Marsh & McLennan Companies (MMC) has had a significantly eventful period. The firm witnessed increased hold recommendations, with resultant unusual-high trading volume on better-than-expected earnings. Q1 and Q2 2024 earnings beats are credited to strong EMEA unit and a solid Marsh unit respectively. Reports indicate Q4 2023 and 2024 beats on solid US business. Notably, the firm had dividend increment alongside ongoing acquisition sprees. These include AmeriStar Agency, Inc. AC Risk Management, and Hudson Shore Group -actions enhancing both commercial lines offerings and southeast presence. While Directorate changes including adding Jan Siegmund were reported, GC's Carter highlighted opportunities amidst chaos for 2024 Marsh McLennan Rising Professionals, revealing the launch of an AI-powered solution in transforming supply chain risk management and introducing the Oliver Wyman Vector. Drawbacks included Q2 earnings and revenue sequential slides and significant sales of company stock by executives; however, the operating margin improved. Meanwhile, MMC seeks to overturn a data breach ruling threatening the onset of several litigations.
