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 (NASDAQ: HURN) has signed an agreement to divest its Life Sciences Business to Oliver Wyman, a unit of Marsh McLennan (NYSE: MMC). This strategic move is aimed at enhancing Huron's focus on organic revenue growth and margin expansion. The Life Sciences Business contributed approximately 2% of Huron's total revenue for the nine months ended September 30, 2021. The transaction is anticipated to close in November 2021 and is projected to have minimal impact on Huron's full-year 2021 financial guidance. The company plans to use the proceeds to reduce debt and pursue strategic acquisitions.
Summary not available.
Summary not available.
Marsh McLennan (NYSE: MMC) will announce its third quarter financial results on October 21, 2021, before market opening. Following the announcement, President and CEO Dan Glaser and CFO Mark McGivney will host a teleconference at 8:30 a.m. EDT. Investors can participate by dialing 1 866-437-7574 or +1 409-220-9376 for international calls, using access code 4336169. Marsh McLennan, with over $18 billion in annual revenue, provides services in risk, strategy, and people to clients in 130 countries.
The Board of Directors of Marsh McLennan (NYSE: MMC) has announced a quarterly dividend of $0.535 per share, payable on November 15, 2021, to shareholders on record as of October 8, 2021. The firm operates globally with 78,000 employees across 130 countries, generating over $18 billion in annual revenue. Marsh McLennan provides expertise in risk management, strategy, and human resources through its leading businesses, including Marsh, Guy Carpenter, Mercer, and Oliver Wyman.
The recent survey by Oliver Wyman and the International Aviation Womens Association (IAWA) reveals troubling insights into the aviation industry. A staggering 59% of women in leadership roles have considered leaving due to negative experiences. The study surveyed 450 aviation professionals and found that women face slower career advancement compared to men, with only 8% of men reporting similar delays. Key recommendations include improving corporate culture, redesigning systems for balance, and increasing sponsorship opportunities for women.
Summary not available.
Marsh McLennan (NYSE: MMC) has launched its Flood Risk Index, aimed at helping governments and organizations assess their vulnerability to flooding. With over 2.2 billion people at risk and flood disasters causing over $1 trillion in damages since 1980, this tool is timely. The Index evaluates 188 countries based on hazard, exposure, and vulnerability to flooding, highlighting severe risks in major economies like the U.S., Japan, and China. The initiative provides crucial data for mitigating flooding's impacts on populations and assets.
Marsh McLennan Agency (MMA) has announced the acquisition of Vaaler Insurance, Inc., a major independent agency in North Dakota. Founded in 1947, Vaaler specializes in business insurance, employee benefits, and personal lines with a strong focus on the construction, education, and healthcare sectors. The integration aims to enhance client services and leverage new resources from MMA. CEO Bruce Vaaler will continue to manage Vaaler's operations. Terms of the acquisition were not disclosed, but this move is expected to strengthen MMA's foothold in the Upper Midwest.
On August 19, 2021, Qualtrics (Nasdaq: XM) and Mercer, a global HR consulting firm, announced a partnership aimed at enhancing employee experience and benefits programs. This collaboration allows organizations to utilize Qualtrics' XM Platform combined with Mercer's HR expertise to better understand employee attitudes and preferences. With nearly half the workforce planning to seek new jobs, the partnership seeks to help employers attract and retain talent by tailoring employee benefits and improving workplace experiences.