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Marsh & McLennan (MMC) came out with quarterly earnings of $2.41 per share, beating the Zacks Consensus Estimate of $2.39 per share. This compares to earnings of $2.20 per share a year ago.
Marsh & McLennan's (MMC) second-quarter results are likely to reflect strong performance in all segments amid higher operating expenses.
This increase reflects Marsh & McLennan's (MMC) 14th consecutive year of dividend increases and underscores its commitment to returning capital to shareholders.
Marsh & McLennan's (MMC) unit, MMA, is set to enhance its risk management capabilities with the acquisition of Horton. This strategic move is part of MMA's ongoing expansion strategy.
The acquisitions of AmeriStar Agency, Hudson Shore Group and Veritas Total Solutions are set to bolster Marsh & McLennan's (MMC) growth, expertise and competitive edge in diverse sectors.
HOUSTON , July 2, 2024 /PRNewswire/ -- Oliver Wyman, a global leader in management consulting and a business of Marsh McLennan (NYSE:MMC), today announced the completion of its acquisition of Veritas Total Solutions, a commodity trading advisory firm with deep technical expertise in risk, systems, analytics, and AI. The combination of Oliver Wyman and Veritas will provide commodity trading businesses with an unparalleled level of trading optimization expertise.
AVON, Conn.--(BUSINESS WIRE)--Specialist managing general underwriter in the global energy transition, New Energy Risk (“NER”), a wholly owned division of Paragon Insurance Group, and leading insurer Westfield Syndicate have announced the launch of a new Lloyd's lineslip focused on providing technology performance insurance and other innovative insurance products to the energy transition space. With the additional capacity available under the lineslip, NER continues to expand its platform to ac.
David Jacob, CEO of the professional services firm, says the U.S.' use of tariffs as part of its trade policy arsenal is "part of the permacrisis that we live in."
Marsh & McLennan (MMC) is well-poised for growth on the back of rising demand for services, revenue growth and margin expansion outlook.
NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people, will announce second quarter financial results via news release on Thursday, July 18, 2024, before the market opens. The news release will be available on marshmclennan.com. Following the news release, President and CEO John Doyle and CFO Mark McGivney will lead a teleconference with investors at 8:30 a.m. EDT. The discussion will include a question-an.