Analysts were mostly positive in response to Marsh & McLennan's first-quarter financial results, in which the company began to put regulatory troubles behind them, seeing net income more than triple over the same period in 2005 despite a 7 percent drop in brokerage revenues.

For the first quarter of 2006, New York-based MMC reported net income increased $282 million, from $134 million (25 cents a share) to $416 million (75 cents a share). Revenues declined slightly–by $45 million to $3.03 billion.

First-quarter 2005 results were impacted by regulatory and restructuring expenses along with the loss of contingent commissions starting with that period.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • 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

© 2025 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.