3,000 jobs threatened after Marsh-JLT deal MMC said a “substantial portion” of the $250mn synergies that it expects the tie-up to generate will come from job cuts.
Continental reinsurers lead reinsurance for Carolinian insurers Munich Re and Swiss Re as well as Lloyd’s insurers are among the top reinsurers of the leading insurers in North Carolina and South Carolina.
AIR: Florence wind/surge losses to reach $1.7bn-$4.6bn Insured losses from Hurricane Florence are expected to reach $1.7bn to $4.6bn, the modeller has said.
Stier to join Guy Carp retro team The property treaty underwriter is leaving XL Group after five years to join Guy Carpenter’s retro team, Trading Risk can reveal.
JLT culture will be maintained under MMC: Burke JLT CEO Dominic Burke said acquirer MMC valued the entrepreneurial culture at the firm.
