Wednesday, May 03, 2006

Marsh & McLennan Companies, Inc. (MMC) Reports First Quarter 2006 Results

NEW YORK--(BUSINESS WIRE)--May 3, 2006--Marsh & McLennan Companies, Inc. (MMC) today reported financial results for the quarter ended March 31, 2006..........

Kroll increased revenues 4 percent to $243 million in the first quarter, or 6 percent on an underlying basis. Significant pricing pressures in the marketplace adversely affected Kroll's electronic discovery business, reducing both its revenues and profitability. Kroll's corporate advisory and restructuring business produced double-digit revenue growth, with particularly good performance in Europe. Background screening also reported double-digit revenue growth, with continued favorable domestic trends benefiting from higher unit volume.

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