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Valued at a market cap of $113.5 billion, Marsh & McLennan Companies, Inc. (MMC) is a global professional services firm providing risk and insurance solutions through Marsh and Guy Carpenter, alongside consulting services via Mercer and Oliver Wyman. Headquartered in New York, it serves businesses, public entities, and private clients worldwide.
The insurance broker's shares have underperformed the broader market over the past 52 weeks. MMC has increased 15.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 22.8%. However, shares of MMC are up 8.8% on a YTD basis, outpacing SPX’s 4.5% gain.