Marsh & McLennan Companies (MMC) Stock

CHICAGO--(BUSINESS WIRE)--ProSight Financial Association has released the findings of the fourth annual RMA Chief Risk Officer (CRO) Outlook Survey. Following the merger of RMA (Risk Management Association) and BAI this year, ProSight noted that the survey highlights how the financial services risk management landscape has been impacted by the regional bank crisis of 2023, with ongoing concerns about risks like cyber threats, fraud, and third-party issues. The survey was carried out in the summer of 2024 in collaboration with other organizations.

NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), a worldwide leader in risk, strategy, and workforce solutions, has finalized its acquisition of McGriff Insurance Services, LLC. As a result of this deal, over 3,500 employees from McGriff will become part of Marsh McLennan Agency. John Doyle, President and CEO of Marsh McLennan, expressed excitement about the addition of the McGriff team, noting that their expertise will enhance the value offered by Marsh McLennan Agency.

Marsh McLennan (NYSE: MMC) has announced that it has set the prices for several senior notes. This includes $950 million in 4.550% notes maturing in 2027, $1 billion in 4.650% notes due in 2030, and additional amounts for notes maturing in 2031, 2035, and 2044. The total amount of senior notes issued is significant, reaching up to $5.45 billion.

On Thursday, Marsh & McLennan MMC announced that their earnings for the third quarter were higher than anticipated.

Marsh & McLennan Companies, Inc. (NYSE:MMC) will hold its Q3 2024 Earnings Conference Call on October 17, 2024, at 8:00 AM ET. The call will feature key company leaders, including John Doyle, the President and CEO, and other executives from various divisions. Participants from several financial institutions will also join the call to discuss the earnings report.

Marsh & McLennan (MMC) reported quarterly earnings of $1.63 per share, which is higher than the Zacks Consensus Estimate of $1.61 per share. This is an increase compared to last year's earnings of $1.57 per share.

NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), a worldwide leader in risk, strategy, and workforce solutions, has shared its financial results for the third quarter ending September 30, 2024. John Doyle, the President and CEO, stated that this quarter was significant for the company as they achieved impressive results and revealed the acquisition of McGriff Insurance Services. Their performance showed ongoing progress, with a 5% increase in underlying revenue, a 110 basis point rise in margins, and adjusted earnings per share growth.

MMC's earnings for the third quarter are expected to have improved due to stronger results from its Risk and Insurance Services and Consulting divisions.

Marsh & McLennan (MMC) has the right mix of two important factors that could lead to better earnings in its next report. Be ready for the main expectations.