Welcome to our dedicated page for Marsh & Mclennan news (Ticker: MMC), a resource for investors and traders seeking the latest updates and insights on Marsh & Mclennan stock.
Marsh & McLennan Companies, Inc. reports developments across risk, reinsurance and capital advisory, people and investment consulting, and management consulting. Company updates often center on Marsh Risk and its digital risk analytics tools, Mercer workforce, compensation, health and retirement advisory alliances, Oliver Wyman consulting operations, and Marsh McLennan Agency insurance, benefits, retirement and wealth solutions in the U.S. and Canada.
Recurring news also covers quarterly operating results, enterprise partnerships, AI-enabled service delivery, leadership and governance changes, material agreements, and capital-structure matters tied to the company's common stock and debt financing.
The Board of Directors of Marsh McLennan (NYSE: MMC) announced a 10.3% increase in its quarterly dividend, raising it from $0.535 to $0.590 per share. The dividend is scheduled for payment on August 15, 2022, to stockholders recorded on July 28, 2022. With annual revenues around $20 billion, Marsh McLennan continues to be a leader in professional services related to risk, strategy, and people, advising clients across 130 countries.
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Marsh McLennan Agency (MMA) has acquired CS Insurance Strategies, Inc., a Chicago-based insurance agency specializing in employee health, business insurance, and risk management. Founded in 2009, CS Insurance is minority-owned and serves diverse clients, particularly in municipal and non-profit sectors. The acquisition enhances MMA's capacity to deliver competitive solutions and expands growth opportunities for both organizations. All ten CS Insurance employees will join MMA, indicating a commitment to integrating local expertise into MMA's broader service offerings.
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Marsh McLennan (NYSE: MMC) will announce its second quarter financial results on July 21, 2022, prior to market opening. The results will be accessible via a press release on marshmclennan.com. Following the announcement, executives including President and CEO Dan Glaser will conduct a teleconference at 8:30 a.m. EDT to discuss the results and address investor queries. Marsh McLennan, a global leader in professional services, has an annual revenue of approximately $20 billion and serves clients in 130 countries.
Marsh McLennan (NYSE: MMC) announces the appointment of John Jones as Chief Marketing and Communications Officer and Pat Hagemann as Chief of Staff to the COO, effective July 1. Jones, with over 25 years of experience, previously served as Chief Marketing Officer of Marsh and will lead a new marketing organization. Hagemann, a 40-year veteran at Marsh, will oversee strategic projects and report on Business Resiliency Management and Security teams. These roles aim to enhance client impact and organizational agility.
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The Oliver Wyman Forum released a new white paper at the World Economic Forum, discussing a novel equity-market valuation model that outperforms traditional metrics like P/E and CAPE ratios. This model introduces a new valuation metric that is both timely and less volatile. The paper highlights ten critical insights into the US economy, critiques the traditional CAPM, and uncovers ten hidden risks in the Treasury market. These findings aim to aid investors and economic policymakers in making informed decisions based on a more accurate understanding of equity and Treasury dynamics.
Marsh McLennan Agency (MMA) has acquired Clark Insurance, a prominent independent agency in Maine, enhancing its presence in the New England region. Founded in 1931, Clark Insurance offers comprehensive business and personal insurance services. The acquisition includes Clark's five offices, with all 135 employees transitioning to MMA. CEO Jerry Alderman noted that Clark's reputation for quality service and a collaborative culture aligns with MMA's values. This strategic move aims to provide clients with improved resources and opportunities, further strengthening MMA's market position.
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