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Marsh & Mclennan - MMC STOCK NEWS

Welcome to our dedicated page for Marsh & Mclennan news (Ticker: MMC), a resource for investors and traders seeking the latest updates and insights on Marsh & Mclennan stock.

Marsh & McLennan (NYSE: MMC) is a global leader in professional services specializing in risk management, insurance brokerage, and strategic consulting. This dedicated news hub provides investors and industry professionals with verified updates directly from the company and authoritative third-party analysis.

Access comprehensive collection of earnings reports, strategic initiatives, and leadership updates alongside expert commentary on MMC's market position. Our curated feed simplifies tracking regulatory developments and industry trends impacting this Fortune 500 firm.

Key coverage areas: quarterly financial disclosures, mergers & acquisitions activity, corporate governance changes, and recognition within insurance/consulting sectors. All content undergoes strict verification to ensure compliance with financial reporting standards.

Bookmark this page for real-time updates on MMC's global operations across 130+ countries. Monitor critical developments in risk solutions through Marsh, reinsurance advisory via Guy Carpenter, and consulting services from Mercer/Oliver Wyman through one centralized source.

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Mercer, a global leader in redefining the world of work, has appointed Jeff Elliott as Global Chief Operating Officer (COO). Mr. Elliott will lead and enhance Mercer's operations and technology globally while retaining his role as Mercer's US & Canada COO. He joins the Mercer Executive Committee and reports to Martine Ferland, President and CEO of Mercer.
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Bain Capital Insurance has closed its inaugural private equity fund, Bain Capital Insurance Fund, at $1.15 billion, surpassing its target of $750 million. The fund includes $1 billion from institutional investors and high-net-worth individuals, with the remaining balance contributed by Bain Capital employees. The fund focuses on middle market transactions in North America and Europe across the insurance value chain. It concentrates on corporate transformations, launching new insurance platforms, and event-driven investments.
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Marsh McLennan (NYSE: MMC) has announced a significant increase in its quarterly dividend. The company's Board of Directors has declared a 20% increase in the quarterly dividend, raising it from $0.590 to $0.710 per share on outstanding common stock. This increased dividend will be payable on August 15, 2023, to stockholders of record as of July 27, 2023.

This substantial dividend hike demonstrates Marsh McLennan's strong financial position and commitment to delivering value to its shareholders. The decision reflects the company's confidence in its future performance and ability to generate consistent cash flows.

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Marsh McLennan Agency, a subsidiary of Marsh, has acquired Integrity HR, Inc., a human resources consulting firm based in Louisville, Kentucky. The terms of the acquisition were not disclosed. Integrity HR serves midsize clients across industries and will become part of Marsh McLennan Agency’s national Employee Health & Benefits division. The acquisition will expand the division's offerings to include compensation consulting, executive succession planning, and talent acquisition.
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Aptia, a new company formed from the purchase of Mercer's U.S. health and benefits administration and U.K. pension administration businesses, has launched with support from Bain Capital Insurance. Aptia will provide service and benefits plan management to over 5 million lives and 1,100 clients. The company will be led by experienced industry executives and will focus on employee benefits administration and specialist pension administration.
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Marsh & Mclennan

NYSE:MMC

MMC Rankings

MMC Stock Data

116.98B
492.26M
0.1%
92.16%
1.1%
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