Marsh & McLennan Posts Higher Profit
NU Online News Service, July 22 7:21 p.m. EDT?Marsh & McLennan Companies Inc., the parent company of Marsh Inc., the world's biggest insurance broker, posted $365 million for its second-quarter net income–8.6 percent higher than $336 million in profit it reported a year ago.
The company attributed this improvement to higher revenues, led by its Marsh risk and insurance services unit which posted double-digit revenue growth.
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