secwatch.observer — SEC 8-K summary
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Issuer:     MARSH & MCLENNAN COMPANIES, INC. (MRSH)
CIK:        0000062709
Form:       8-K
Filed at:   2024-01-25T23:59:59+00:00
Accession:  0000062709-24-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marsh McLennan Q4 2023: revenue up 11% to $5.6B; adj EPS $1.68 (+14%); full-year margin expands 130bps
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- Full-year 2023 revenue $22.7B (+10%); underlying growth 9%; GAAP EPS $7.53; adj EPS $7.99 (+17%).
- Q4 revenue $5.6B (+11%); GAAP EPS $1.52 (+63%); adj EPS $1.68 (+14%).
- Risk & Insurance Services Q4 rev $3.3B (+11%); Marsh underlying +6%, Guy Carpenter underlying +9%.
- Consulting Q4 rev $2.3B (+10%); Mercer underlying +5%, Oliver Wyman underlying +9%.
- Repurchased 1.3M shares for $250M in Q4; Honan Insurance Group acquisition completed in November.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/62709/000006270924000005/0000062709-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/62709/000006270924000005/mmc-20240125.htm
  HTML page:      https://secwatch.observer/filing/0000062709-24-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer