Insight and Intelligence on the London & International Insurance Markets

4 February 2012

Marsh strikes commission deal with AIG

4 February 2009

AIG agrees 1 percent additional commission

Marsh Corp has negotiated an additional 1 percent commission with American International Group (AIG) on domestic US business produced by the MMC broking group, The Insurance Insider can reveal.

The new arrangement is a demonstration of how the big guns of the US P&C industry are renegotiating their commission arrangements, against the backdrop of the Spitzer agreement which the disgraced former New York attorney general imposed in 2005 on brokers such as Marsh and...

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