Profits rebound for Marsh owner in 2018

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Marsh & McLennan Companies (MMC) has posted profit of $1.65bn [£1.26bn] for 2018, up 10.5% from $1.49bn the year before when it was hit by substantial tax and pension costs.

The increase came as revenue rose by 6.6% to $14.95bn.

The breakdown of the figures showed the risk and insurance services division achieved a 7.8% uplift in revenue to $8.23bn. Operating income for the unit also rose by a similar 7.7% to $1.86bn.

Highlight
The parent company did not supply figures for the UK.

However,

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

To continue reading...

Sign In

Access Insurance Age

You are currently on corporate access.