Share NEW YORK--(BUSINESS WIRE)--The Board of Directors of Marsh McLennan (NYSE: MMC) today authorized the renewal of the Company's share repurchase program, allowing management to buy back up to $6 billion of the Company's common stock going forward, which supersedes any prior authorization. Nov 20, 2025 3:00 PM Eastern Standard Time Marsh McLennan Authorizes Renewal of Share Repurchase Program About Marsh McLennanMarsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients ...

Nov 20, 2025 10:49 AM Eastern Standard Time Oliver Wyman announces newly elected Partners and Executive Directors for 2026 Share NEW YORK--(BUSINESS WIRE)--Oliver Wyman, a global leader in management consulting and a business of Marsh McLennan (NYSE:MMC), today announced 40 newly elected Partners and four newly elected Executive Directors for 2026. Raymond Accary – DubaiGenevieve Beart – SydneyTim Bourne – LondonGarett Bugda – WashingtonWill Cairns – LondonDavid Carretero – New YorkNisha Cartee – Philadelph ...

Marsh & McLennan Companies, Inc. (MMC), headquartered in New York, is a professional services company that provides advisory services and insurance solutions to clients in the areas of risk and strategy, as well as people worldwide. Valued at $89.6 billion by market cap, the company offers analysis, advice, and transactional capabilities. Shares of this leading professional services firm have considerably underperformed the broader market over the past year. MMC has declined 18.6% over this time frame, wh ...

Core Insights - Mercer, a business of Marsh McLennan, released its inaugural annual survey titled "Voice of the Plan Sponsor: 2025 Defined Contribution (DC) Practices" [1] - The survey indicates that DC plan sponsors are increasingly focusing on financial wellness and cost efficiency [1] Summary by Categories Financial Wellness - There is a growing emphasis among DC plan sponsors on enhancing financial wellness for participants [1] Cost Efficiency - DC plan sponsors are prioritizing cost efficiency in their plans, reflecting a trend towards more sustainable financial practices [1]

Core Insights - Increasing number of Chinese enterprises are accelerating their overseas expansion, with overseas investment exceeding $1.5 trillion, indicating a shift from "flow-based expansion" to "brand, compliance, and organizational expansion" [1] Group 1: Investment Trends - Deloitte data shows that the scale of overseas investment by Chinese enterprises has surpassed $1.5 trillion, marking a new phase of globalization characterized by diversification and deepening development [1] Group 2: Challenges Faced - Chinese enterprises are encountering increasingly complex risk environments during their overseas expansion, including geopolitical conflicts, regulatory changes, supply chain disruptions, climate change, and disruptive technologies [1] - Different stages of overseas expansion present unique challenges: market selection requires careful assessment of geopolitical uncertainties and inflation pressures; business expansion faces compliance and project delay issues; stable operations necessitate ongoing risk evaluations; and divestment considerations involve protecting senior personnel from potential liabilities [1] Group 3: Human Capital Challenges - Companies must address human capital challenges when expanding overseas, such as compliance with local labor laws, attracting and retaining international talent, overcoming cross-cultural integration issues, building corporate culture, and fostering a sense of belonging among employees [2]

Core Insights - Marsh, part of Marsh McLennan, has completed the acquisition of Mitsubishi Electric Insurance Service, now operating as MEIS Insurance Services under Marsh Japan [1][2] - The acquisition aims to enhance service delivery and broaden the product portfolio for clients in Japan [5] Company Overview - MEIS was established in 1999 and offers a variety of insurance options including cargo, commercial auto, cyber, and workers compensation [2] - The company also provides non-life and life insurance, as well as medical and nursing care coverage [2] Leadership Changes - Ichiro Seino has been appointed as president and CEO of MEIS, bringing extensive experience from his tenure at Marsh Japan since 1995 [3][4] - Katsuya Furuta, the previous leader of Mitsubishi Electric Insurance Service, will serve as chairman of MEIS [3] Strategic Goals - Seino emphasized the commitment to maintaining reliable service while leveraging Marsh's global resources to enhance client value across Japan [4] - Marsh Japan's CEO, Chikara Nakanishi, highlighted the strategic benefits of combining leadership and expertise from both MEIS and Marsh to improve client offerings [5]

