| | | | | | | Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 | | | | | | | Q1 2024 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Revenue Growth (organic) | 6% | 13% | 13% | 10% | 10% | 10% | 8% | 7% | 9% | 11% | 10% | 7% | 9% | | Currency effect | 4% | 4% | 2% | 2% | -2% | 1 | -5% | -5% | -3% | -1% | 1% | 195 | 0% | | M&A effect | -1% | 2% | 1% | 3% | 1% | 1% | 0% | 1% | 1% | -1% | 2% | 2% | 1% | | Revenue G ...

Marsh & McLennan Companies, Inc.'s (MMC) Marsh McLennan Agency ("MMA"), a division of MMC's Marsh business, recently closed the buyout of Mississippi-based Fisher Brown Bottrell Insurance, Inc. (FBBINSURANCE). An agreement to acquire FBBINSURANCE was inked by MMA with Trustmark National Bank in April and was completed within the targeted timeline of the second quarter of 2024. Per the terms of the deal, Marsh McLennan Agency will pay a cash consideration of $315.9 million, subject to customary purchase pric ...

Marsh & McLennan Companies, Inc. (MMC) unit Marsh recently acquired Texas-based Perkins Insurance Agencies through its Marsh McLennan Agency subsidiary. The acquiree offers commercial property and casualty and personal lines coverage to businesses, families, non-profits and others in West Texas. Perkins Insurance, established in 1977, has developed specialized expertise in the farm and ranch, oil and gas, restaurant and trucking sectors. Financial terms of the deal are yet to be disclosed. Employees of the ...

Marsh & McLennan Companies, Inc.'s (MMC) business, Oliver Wyman, recently released a report, 'Why Generative AI Is a Game Changer for Leisure Travel,' highlighting AI's role in transforming how travelers plan vacations. It surveyed nearly 2,100 customers in Canada and the United States in March 2024. Highlights from the report are expected to aid Oliver Wyman in enhancing its offerings for its clients. Per the report, AI's role in itinerary planning and trip inspiration has increased as 41% of Canadians and ...

NEW YORK, May 24, 2024 /PRNewswire/ -- Generative artificial intelligence (AI) has rapidly gained traction in leisure travel transforming the way consumers approach vacation planning just in time for summer, according to a new report from consulting firm Oliver Wyman, a business of Marsh McLennan (NYSE: MMC). The report, titled, Why Generative AI Is a Game Changer for Leisure Travel found that 41% of Americans and Canadians surveyed have used generative AI for either trip inspiration or itinerary planning, ...

Marsh & McLennan Companies, Inc. (MMC) is well-poised for growth on the back of sustained demand for its products, new business growth, frequent acquisitions and a commendable financial position. Zacks Rank & Price Rally Marsh & McLennan currently carries a Zacks Rank #3 (Hold). The stock has gained 16.8% in the past year compared with the industry's 10.5% rise. Rising Estimates The Zacks Consensus Estimate for Marsh & McLennan's 2024 earnings is pegged at $8.71 per share, indicating a 9% increase from the ...

JHVEPhoto/iStock Editorial via Getty Images Marsh & McLennan Companies (NYSE:MMC) is a global professional services corporation with businesses spanning insurance brokerage, risk management, human resources, investment advisory, management consulting, and reinsurance, among others. The firm primarily conducts its operations through four primary businesses; Marsh, which provides insurance brokerage and risk management services; Guy Carpenter, which comprises MMC's reinsurance business; Mercer, representi ...

Risk analysis conducted by the newly formed National Commission on Climate and Workforce Health highlights need to bolster people, business, and economic resilience CEOs acknowledge extreme weather will be one of the most critical threats to their businesses in the next year. Yet only 17% of CEOs have invested in strategies to better protect employees from climate health risks. Exposure to more frequent extreme heat, poor air quality and unprecedented weather events directly impacts physical and mental heal ...

16 8. Acquisitions and Dispositions The Company's acquisitions have been accounted for as business combinations. Net assets and results of operations are included in the Company's consolidated financial statements commencing at the respective purchase closing dates. In connection with acquisitions, the Company records the estimated values of the net tangible assets and the identifiable intangible assets purchased, which typically consist of customer relationships, developed technology, trademarks and non-co ...

Marsh & McLennan Companies, Inc. (MMC) reported first-quarter 2024 adjusted earnings per share of $2.89, which surpassed the Zacks Consensus Estimate by 3.6%. The bottom line improved 14% year over year. Its shares gained 2.7% in the pre-market trading session to reflect the outperformance.Consolidated revenues of $6.5 billion advanced 9% year over year in the quarter under review. The figure also rose 9% on an underlying basis. Also, the top line beat the consensus mark by 1.5%.The quarterly results were a ...