Marsh Has Got The Largest Wheel in the World Covered

Marsh Has Got The Largest Wheel in the World Covered

November 07, 2007

    BEIJING, Nov. 7 /Xinhua-PRNewswire/ -- Marsh has placed
a tailor-made insurance program for the construction and
erection of the Great Observation Wheel in Beijing, the
world's largest observation wheel. The construction and
erection of the Great Observation Wheel is scheduled for
completion next year.

    (Logo: http://www.xprn.com/xprn/sa/200708011810-min.jpg
)

    At a height of 208 meters, the Great Observation Wheel
-- Beijing will be the tallest in the world. It has been
specifically designed and positioned to be a prominent
Beijing landmark with exciting and convenient supporting
retail facilities. Development, planning and operations for
the project will draw from both traditional sources and more
recent successful leisure and entertainment models now
operating in the United States and Europe.

    "We expect it will be a most successful attraction
for visitors," says Mr. Stephen Matter, the chief
executive of the Great Beijing Wheel Company. The wheel is
scheduled to be opened in time for the Beijing Olympic
Games next year.

    Marsh, the world's leading risk and insurance
specialist, was engaged by Great Beijing Wheel Company
Limited to advise on risk and place the insurance for the
project.

    "We are proud to be associated with such a
tremendous achievement as the Great Observation
Wheel," says Paul Wilkins, the chief executive of
Marsh Greater China.

    Marsh brought its experience from Britain's London Eye
observation wheel and other large infrastructure projects
from around the world to devise an appropriate insurance
program. The program includes insurance for Delay in
Start-up, Project Cargo and Project Professional Indemnity,
and was strongly supported by leading reinsurers in the
global market.

    The official signing of the insurance contact was held
during the construction commencement ceremony for the
project on November 5 at 11am in Chaoyang Park, Beijing.

    About Marsh:

    As the world's leading insurance broker and risk
advisor, Marsh has 26,000 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 approximately 55,000
employees and approximately $12 billion of annual revenues.
MMC also is the parent company of Guy Carpenter, Kroll,
Mercer Human Resource Consulting, Oliver Wyman, and Putnam
Investments. MMC's stock (ticker symbol: MMC) is listed on
the New York, Chicago, and London stock exchanges.  MMC's
Web Site is http://www.mmc.com . 


    For further information, please contact:

     Starry Zou
     Marketing & Communications Manager -- Greater
China
     Tel:   [phone]	
     Email: [e-mail]