Marsh receives branch office approval in Dalian, China

Beijing, 16 December 2008 - Marsh, the world’s leading insurance broker and risk advisor, said today that it has received regulatory approval to set up a branch office in Dalian, the largest city in Liaoning province.

The new office in Dalian is Marsh (Beijing) Insurance Brokers Co. Ltd.’s (“Marsh China”) fifth branch office outside of Beijing, following previous approvals from the China Insurance Regulatory Commission (CIRC) for branch offices in Shanghai, Guangzhou, Chengdu and Hebei province.

“This is excellent news for both our clients in China and around the world.  The new branch office allows us to provide a broad range of insurance broking and risk advisory services in Liaoning province, an important equipment manufacturing, mining, logistics and shipbuilding centre,” said Mr Tony Lau, CEO of Marsh China.

“The demand for risk management and insurance services is increasing rapidly, as companies manage through this period of global economic uncertainty.  We look forward to helping our clients find ways to minimise the impact of the downturn through risk management in this important industrial region.”
 
“Marsh offers a unique combination of local knowledge backed by global expertise.  We are confident there will be strong demand for risk advisory and insurance broking services in this region,” said Mr Lau.

“It is clear that risk is the top priority for companies heading into 2009, and we look forward to helping clients turn that risk into opportunity.”
 
Marsh has been serving clients in China’s mainland for nearly 30 years.  With over 180 professionals, Marsh provides both local and multinational clients with innovative risk management and insurance solutions.

Contact
William Sargent
+65 8139 7400
william.sargent@marsh.com

About Marsh
Marsh, the world’s leading insurance broker and risk advisor, has 24,000 employees and provides advice and transactional capabilities to clients in over 100 countries. Marsh is a unit of Marsh & McLennan Companies (MMC), a global professional services firm with more than 55,000 employees and exceeding $11 billion of annual revenues. MMC also is the parent company of Guy Carpenter, the risk and reinsurance specialist; Kroll, the risk consulting firm; Mercer, the provider of HR and related financial advice and services; and Oliver Wyman, the management consultancy. MMC’s stock (ticker symbol: MMC) is listed on the New York, Chicago and London stock exchanges. MMC’s Web Site is www.mmc.com.  Marsh’s Web site is www.marsh.com.