Marsh & McLennan Companies logo

Marsh & McLennan Companies MMC

$ 222.22 0.68%

Quarterly report 2024-Q3
added 10-17-2024

report update icon

Country

usaUSA

IPO year

-

Industry

Insurance brokers

Stock Exchange

NYSESPB

CEO

Mr. Daniel Glaser

Employees in the company

76 000

Shares

494 M

Market Cap[1]

$ 110 B

EBITDA (LTM)

$ 6.03 B

P/E (LTM)

27.95

P/S (LTM)

4.72

EPS (LTM)

8.12

Marsh & McLennan Companies (MMC) is an international firm that specializes in solving complex problems in the areas of risk and insurance, human resources management, and consulting.

Founded in 1905, the company is now one of the largest players in the global insurance and risk management market. MMC provides its services to more than 130 countries worldwide through its subsidiaries Marsh, Guy Carpenter, Mercer, and Oliver Wyman.

Marsh is the company's division that specializes in insurance and risk management. It provides a wide range of services, including risk analysis, property insurance, liability, life and health insurance, as well as risk management services.

Guy Carpenter is the company's reinsurance division. It helps clients obtain protection against major risks such as natural disasters or catastrophes.

Mercer is the company's human resources management division. It provides services for managing pension programs, healthcare, and other social programs.

Oliver Wyman is the company's consulting division. It provides services for strategic planning, risk management, project management, and other types of consultations.

MMC is a leader in its industry and works with many large companies around the world. The company aims to help its clients minimize risks and achieve success in their businesses.

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References

  1. Pavone, P. (2019). Market capitalization and financial variables: Evidence from Italian listed companies. International Journal of Academic Research Business and Social Sciences, 9(3), 1356-1371.