ROBERT NEWHOUSE

NEWHOUSE--Robert J.

Robert "Bob" J. Newhouse Jr., died on August 26, 2017, following a brief illness. He passed away peacefully with his family around him and his wife's picture in his hands. Bob graduated from the Hill School and attended Princeton University. He served as an officer in the U.S. Navy during WWII. He began his career in the insurance industry in 1954 and he spent much of that career with Marsh & McLennan Companies (MMC), serving as a senior executive for Guy Carpenter & Co. and retiring as Vice Chairman of the parent company, MMC. He was one of the architects of the Bermuda insurance industry and instrumental in creating and managing such companies as Ace, Excel, AXIS, Mid Ocean and numerous others. Following his retirement from MMC, he continued to serve on many of the Boards of the companies he founded. He was also an active consultant to Stone Point Capital, an MMC spin-off company specializing in private equity investments, until his death. Bob married his childhood sweetheart Patricia "Patty" Gilbertson in 1945. Patty passed away in 2014. He is survived by his three sons and their wives, Robert J. Newhouse III and Laurie, Stephan F. Newhouse and Judy and Paul B. Newhouse and Diane as well as six grandchildren and seven, soon to be eight great-grandchildren. Bob and Patty's final years were spent in John's Island, Florida and Nantucket where he will be laid to rest next to his beloved wife. In lieu of flowers, donations in his memory may be made to the Sankaty Head Foundation.