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 (NYSE: MMC) is a global leader in professional services specializing in risk management, insurance brokerage, and strategic consulting. This dedicated news hub provides investors and industry professionals with verified updates directly from the company and authoritative third-party analysis.
Access comprehensive collection of earnings reports, strategic initiatives, and leadership updates alongside expert commentary on MMC's market position. Our curated feed simplifies tracking regulatory developments and industry trends impacting this Fortune 500 firm.
Key coverage areas: quarterly financial disclosures, mergers & acquisitions activity, corporate governance changes, and recognition within insurance/consulting sectors. All content undergoes strict verification to ensure compliance with financial reporting standards.
Bookmark this page for real-time updates on MMC's global operations across 130+ countries. Monitor critical developments in risk solutions through Marsh, reinsurance advisory via Guy Carpenter, and consulting services from Mercer/Oliver Wyman through one centralized source.
Marsh McLennan (NYSE: MMC) reported a strong performance for Q1 2021, with total revenue rising 9% to $5.1 billion and adjusted EPS increasing 21% to $1.99. Risk & Insurance Services drove significant growth, achieving $3.2 billion in revenue (up 11%) and $1.1 billion in adjusted operating income (up 17%). Consulting revenue reached $1.9 billion, with adjusted operating income rising 28%. The company acquired PayneWest Insurance and repurchased 1 million shares for $112 million. Q1 results indicate robust momentum heading into the year.
Mercer has launched its Skills-Edge Suite, a comprehensive service aimed at facilitating the shift from traditional job-based to skills-based workforce management. The 2021 Mercer Global Talent Trends survey indicates that over half of organizations are focusing on upskilling and reskilling to enhance workforce transformation. Despite the growing focus on skill-based practices, many organizations still lack clarity on existing skill gaps within their teams. This strategic change is expected to improve talent mobility and agility in response to evolving business needs.
Marsh & McLennan Agency (MMA) has acquired PayneWest Insurance, a leading independent agency in the US based in Missoula, Montana. While the financial details remain undisclosed, the acquisition aims to enhance MMA's geographic footprint and service capabilities for midsize businesses and individuals across the Northwest. PayneWest, which has over 700 employees and 26 locations, will operate as MMA's Northwest regional hub. This strategic move is seen as a key milestone to attract high-quality firms and improve client offerings in the insurance market.
Marsh & McLennan Companies (NYSE: MMC) will announce its first quarter financial results on April 27, 2021, before market open. A teleconference will follow at 8:30 a.m. EDT with President and CEO Dan Glaser and CFO Mark McGivney, which will include a Q&A session. Marsh & McLennan is a leading professional services firm, generating over $17 billion in annual revenue, and operates in risk, strategy, and people services across 130 countries.
The Board of Directors of Marsh & McLennan Companies (NYSE: MMC) announced a quarterly dividend of $0.465 per share on outstanding common stock. This dividend is payable on May 14, 2021, to stockholders of record on April 7, 2021. Marsh & McLennan is a leading professional services firm with over $17 billion in annual revenue, providing risk, strategy, and people services globally. The firm employs 76,000 colleagues across 130 countries, showcasing its extensive reach and expertise.
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