Global broker Marsh will retain its business units.After completing a three-month internal review, Marsh & McLennan Cos. said it wouldn't sell or spin off any of its main business units. The review, initiated in March, focused on the operations of global broker Marsh Inc.; reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. broker Guy Carpenter Guy Carpenter was fictional character in the Australian soap opera Neighbours played by Andrew Williams from 1991 to 1992. Family Tree
consulting firm business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a ; and the investment-management firm Putnam Investments Putnam Investments was founded in 1937 by George Putnam. At the same time, he founded its first mutual fund offering, The George Putnam Fund of Boston.[1] Putnam has offices in London and Tokyo, and its headquarters is located in Boston, Massachusetts. . The announcement that Marsh & McLennan would keep the businesses put to rest recent speculation that Marsh intended to divest itself of Putnam, which has suffered financially from regulatory investigations and lawsuits over alleged market timing and excessive short-term trading by its employees, as well as "shelf space" arrangements with broker-dealers. |
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