|
|
Article: Guy Carpenter Affirms Commitment to Full Disclosure.
- Article from:
- Business Wire
- Article date:
- December 16, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
NEW YORK -- Guy Carpenter & Company, Inc., the leading global risk and reinsurance specialist and a part of the Marsh & McLennan Companies (NYSE: MMC), today announced that it has published a "Disclosure Doctrine" for treaty placements globally. The new policy, which is included following the text of this release, was disclosed to Guy Carpenter's clients and reinsurance markets earlier this month.
In a letter to clients dated December 1, 2004 announcing the new policy, Guy Carpenter's Chairman & CEO, Salvatore D. Zaffino, noted there is a "need within the industry to address issues of full disclosure to clients within the reinsurance marketplace."
"Guy ...