MMC posts 2% organic broking growth in Q3

Marsh & McLennan Companies (MMC) posted a 2 percent
underlying increase in its overall insurance revenue to $1.6bn in
Q3, as both Marsh and Guy Carpenter delivered organic growth.
However, on a reported basis, broking revenue dropped by 2
percent to $1.58bn, as negative currency impacts outweighed the
both organic and acquisition-led growth.
Guy Carpenter's third quarter revenue was $261mn, an
increase of 2 percent on an underlying basis, marking a turnaround
from the 2 percent fall seen in