NU Online News Service, Aug. 3, 12:17 p.m. EDT
Marsh & McLennan Companies reported solid gains in the 2010 second quarter, improving over last year's earnings loss from the same period.
The New York-based services firm, the parent company of insurance broker Marsh and reinsurance broker Guy Carpenter, today reported second-quarter net income rose $429 million to $236 million, compared to last year's loss of $193 million. Earnings per share improved 80 cents a share from a loss of 37 cents a share to 43 cents. Revenues increased 6 percent, or $136 million, to $2.6 billion for the quarter.
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
Already have an account? Sign In Now
© 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.
