive Directors for 2026 (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Oliver Wyman, a global leader in management consulting and a business of Marsh McLennan (NYSE:MMC), today announced 40 newly elected Partners and four newly elected Executive Directors for 2026.
"This exceptional group includes leaders who have consistently delivered for our clients while strengthening the collaborative spirit that defines our success,” said Nick Studer, CEO of Oliver Wyman Group. “They exemplify what we can achieve when we operate as one, and I am confident that their expanded roles will drive even greater impact for our clients and the culture that makes Oliver Wyman special.”
The firm's new Partners and Executive Directors, effective January 1, 2026, are listed below in alphabetical order:
Raymond Accary – Dubai
Genevieve Beart – Sydney
Tim Bourne – London
Garett Bugda – Washington
Will Cairns – London
David Carretero – New York
Nisha Cartee – Philadelphia
Stephanie Moser Clarke – New York
Stuart Cockburn – Newcastle
Aron Cohen ?...
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