Marsh & McLennan Companies Reports Fourth Quarter 2011 Results
20.05.12
Brian Duperreault, President and CEO, said: “We are very pleased with
our Company's performance, both for the fourth quarter, and for the
entire year. For the second consecutive year, we achieved double-digit
growth in adjusted operating income. This growth was broad-based, with
both our Risk and Insurance Services and Consulting segments generating
double-digit growth in adjusted operating income.
“Marsh produced another year of excellent performance. In the fourth
quarter, new business development and high retention rates drove
underlying revenue growth across all geographies. Guy Carpenter also had
another outstanding year, surpassing $1 billion in revenue for the first
time in its history. Guy Carpenter continued its three year trend of
underlying revenue growth.
“At Mercer, Consulting and Investments continued to drive underlying
revenue growth in the quarter, as they did for the entire year. Despite
challenging economic conditions in Europe, Oliver Wyman generated
underlying revenue growth of 2% in the fourth quarter.
Source: Business Wire (press release)