Ratings agency Moody's announced it had changed the outlook on Marsh & McLennan's A2 senior debt rating from stable to negative.
Moody's said it considered the allegations of corruption brought by the New York attorney general Eliot Spitzer to be “serious”.
Yet, it said, it was not possible to determine whether, or how severely, the ongoing investigations would affect the company.
The ratings company said Marsh & McLennan's position would look less severe if additional complaints were made against other participants.
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.
