Broker Marsh & McLennan Cos. reported second-quarter net income of $388 million, compared to $329 million in the same period last year. Risk and insurance services revenue increased to $1.7 billion in the second quarter, while operating income for the segment rose 8% to $421 million.Dan Glaser, president and chief executive officer of Marsh, said adjusted operating income for the quarter grew 17%, reflecting excellent margin expansion in both the risk and insurance services and consulting segments.Consulting segment revenue was up 1% to $1.4 billion, while operating income rose 12% to $205...
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