applied to form a exempted general partnership to invest in Trident Partnership L.P.

Trident Partnership, a Cayman limited partnership, was set up to invest in the insurance business on a global basis.

The proposed partnership, to be called MMRCH (Bermuda) Ltd., is a "technical aspect of a larger opportunity'', according to a spokesman for Marsh & McLennan in New York.

The partnership is described as a structural or facilitating vehicle that allows will allow the companies to participate "correctly'' in Trident.