Marsh Mulls Sale of PCS, Financial Risk Manager for Super Rich Asians
Marsh is exploring a sale of its financial risk manager and life insurance broker for high-net-worth individuals in Asia, according to people familiar with the matter.Marsh, formerly known as Marsh & McLennan Cos., is working with an adviser on a possible disposal of Private Client Services as it looks to streamline its global portfolio of assets, the people said, asking not to be identified because the deliberations are private. PCS, which is under Marsh’s Mercer subsidiary, has drawn early interest from p ...