Two Marsh & McLennan subsidiaries announced appointments at its reinsurance brokerage and risk consulting firm. The company's human consulting firm also named a new president within one of its divisions.
MMC reinsurance broker Guy Carpenter said Chi Hum, 50, was named to the newly created role of global head of distribution for insurance-linked securities in its Investment Banking Specialty Practice, a division of MMC Securities Corp.
Mr. Hum will be responsible for broadening and strengthening the firm's capital markets investor contacts and for the placement of securities and derivatives with investors. He will also assist in the placement of collateralized reinsurance transactions with capital market investors, MMC said.
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