Senior Note Pricing, Acquisitions, New Policies, Appointments and Partnerships - Research Report on Marsh & McLennan Companies, Arthur J Gallagher & Co., Willis, CNO Financial Group and eHealth Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, September 27, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Marsh & McLennan Companies, Inc. (NYSE: MMC), Arthur J Gallagher & Co. (NYSE: AJG), Willis Group Holdings Public Limited Company (NYSE: WSH), CNO Financial Group, Inc. (NYSE: CNO), and eHealth, Inc. (NASDAQ: EHTH). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Marsh & McLennan Companies, Inc. Research Report
On September 24, 2013, Marsh & McLennan Companies, Inc. (Marsh & McLennan) announced that it has priced $250 million of 2.55% senior notes due 2018, and $250 million of 4.05% senior notes due 2023. According to the Company, it intends to use the net proceeds from the offering for general corporate purposes, including the redemption of $250 million of the outstanding principal amount of its existing 5.75% senior notes due September 2015. The Company expects the Notes offering to close on September 27, 2013, subject to certain customary conditions. The Full Research Report on Marsh & McLennan Companies, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/b68a_MMC]
Arthur J Gallagher & Co. Research Report
On September 23, 2013, Arthur J Gallagher & Co. (Arthur J Gallagher & Co.) announced the acquisition of the fine arts broker team of Jeffrey Haber and Michael Fischman located in New York, NY. The Company informed that as partners, Jeffrey Haber and Michael Fischman provide retail insurance products and risk management services for their clients throughout the United States. Commenting on the acquisition, J. Patrick Gallagher, Jr., Chairman, President and CEO of the Company said, "With over 35 years of insurance experience and a strong client-focused culture, this outstanding team will be a wonderful addition to our Northeast Region. Their specialization in fine arts insurance coverage is an excellent niche opportunity for us and will position Gallagher as one of the nation's largest fine arts brokers. We are pleased to welcome Jeffrey, Michael and their colleagues to our growing Gallagher family of professionals." The terms of the transaction were not disclosed by the Company. The Full Research Report on Arthur J Gallagher & Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/66ae_AJG]
Willis Group Holdings Public Limited Company Research Report
On September 9, 2013, Willis Group Holdings Public Limited Company (Willis) announced that it has launched a new liability insurance policy to cover the costs associated with repatriating stranded seafarers, called FLIER. According to the Company, the new policy offers: Coverage for legal liabilities relating to repatriation and medical costs following an abandonment (due to insolvency), which flag states inherit as a result of the MLC; and Abandoned seafarers with access to expert advice and services - including medical aid, logistical assistance, wages, provisions and supplies - in partnership with The Mission to Seafarers and Lodestar. David Purdy, Executive Director in Willis' Financial and Executive Risks Practice and one of the architects of the policy wording said, "The typical costs of repatriating abandoned seafarers could be in the region of hundreds of thousands of dollars." He added, "With market capacity of around $5-10 million, provided by Liberty Mutual Insurance Europe Limited, FLIER offers flag states a cost-effective means of transferring these liabilities and helps ensure that seafarers receive the right humanitarian, financial and logistical support in the unfortunate event of being abandoned overseas." The Full Research Report on Willis Group Holdings Public Limited Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/60e0_WSH]
CNO Financial Group, Inc. Research Report
On September 18, 2013, CNO Financial Group, Inc. (CNO Financial Group) appointed Scott Goldberg as the President of Bankers Life and Casualty Company. According to the Company, he will report to Chief Business Officer, Scott Perry. Commenting on the appointment, Ed Bonach CEO of CNO Financial Group said, "We are positioned for growth and, with this change, Scott Perry can devote his full attention to identifying and leading the pursuit of opportunities for synergies across our distribution channels and our marketing approaches, and enhancing the customer experience. Scott Goldberg's experience in strategy and sales make him uniquely qualified to lead our Bankers Life business and is a direct benefit of our investment in talent management." The Full Research Report on CNO Financial Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/45cf_CNO]
eHealth, Inc. Research Report
On September 24, 2013, eHealth, Inc. (eHealth) announced that it has entered into a partnership with Intuit Inc., to expand consumer enrollment in individual and family health insurance plans. According to the Company, through the planned integration with Intuit TurboTax®, people will be able to easily explore their health insurance options using the Company's online health insurance marketplace. The Company's President and Chief Operating Officer Bill Shaughnessy said, "With the Affordable Care Act expanding access to health insurance to more Americans, consumers will need to have simple and effective tools to help them understand their options under the law. eHealth's partnership with Intuit brings the industry leaders for online health insurance and online tax preparation together to make coverage easy and more accessible to more Americans." The Full Research Report on eHealth, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/667c_EHTH]
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