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SUBS - Marsh & McLennan: Trees Don't Grow To The Sky But Brokers Might
May, 13 2022 01:46 PM
Fount Subscription Economy ETF
Marsh & McLennan is the top insurance broker and a rare example of a successful serial acquirer. Margins have expanded impressively in the last decade, overcoming a soft insurance market most of the time. The insurance market has improved lately, and premium pools are expected to grow strongly in the long term. MMC's valuation is not expensive relative to peers. For further details see:
Marsh & McLennan: Trees Don't Grow To The Sky, But Brokers Might
Stock Information
Company Name:
Fount Subscription Economy ETF
Stock Symbol:
SUBS
Market:
NYSE
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