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 professional services firm in the finance and insurance sector, active in insurance brokerage, risk and reinsurance services, investment and retirement advisory, workforce consulting and management consulting. News about Marsh McLennan and its businesses highlights developments in risk, strategy and people across its four main businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman.
On this page, readers can find news about Marsh McLennan’s corporate actions, such as authorizations of share repurchase programs and changes to its New York Stock Exchange ticker symbol in connection with a brand change to Marsh. Coverage also includes governance and leadership updates disclosed through company communications and SEC-referenced announcements.
Marsh-related news often focuses on risk topics and insurance brokerage activities, including research on cyber risk, ransomware, and third-party cyber incidents, as well as regional expansion moves through Marsh McLennan Agency acquisitions of local insurance brokerages. Mercer-related news features remuneration and workforce insights, such as total remuneration surveys that analyze salary trends, incentive plans and benefits, and announcements regarding workplace savings and private market investment vehicles.
Oliver Wyman news commonly centers on management consulting insights and collaborative reports with organizations like the World Economic Forum and industry associations, addressing themes such as the global sports economy and the industrial goods sector. Together, these updates provide a view into how Marsh McLennan’s businesses engage with clients and industries worldwide. Investors and observers can use this news feed to follow Marsh McLennan’s research publications, strategic transactions, and other significant announcements across its risk, reinsurance, investments and consulting activities.
Huron has finalized the divestiture of its life sciences commercial and R&D strategy business to Oliver Wyman, part of Marsh McLennan (NYSE: MMC). This strategic move allows Huron to focus more on enhancing its industry expertise in healthcare and education, alongside advancing its technology capabilities across all segments. The transaction is expected to streamline operations, directing resources towards core business areas, thereby aiming for improved client service and operational efficiency.
Oliver Wyman, a consulting firm within Marsh McLennan (NYSE: MMC), has acquired Huron's life sciences strategy consulting practice. The deal enhances Oliver Wyman's capabilities in healthcare, allowing for comprehensive solutions to complex industry challenges. With this acquisition, Oliver Wyman adds 80 skilled professionals, including 12 partners, expanding its talent pool and client relationships within the pharmaceutical and biotechnology sectors. This strategic move aims to strengthen Oliver Wyman's leadership in life sciences consulting and broaden its service offerings.
Oliver Wyman introduces the Holistic Market Model, a comprehensive analysis framework for the US stock market, celebrating Marsh McLennan's 150th anniversary. Developed by former managing partner Jacques Cesar, this model examines 150 years of market dynamics, addressing drivers such as inflation and interest rates. It aims to surpass traditional models like CAPM and CAPE. Key findings indicate that pre-pandemic equity valuations were elevated but not extreme, while corporate profit margins are at a 100-year high.
Summary not available.
Summary not available.
Summary not available.
Marsh McLennan (NYSE: MMC) reported strong third quarter 2021 results, with GAAP revenue rising 16% to $4.6 billion and underlying revenue up 13%. Operating income surged 37% to $740 million, while adjusted EPS increased 32% to $1.08. For the first nine months of 2021, consolidated revenue was $14.7 billion, marking a 15% increase. The Risk & Insurance Services segment generated $2.7 billion in revenue (+17%) and Consulting reached $1.9 billion (+13%). The company repurchased 1.9 million shares for $300 million in Q3.
Summary not available.
Marsh McLennan (NYSE: MMC) announced the launch of its Cyber Risk Analytics Center, aimed at consolidating cyber risk data and analytics across its divisions: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. This center will provide clients with insights into their cyber threats and risk management strategies. With the increasing prevalence of cyberattacks leading to significant financial losses, the center is designed to enhance clients' resilience to cyber risks. Managing Director Scott Stransky will lead the initiative, supported by collaboration with academic and governmental partners.
Summary not available.