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MMC Says 1Q Net Income Up, Despite Revenue Loss

Marsh & McLennan Companies Inc., the parent company of insurance broker Marsh and reinsurance broker Guy Carpenter, reported net income of $176 million, despite a 13 percent drop in revenues compared to last year.

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NU Online News Service, May 6, 2:10 p.m. EDT

Marsh & McLennan Companies Inc., the parent company of insurance broker Marsh and reinsurance broker Guy Carpenter, reported net income of $176 million, despite a 13 percent drop in revenues compared to last year.

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