October 2004/1

Marsh Global Broking - the division responsible for agreeing Placement Service Agreements (PSAs) with insurers - was conceived with the best of intentions; all the more ironic, then, that it has become demonised as a peddler of kickbacks and bid-rigs by t

The New York attorney-general’s extraordinary allegations of bid-rigging at Marsh - and some of the world’s largest P&C insurance companies - have stunned the industry.

MMC may be forced to hand $bns earned from PSAs back to its clients Marsh, the world's largest insurance broker, is in major trouble. At time of going to press, New York's attorney-general Eliot Spitzer appears close to achieving one of his first objec