Former JLT Re chairman Ross Howard – who last November was appointed to serve as Guy Carpenter vice chair effective upon closing of the US$5.6 billion (around SG$7.64 billion) takeover deal between Marsh & McLennan Companies (MMC) and Jardine Lloyd Thompson Group – is retiring later this year. No exact date for Howard’s departure from the MMC subsidiary has been provided.
An announcement by Guy Carpenter said the reinsurance veteran, whose experience spans more than four decades, will continue to support the company’s integration efforts with JLT Re in the meantime – ensuring that the combined business delivers maximum value.
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