MARSH MCLENNAN


Associated tags: Marsh McLennan, McLennan, Private sector, Workforce, Marsh, Insurance, MMC, Environment, Professional Services, Finance, NYSE, Consulting, Human Resources, Accounting

Locations: UK, CANADA, RUSSIA, COLUMBUS CIRCLE, ASIA, LATIN AMERICA, AUSTRALIA/OCEANIA, AUSTRALIA, LONDON, GA, AMERICAS, NEW ZEALAND, UNITED STATES, NORTH AMERICA, NEW YORK, EUROPE

Marsh McLennan launches AI-powered solution to transform supply chain risk management

Retrieved on: 
Thursday, May 2, 2024

Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy, and people, today announced the launch of Sentrisk, a cutting-edge AI-powered platform with integrated advisory services that will redesign the way businesses manage global supply chain risk.

Key Points: 
  • Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy, and people, today announced the launch of Sentrisk, a cutting-edge AI-powered platform with integrated advisory services that will redesign the way businesses manage global supply chain risk.
  • Created through the combined capabilities of Marsh McLennan businesses Marsh and Oliver Wyman, Sentrisk uses advanced technologies such as supply chain mapping AI and geospatial satellite imaging.
  • These powerful tools will enable organizations to map their supply chains more comprehensively than ever before and develop risk mitigation, transfer, and management strategies that more closely align to their business needs.
  • Users are provided with a comprehensive assessment of their supply chain risks, alerts of disruptions near critical assets, and access to risk advisory services from Marsh and Oliver Wyman.

Marsh McLennan Reports First Quarter 2024 Results

Retrieved on: 
Thursday, April 18, 2024

Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, today reported financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, today reported financial results for the first quarter ended March 31, 2024.
  • Consolidated revenue in the first quarter of 2024 was $6.5 billion, an increase of 9% compared with the first quarter of 2023.
  • Oliver Wyman’s revenue in the first quarter of 2024 was $789 million, an increase of 13% on an underlying basis.
  • A conference call to discuss first quarter 2024 results will be held today at 8:30 a.m. Eastern time.

Three-Quarters of Insurers Invest in Private Markets or Plan to Do So as Firms Put Excess Cash to Work, According to Mercer-Oliver Wyman Global Insurance Survey

Retrieved on: 
Wednesday, April 10, 2024

Drawing on insights of more than 80 insurers globally, the survey highlights their investment and portfolio positioning plans for 2024 and beyond.

Key Points: 
  • Drawing on insights of more than 80 insurers globally, the survey highlights their investment and portfolio positioning plans for 2024 and beyond.
  • The survey reinforces the degree to which private markets allocations have become a mainstay of insurance portfolios.
  • Almost three-quarters (73%) of insurers currently invest in private markets or plan to do so in 2024, and nearly four in 10 (39%) intend to increase their private markets allocations.
  • A third (32%) of insurers intend to increase asset allocations to private debt this year, up from 27% in 2023.

Marsh McLennan to Host First Quarter Earnings Investor Call on April 18

Retrieved on: 
Thursday, March 21, 2024

Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, will announce first quarter financial results via news release on Thursday, April 18, 2024, before the market opens.

Key Points: 
  • Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, will announce first quarter financial results via news release on Thursday, April 18, 2024, before the market opens.
  • Following the news release, President and CEO John Doyle and CFO Mark McGivney will lead a teleconference with investors at 8:30 a.m. EDT.
  • The live audio webcast will be accessible on marshmclennan.com , and a replay will be available approximately two hours after the event.
  • Those interested in participating in the question-and-answer session may register here to receive the dial-in numbers and unique PIN to access the call.

Marsh McLennan Declares Quarterly Cash Dividend

Retrieved on: 
Wednesday, March 13, 2024

The Board of Directors of Marsh McLennan (NYSE: MMC) today declared a quarterly dividend of $0.710 per share on outstanding common stock, payable on May 15, 2024 to stockholders of record on April 4, 2024.

Key Points: 

The Board of Directors of Marsh McLennan (NYSE: MMC) today declared a quarterly dividend of $0.710 per share on outstanding common stock, payable on May 15, 2024 to stockholders of record on April 4, 2024.

