Marsh & McLennan earns $221 million on falling expenses, improving insurance business NEW YORK November 4, 2009 (AP) The Associated Press Post a Comment Marsh & McLennan says it returned to profitability in the third quarter...
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Results were aided by significant expense reduction, strong margin improvement in the Risk and Insurance Services as a result of improved profitability at Marsh and Guy Carpenter, and were offset by decline in the Consulting...
NEW YORK—Significant cost-cutting more than offset declining revenues at Marsh & McLennan Cos. Inc., which on Wednesday reported a nine-month profit of $204 million despite the difficult insurance and economic environments.
NEW YORK (MarketWatch) -- Marsh & McLennan Cos. Inc. /quotes/comstock/13*!mmc/quotes/nls/mmc (MMC 23.16, -0.21, -0.90%) said Wednesday that its third-quarter profit was $221 million, or 41 cents a share, compared to a loss of...
Firm says revenue falls more than 10% , MarketWatch NEW YORK (MarketWatch) -- Marsh & McLennan Cos. reported a swing to a quarterly profit Wednesday as the insurance broker tried to tackle the effects of a global economic...
NEW YORK (Reuters)—Marsh & McLennan Cos. Inc., the second-largest global insurance broker by assets, posted a better-than-expected quarterly profit as significantly lower expenses offset a decline in revenue.
NEW YORK – Marsh & McLennan Cos. said Wednesday it returned to profitability in the third quarter amid improving earnings in its risk and insurance services division and a decline in expenses. Ongoing weakness in the global...
Insurance brokerage Marsh & McLennan Companies Inc. (MMC: News ) posted a profit for the third-quarter, as significant reduction in costs offset the lower revenues. The New York-based company's net income attributable to MMC...
Despite earnings of $221 million for the quarter, ongoing weakness in the global economy continued to hurt Marsh & McLennan's consulting and technology divisions. (AP) - Marsh & McLennan Cos. said Wednesday it returned to...
Marsh & McLennan reports quarterly profit Firm says revenue falls more than 10% , MarketWatch NEW YORK (MarketWatch) -- Marsh & McLennan Cos. reported a swing to a quarterly profit Wednesday as the insurance broker tried to...
Marsh & McLennan Cos. said Wednesday it returned to profitability in the third quarter amid improving earnings in its risk and insurance services division and a decline in expenses. Just as it did in the second quarter, the New...