The Zacks Consensus Estimate for Brown & Brown's current-year earnings is pegged at $3.51 per share, which indicates 24.9% year-over-year growth. It has witnessed five upward estimate revisions against none in the opposite direction during the past month. BRO beat earnings estimates in each of the past four quarters, with an average surprise of 11.9%. The consensus mark for ROOT's current-year earnings indicates a 35.6% year-over-year improvement. It beat earnings estimates in all the past four quarters, wi ...

The bottom line of Allstate outpaced earnings estimates in three of the last four quarters and missed the mark once, the average surprise being 41.88%. The Zacks Consensus Estimate for ALL's 2024 earnings is pegged at $15.13 per share, which indicates a nearly 16-fold increase from the prior-year figure. The consensus mark for revenues implies a year-over-year improvement of 9.4%. The consensus mark for Allstate's earnings has moved 2% north in the past 30 days. The global management consulting arm of Marsh ...

"Partnering with Oliver Wyman, we've seen the amazing transformations our teams can deliver for clients. Officially becoming an Oliver Wyman business will help us expand our footprint to deliver even greater impact for clients across the globe and provide more opportunities for our team members," said August Al-Uqdah, Partner and Co-Founder of Veritas. "We are excited for the next steps of our journey." Oliver Wyman is a global leader in management consulting. With offices in more than 70 cities across 30 c ...

| | | | | | | Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 | | | | | | | Q1 2024 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Revenue Growth (organic) | 6% | 13% | 13% | 10% | 10% | 10% | 8% | 7% | 9% | 11% | 10% | 7% | 9% | | Currency effect | 4% | 4% | 2% | 2% | -2% | 1 | -5% | -5% | -3% | -1% | 1% | 195 | 0% | | M&A effect | -1% | 2% | 1% | 3% | 1% | 1% | 0% | 1% | 1% | -1% | 2% | 2% | 1% | | Revenue G ...

Marsh & McLennan Companies, Inc.'s (MMC) Marsh McLennan Agency ("MMA"), a division of MMC's Marsh business, recently closed the buyout of Mississippi-based Fisher Brown Bottrell Insurance, Inc. (FBBINSURANCE). An agreement to acquire FBBINSURANCE was inked by MMA with Trustmark National Bank in April and was completed within the targeted timeline of the second quarter of 2024. Per the terms of the deal, Marsh McLennan Agency will pay a cash consideration of $315.9 million, subject to customary purchase pric ...

Marsh & McLennan Companies, Inc. (MMC) unit Marsh recently acquired Texas-based Perkins Insurance Agencies through its Marsh McLennan Agency subsidiary. The acquiree offers commercial property and casualty and personal lines coverage to businesses, families, non-profits and others in West Texas. Perkins Insurance, established in 1977, has developed specialized expertise in the farm and ranch, oil and gas, restaurant and trucking sectors. Financial terms of the deal are yet to be disclosed. Employees of the ...

Marsh & McLennan Companies, Inc.'s (MMC) business, Oliver Wyman, recently released a report, 'Why Generative AI Is a Game Changer for Leisure Travel,' highlighting AI's role in transforming how travelers plan vacations. It surveyed nearly 2,100 customers in Canada and the United States in March 2024. Highlights from the report are expected to aid Oliver Wyman in enhancing its offerings for its clients. Per the report, AI's role in itinerary planning and trip inspiration has increased as 41% of Canadians and ...

NEW YORK, May 24, 2024 /PRNewswire/ -- Generative artificial intelligence (AI) has rapidly gained traction in leisure travel transforming the way consumers approach vacation planning just in time for summer, according to a new report from consulting firm Oliver Wyman, a business of Marsh McLennan (NYSE: MMC). The report, titled, Why Generative AI Is a Game Changer for Leisure Travel found that 41% of Americans and Canadians surveyed have used generative AI for either trip inspiration or itinerary planning, ...

Marsh & McLennan Companies, Inc. (MMC) is well-poised for growth on the back of sustained demand for its products, new business growth, frequent acquisitions and a commendable financial position. Zacks Rank & Price Rally Marsh & McLennan currently carries a Zacks Rank #3 (Hold). The stock has gained 16.8% in the past year compared with the industry's 10.5% rise. Rising Estimates The Zacks Consensus Estimate for Marsh & McLennan's 2024 earnings is pegged at $8.71 per share, indicating a 9% increase from the ...

JHVEPhoto/iStock Editorial via Getty Images Marsh & McLennan Companies (NYSE:MMC) is a global professional services corporation with businesses spanning insurance brokerage, risk management, human resources, investment advisory, management consulting, and reinsurance, among others. The firm primarily conducts its operations through four primary businesses; Marsh, which provides insurance brokerage and risk management services; Guy Carpenter, which comprises MMC's reinsurance business; Mercer, representi ...