Unity insurance facility expanded to cover all shipping to and from Ukrainian ports

Retrieved on: 
Friday, March 1, 2024

Unity now provides affordable war risk insurance for ships carrying all non-military cargo – such as iron ore, steel, and containerised shipping – and underpins Ukraine’s wider maritime export ecosystem.

Key Points: 
  • Unity now provides affordable war risk insurance for ships carrying all non-military cargo – such as iron ore, steel, and containerised shipping – and underpins Ukraine’s wider maritime export ecosystem.
  • In addition to grain, Unity now provides cover for Ukraine’s other leading export industries including iron ore, steel, electrical equipment, and animal fodder.
  • Underwritten by insurers based at Lloyd’s and other London-based insurers, and led by Ascot, Unity provides up to US$50 million in hull and P&I war risk insurance.
  • New partnerships between the public and private sector, including the expansion of the Marsh Unity facility, are the hallmark of the Lloyd’s market, bringing insurance experts and policymakers together to solve complex risks.”

Marsh McLennan Announces Pricing of $1,000,000,000 Senior Notes Offering

Retrieved on: 
Wednesday, February 14, 2024

Marsh McLennan (NYSE: MMC) (the “Company”) announced today that it has priced $500,000,000 aggregate principal amount of its 5.150% Senior Notes due 2034 (the “2034 Notes”) and $500,000,000 aggregate principal amount of its 5.450% Senior Notes due 2054 (the “2054 Notes” and, together with the 2034 Notes, the “Notes”).

Key Points: 
  • Marsh McLennan (NYSE: MMC) (the “Company”) announced today that it has priced $500,000,000 aggregate principal amount of its 5.150% Senior Notes due 2034 (the “2034 Notes”) and $500,000,000 aggregate principal amount of its 5.450% Senior Notes due 2054 (the “2054 Notes” and, together with the 2034 Notes, the “Notes”).
  • The Company intends to use the net proceeds from the Notes offering for general corporate purposes.
  • The closing of the Notes offering is expected to occur on February 20, 2024, subject to the satisfaction of certain customary closing conditions.
  • The offering and sale of the Notes are being made by means of a prospectus supplement and an accompanying base prospectus related to the offering.

Marsh McLennan Reports Fourth Quarter and Full-year 2023 Results

Retrieved on: 
Thursday, January 25, 2024

Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, today reported financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, today reported financial results for the fourth quarter and year ended December 31, 2023.
  • John Doyle, President and CEO, said: "Our fourth quarter results highlight a strong finish to another outstanding year for Marsh McLennan.
  • Consolidated revenue in the fourth quarter of 2023 was $5.6 billion, an increase of 11% compared with the fourth quarter of 2022, or an increase of 7% on an underlying basis.
  • A conference call to discuss fourth quarter 2023 results will be held today at 8:30 a.m. Eastern time.

Marsh McLennan Declares Quarterly Cash Dividend

Retrieved on: 
Wednesday, January 10, 2024

The Board of Directors of Marsh McLennan (NYSE: MMC) today declared a quarterly dividend of $0.710 per share on outstanding common stock, payable on February 15, 2024, to stockholders of record on January 25, 2024.

Key Points: 

The Board of Directors of Marsh McLennan (NYSE: MMC) today declared a quarterly dividend of $0.710 per share on outstanding common stock, payable on February 15, 2024, to stockholders of record on January 25, 2024.

Marsh McLennan to Host Fourth Quarter Earnings Investor Call on January 25

Retrieved on: 
Tuesday, January 2, 2024

Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, will announce fourth quarter financial results via news release on Thursday, January 25, 2024, before the market opens.

Key Points: 
  • Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, will announce fourth quarter financial results via news release on Thursday, January 25, 2024, before the market opens.
  • Following the news release, President and CEO John Doyle and CFO Mark McGivney will lead a teleconference with investors at 8:30 a.m. EST.
  • The live audio webcast will be accessible on marshmclennan.com , and a replay will be available approximately two hours after the event.
  • Those interested in participating in the question-and-answer session may register here to receive the dial-in numbers and unique PIN to access the call.