Re/Insurance groups

MMC Q3 revenue increased to USD 3.5 billion

The MARSH & McLENNAN Companies (MMC) reported Q3 2018 consolidated revenues of USD 3.50 billion (vs. USD 3.34 billion), up by 5% compared with the third quarter of 2017. The operating income was up to USD 541 million (vs. USD 535 million), while the net income attributable to the company was USD 276 million (vs. USD 393 million in Q3 2017).

SEB to merge its three Baltic life units

SEB - one of the largest life insurers in Baltic region announced is planning to merge its units in the Baltic States, "into one legal entity to further improve our operational efficiency and deliver improved customer services. The merger will not affect our services to the customers".