2024-04-29 04:18:42 ET
Summary
- Marsh & McLennan Companies has seen a 9.25% YoY increase in total revenues in Q1 2024.
- MMC's value proposition includes strong revenue growth, expense-base management, and substantial free cash flow growth.
- MMC is undervalued compared to its peers and has demonstrated strong growth potential, superior capital returns, and financial discipline.
Marsh & McLennan Companies ( MMC ) is a global professional services corporation with businesses spanning insurance brokerage, risk management, human resources, investment advisory, management consulting, and reinsurance, among others. The firm primarily conducts its operations through four primary businesses; Marsh, which provides insurance brokerage and risk management services; Guy Carpenter, which comprises MMC's reinsurance business; Mercer, representing MMC's consulting, human resources, and financial services consulting branch; and Oliver Wyman, MMC's management consulting arm....
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For further details see:
Marsh & McLennan: Scale Advantage And Macro Uncertainty Support Growth Story