Marsh & McLennan's chief executive officer called the company's results mixed, with challenges for parts of the business, but predicted the company would begin to see a better financial picture in 2006.

Michael G. Cherkasky, president and chief executive officer for New York-based MMC, said the company's earnings were "mixed, with challenges continuing in [Marsh]. That said, we continue to make the slow progress that 2006 will be a better year for MMC."

MMC is the parent of the insurance brokerage firm Marsh.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.