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Marsh McLennan caps document 12 months with sturdy This fall outcomes, earnings surge

whysavetoday by whysavetoday
February 1, 2025
in Insurance
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Marsh McLennan caps document 12 months with sturdy This fall outcomes, earnings surge
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Mercer, Marsh’s HR and funding consulting unit, posted This fall income of $1.5 billion, a 3% enhance (5% underlying). Development was led by Wealth (up 4% underlying), Well being (up 5% underlying), and Profession (up 7% underlying). For the complete 12 months, Mercer’s income elevated 3% (5% underlying). Oliver Wyman, the agency’s administration consulting arm, reported This fall income of $954 million, up 11% (7% underlying). For the complete 12 months, Oliver Wyman’s income elevated 9% (6% underlying) to $3.4 billion.

Marsh McLennan accomplished the acquisition of McGriff Insurance coverage Companies, LLC for $7.75 billion in November 2024, marking the most important acquisition within the firm’s historical past. The corporate issued $7.25 billion in senior notes to help the transaction. Moreover, Marsh McLennan repurchased 4.3 million shares for $900 million in the course of the 12 months.

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Tags: CapsearningsMarshMcLennanRecordresultsstrongsurgeyear
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