J&H Marsh McLennan were the leading captive manager for new business growth in Guernsey during the 1st Quarter of 1997 according to the latest official figures from the Guernsey Financial Services Commission.
Of the seven new Guernsey insurance companies registered in the first three months of 1997, four were clients of the new J&H Marsh & McLennan operations in Guernsey.
Previously trading as UNISON Management (Guernsey) Ltd. and Marsh & McLennan Management Services (Guernsey) Ltd., the two companies will be merging during 1997 as part of the strategic business combination of Marsh & McLennan Companies, Inc. and Johnson & Higgins which was finalised on 27th March 1997. The new group, to be known as J&H Marsh & McLennan, Inc., will be formed to manage the combined insurance services operations and will operate as a subsidiary of Marsh & McLennan Companies.
Marsh & McLennan Companies is a professional services firm with insurance and reinsurance broking, investment management and consulting businesses. More than 27,000 employees worldwide provide analysis, advice and transactional capabilities to clients in over 80 countries. Marsh & McLennan Companies' stock is listed on the New York, Chicago, Pacific and London stock exchanges.
Established in New York in 1845, Johnson & Higgins is the leading privately held insurance services and employee benefit consulting firm in the world. In addition to brokerage services, the firm provides sophisticated risk management and benefit consulting services to clients worldwide. The firm's global network of almost 9,000 employees includes 145 offices in major business centres around the world and exclusive relationships with UNISON partners in 170 additional cities.
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