Marsh & McLennan Companies, Inc., a professional services firm, provides advice and solutions in the areas of risk, strategy, and people worldwide. It operates through two segments, Risk and Insurance Services; and Consulting.
The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, risk control, and mitigation solutions, as well as insurance, reinsurance broking, catastrophe and financial modeling services, and related advisory services. This segment serves businesses, public entities, insurance companies, associations, professional services organizations, and private clients.
The Consulting segment provides health, retirement, talent, and investments consulting services and products; and specialized management, and economic and brand consulting services. This segment assists public and private sector employers in the design, management, and administration of employee health care programs; provides a range of strategic and compliance-related retirement services and solutions to corporate, governmental, and institutional clients; advises organizations on the engagement, management, and rewarding of employees; and offers investment consulting and other services to the sponsors of pension funds, foundations, endowments, other investors, and wealth management companies.
Closing share price
|FY, 2013||FY, 2014||FY, 2015||FY, 2016|
|$12.3 b||$13 b||$12.9 b||$13.2 b|
Revenue growth, %
Operating expense total
|$10.2 b||$10.7 b||$10.5 b|
|$2.1 b||$2.3 b||$2.4 b||$633 m|
|($167 m)||($165 m)||($163 m)||($189 m)|
|$18 m||$21 m||$13 m||$5 m|
Income tax expense
|$594 m||$586 m||$671 m||$685 m|
Pre tax profit
|$2 b||$2.1 b||$2.3 b||$2.5 b|
|$1.4 b||$1.5 b||$1.6 b||$1.8 b|
Operating cash flow
|$2 m||($345 m)||($584 m)|