28-04-2016 15:44 via insuranceinsider.com

MMC posts 2% organic growth

Marsh & McLennan Companies (MMC) has today (29 April)
reported organic growth for the first quarter of 2016 in both its
insurance and reinsurance broking arms despite continued rating
pressure.
First quarter revenue generated by MMC's risk and insurance
services unit, which includes insurance broker Marsh and
reinsurance intermediary Guy Carpenter, totalled $1.9bn - an
increase of 2 percent on an underlying basis.
Earnings per share of $0.91 were modestly ahead of the Wall
Street consensus o
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