MARSH & MCLENNAN COMPANIES, INC.

Owns50 of 120

• ASTERRA RE SOCIEDAD ANONIMA CORREDURIA DE REASEGUROS

  Held through a subsidiarySpain

• CALM FINANCE HOLDINGS LIMITED

  Direct subsidiaryUnited Kingdom

• CALM TREASURY HOLDINGS LIMITED

  Direct subsidiaryUnited Kingdom

• Cardano Asset Management N.V.

  Held through a subsidiaryNetherlands

• CARDANO HOLDING LIMITED

  Direct subsidiaryUnited Kingdom

• Cardano Nederland B.V.

  Direct subsidiaryNetherlands

• Cardano Risk Management B.V.

  Held through a subsidiaryNetherlands

• CASCADE REGIONAL HOLDINGS LIMITED

  Direct subsidiaryUnited Kingdom

• DEASTERRA PARTNERS SL

  Direct subsidiarySpain

• FUNDHOUSE BESPOKE LIMITED

  Direct subsidiaryUnited Kingdom

• GUY CARPENTER & CIA SA

  Direct subsidiarySpain

• Guy Carpenter & Company Aktiebolag

  Held through a subsidiarySweden

• GUY CARPENTER & COMPANY, LLC

  Direct subsidiaryUnited States

• Irish Pensions Trust Limited

  Held through a subsidiaryIreland

• JLT ASIA HOLDINGS B.V.

  Direct subsidiaryNetherlands

• JLT GROUP HOLDINGS LIMITED

  Direct subsidiaryUnited Kingdom

• JLT LATIN AMERICAN HOLDINGS LIMITED

  Direct subsidiaryUnited Kingdom

• JLT PERU WHOLESALE LIMITED

  Direct subsidiaryUnited Kingdom

• JLT WEALTH MANAGEMENT LIMITED

  Direct subsidiaryUnited Kingdom

• LINCOLN PENSIONS LIMITED

  Held through a subsidiaryUnited Kingdom

• MANGROVE INSURANCE EUROPE PCC LIMITED

  Direct subsidiaryMalta

• MANGROVE INSURANCE GUERNSEY PCC LIMITED

  Direct subsidiaryGuernsey

• Mangrove Risk Solutions Bermuda Ltd.

  Direct subsidiaryBermuda

• MARSH

  Direct subsidiaryBelgium

• MARSH BROKER DE ASIGURARE-REASIGURARE SRL

  Direct subsidiaryRomania

• MARSH B.V.

  Direct subsidiaryNetherlands

• MARSH CANADA LIMITED

  Direct subsidiaryCanada

• MARSH CORPORATE SERVICES LIMITED

  Direct subsidiaryUnited Kingdom

• MARSH EUROPE

  Direct subsidiaryBelgium

• MARSH GMBH

  Direct subsidiaryGermany

• MARSH INDIA INSURANCE BROKERS PRIVATE LIMITED

  Held through a subsidiaryIndia

• MARSH INSURANCE BROKERS LIMITED

  Held through a subsidiaryCyprus

• MARSH INSURANCE & INVESTMENTS LLC

  Direct subsidiaryUnited States

• MARSH INTERNATIONAL HOLDINGS, LLC

  Direct subsidiaryUnited States

• Marsh Investments Canada Limited (MICL)

  Direct subsidiaryCanada

• MARSH IRELAND BROKERS LIMITED

  Direct subsidiaryIreland

• MARSH LDA

  Direct subsidiaryPortugal

• MARSH LIMITED

  Direct subsidiaryUnited Kingdom

• Marsh Management Services (Bermuda) Ltd.

  Direct subsidiaryBermuda

• MARSH MANAGEMENT SERVICES (DUBLIN) LIMITED

  Direct subsidiaryIreland

• MARSH MANAGEMENT SERVICES SINGAPORE PTE LTD

  Direct subsidiarySingapore

• Marsh McLennan AB

  Direct subsidiarySweden

• MARSH MCLENNAN AS

  Direct subsidiaryNorway

• MARSH & MCLENNAN COMPANIES FINANCE CENTER (LUXEMBOURG) S.À R.L.

  Direct subsidiaryLuxembourg

• MARSH & MCLENNAN COMPANIES FRANCE

  Direct subsidiaryFrance

• MARSH & MCLENNAN COMPANIES HOLDINGS (LUXEMBOURG) S.À R.L.

  Direct subsidiaryLuxembourg

• MARSH & MCLENNAN COMPANIES UK LIMITED

  Direct subsidiaryUnited Kingdom

• MARSH & MCLENNAN EUROPE S.À R.L.

  Direct subsidiaryLuxembourg

• MARSH & MCLENNAN HOLDING GMBH

  Direct subsidiaryGermany

• MARSH MCLENNAN INDIA HOLDINGS LIMITED

  Held through a subsidiaryUnited Kingdom

Why no parent is reported

No direct parent reportedNo ultimate parent reported

No owner is known to control it