Marsh & McLennan income up
Marsh & McLennan Cos. Inc. reported net income of $329 million for the quarter ended June 30, compared with $282 million in the second quarter of 2011. The company’s consolidated revenue in the second quarter of 2012 was $3 billion, an increase of 3 percent from the year-ago quarter. Operating income rose 11 percent to $518 million. Brian Duperreault, Marsh & McLennan’s CEO, said the company produced revenue growth in each of its operating companies “as well as excellent growth in operating income in both Risk and Insurance Services and Consulting, with meaningful margin improvement.”
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