NU Online News Service, Aug. 3, 12:04 p.m. EDT
Marsh & McLennan reports net income increased 19 percent in the second quarter, driven by new business and strong retention in its insurance brokerage arm, according to one executive.
The parent company of insurance broker Marsh and reinsurance broker Guy Carpenter, says second quarter net income increased $46 million to $282 million. Revenues increased 12 percent, or $322 million, to $2.9 billion.
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