M&M, J.P. Morgan form new Bermuda reinsurer. (Marsh and McLennan Companies Inc., J.P. Morgan and Company Inc., Mid Ocean Reinsurance Company Ltd.): An ... & Casualty-Risk & Benefits Management

This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on November 16, 1992. The length of the article is 783 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Marsh and McLennan Companies Inc and JP Morgan and Company Inc have established the Mid Ocean Reinsurance Company Ltd to alleviate capacity shortages in the international property catastrophe reinsurance industry. Mid Ocean will concentrate on the international market, with Japanese and European businesses as its primary marketing targets. The company also plans to accept contracts with independent reinsurers. Robert J. Newhouse has been named president of the new reinsurer. Marsh and McLennan and JP Morgan have each invested more than $30 million in the new firm.

Citation Details
Title: M&M, J.P. Morgan form new Bermuda reinsurer. (Marsh and McLennan Companies Inc., J.P. Morgan and Company Inc., Mid Ocean Reinsurance Company Ltd.)
Author: John Jennings
Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: November 16, 1992
Publisher: The National Underwriter Company
Issue: n46 Page: p6(2)

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