Core Viewpoint - BofA Securities has downgraded Marsh & McLennan Cos. to Underperform from Neutral, lowering the price target to $181 from $243 due to a weaker outlook for organic growth and challenges in the property insurance market [1] Group 1: Company Outlook - The firm anticipates slower organic revenue growth as property rate softness and broader economic uncertainty impact performance [1] - Near-term growth catalysts are seen as limited, with expectations for margin expansion being more muted than previously thought [1] Group 2: Earnings Projections - BofA has revised down its earnings projections, now forecasting 2027 EPS at $10.50, which is below the current consensus estimate of $11.14 [2] - There is a warning that Marsh & McLennan may miss consensus expectations due to slower growth and reduced profitability affecting results in upcoming quarters [2]

Core Insights - The average employee salary in China is projected to rise to 4.0% in 2026, an increase from 3.8% in 2025 [1] Group 1: Salary Trends - Mercer's Total Remuneration Survey 2026 indicates remuneration trends across 4,000 companies in China [1]

Core Insights - CADINHA & CO LLC reduced its stake in Marsh & McLennan Companies by selling 79,802 shares valued at approximately $16.41 million, reflecting a cautious sentiment among investors in consulting firms as market conditions evolve [2][6] Company Overview - Marsh & McLennan Companies, Inc. is a global leader in professional services, focusing on risk, insurance, and consulting solutions, with a revenue of $26.45 billion and a net income of $4.13 billion [4] - The company has a diversified business model, generating revenue primarily through service fees, commissions from insurance broking, and consulting engagements for corporate and institutional clients [5] Financial Performance - As of October 16, 2025, shares of Marsh & McLennan Companies were priced at $186.48, which represents an 18.18% decline over the past year, underperforming the S&P 500 by 30.19 percentage points [3] Portfolio Impact - The sale of shares reduced Marsh & McLennan's weight in CADINHA & CO's portfolio to 0.08%, moving it outside the fund's top five holdings [2][3] Market Position and Strategy - Marsh & McLennan's consulting services are central to its offerings, with a focus on strategy and risk management rather than direct insurance sales [7] - The company's various divisions, including Marsh brokerage and Guy Carpenter reinsurance, create a self-sustaining loop of data and advisory demand, reinforcing its competitive advantage [8] Long-term Outlook - As global risks such as cyber threats and climate shocks become more prevalent, the demand for Marsh & McLennan's expertise in measuring exposure and negotiating protection is expected to grow, enhancing its value proposition in the market [9]

Core Insights - Global commercial insurance rates fell by 4% in Q3 2025, marking the fifth consecutive quarterly decrease, driven by increased competition among insurers and favorable reinsurance pricing [1][3][5] - All global regions experienced year-over-year composite rate decreases, with the Pacific region seeing the largest decline at 11% [2][5] - Casualty rates increased by 3% globally, primarily due to an 8% increase in the US, while property rates declined by 8% globally [5] Summary by Category Global Insurance Market Trends - The overall composite rate in the US declined by 1% in Q3 2025, following a flat rate in Q2 2025 [2] - The trend of declining rates began in Q1 2021, reversing a seven-year period of increases [3] Regional Performance - The Pacific region experienced the largest composite rate decrease at 11%, followed by Latin America and the Caribbean (6%) and the UK (6%) [2] - Rates in Asia and India, as well as the Middle East and Africa, declined by 5% each, while Europe saw a 4% decrease and Canada a 3% decrease [2] Specific Insurance Lines - Property insurance rates declined by 8% globally, with the Pacific region experiencing a 14% decrease [5] - Financial and professional lines saw a 5% decrease globally, with the Pacific region experiencing the largest drop at 10% [5] - Cyber insurance rates decreased by 6% globally, with Europe seeing a 12% decline [5]