Marsh & McLennan Companies Inc Stock News

Marsh & McLennan Companies, Inc. (NYSE:MMC ) Q2 2023 Earnings Call July 20, 2023 8:30 AM ET Company Participants John Q. Doyle - President and Chief Executive Officer Mark McGivney - Chief Financial O

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Marsh & McLennan's (MMC) second-quarter results benefit on strong contributions from Risk and Insurance Services as well as Consulting units, partly offset by higher compensation and benefits.

Marsh & McLennan (MMC) came out with quarterly earnings of $2.20 per share, beating the Zacks Consensus Estimate of $2.12 per share. This compares to earnings of $1.89 per share a year ago.

Marsh & McLennan (MMC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

We have narrowed our search to five companies that are set to declare second-quarter earnings results this month. These are: MMC, KNSL, RLI, BMI, CCI.

The second-quarter results of Marsh & McLennan (MMC) are likely to reflect strong international operations in the Risk and Insurance Services unit.

Marsh & McLennan Companies' (MMC) subsidiary strengthens its position in the healthcare industry through the acquisition of Trideo Systems.

Marsh & McLennan's (MMC) dividend hike reflects its strong capital position. Its cash generation capabilities are supported by its sustained solid operational performance.

Marsh & McLennan's (MMC) unit MMA acquires Kentucky-based Integrity HR to better serve its midsize clients and bolster its nationwide presence.

Marsh & McLennan (MMC) collaborates with the Ukrainian government to help it access the commercial insurance market.

Marsh & McLennan (MMC) is currently aided by higher insurance rates, its strong segmental performance and a tactical capital deployment record.

MMA acquires Texas-based SOLV to boost the capabilities and geographic presence of Marsh & McLennan (MMC).

Increased demand for insurance products, given an aging population, baby boomers and millennials, and the adoption of technology should drive insurance brokers like MMC, AON, BRO, ERIE and RYAN.

The acquisition is anticipated to boost demand for Marsh & McLennan's (MMC) business Guy Carpenter's insurtech expertise in the Israeli market.