Company Profile For Marsh & McLennan Companies, Inc.

Marsh & McLennan Companies, Inc. (MMC.N) (New York Stock Exchange)

sector: Industrials · industry: Commercial Services & Supplies ·

As of 11:02pm IST

22.74USD

Price Change

+0.05

Percent Change

+0.22%

Analyst Recommendations

Overview

Marsh & McLennan Companies, Inc. (MMC) is a global professional services firm providing advice and solutions in the areas of risk, strategy and human capital. The Company is the parent company of a number of risk experts and specialty consultants, including Marsh, the insurance broker, intermediary and risk advisor; Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of human resource (HR) and related financial advice and services; Oliver Wyman Group, the management consultancy, and Kroll, the risk consulting firm. MMC conducts business through three segments: Risk and Insurance Services, Consulting and Risk Consulting and Technology. During the year ended December 31, 2008, Marsh established the Marsh & McLennan Agency to service small to middle market organizations that tend to be United States-based firms with little overseas insurance needs

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Marsh & McLennan Companies, Inc.'s revenues decreased 13% to $7.74B. Net income from continuing operations totaled $225M vs. a loss of $149M. Revenues reflect a decrease in risk and insurance services and lower consulting segment income. Net income reflects a decrease in compensation & benefits expenses, lower other operating expenses and decreased ggodwill impairment charges.