New debt is due to run until 2024
Marsh & McLennan Companies (MMC), the parent company of Marsh, has issued senior bonds worth $600m (£357.6m) with a 3.5% interest rate.
The offering is expected to close on 30 May and MMC said the funds raised would be used for “general corporate purposes”.
The offering is being managed by JP Morgan Securities, Morgan Stanley & Co, Barclays Capital, and Citigroup Global Markets.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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