Marsh McLennan Q3: Brokerage supercycle continues to run in a high gear
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Marsh McLennan Q3: Brokerage supercycle continues to run in a high gear

Insurance Insider US Research
October 22, 2021
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A3 Marsh global composite.jpg

In September 2018, shortly after commercial pricing turned positive, Marsh McLennan announced the acquisition of JLT. The transaction positioned the company for long-term growth, with Marsh buying a faster-growing revenue mix with attractive exposure to emerging markets.

However, the acquisition, which closed in 2019, led to Marsh McLennan playing defense on talent leakage and working to manage morale as is typically needed you pull the expense levers.

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