On this page of StockholderLetter.com we present the latest annual shareholder letter from MARSH & MCLENNAN COMPANIES, INC. — ticker symbol MMC. Reading current and past MMC letters to shareholders can bring important insights into the investment thesis.

 •  3/31/2026 Letter Continued (Full PDF)
 •  3/31/2023 MMC Stockholder Letter
 •  3/29/2024 MMC Stockholder Letter
 •  3/28/2025 MMC Stockholder Letter
 •  More "Miscellaneous" Category Stockholder Letters
 •  MMC Benford's Law Stock Score = 100

MMC Shareholder/Stockholder Letter Transcript:

Annual Report
Thriving as one
2025

Thriving as one
Marsh is a global professional
services firm helping clients
navigate complexity and seize
opportunities with marketleading, specialized capabilities
across risk, reinsurance and
capital, people and investments,
and management consulting.
4
4

Annual Report 2025
What sets us apart?
Perspective.
To develop innovative answers and
craft powerful solutions for complex,
multidimensional challenges, clients need
a range of viewpoints     and a partner to
help them execute.
At Marsh, perspective is more than what we deliver. It   s embedded in
how we think, collaborate, and approach every challenge and opportunity.
It begins with our clients     we listen to learn what   s mission-critical today,
what   s essential tomorrow, and what goals we can help them achieve.
From there, we draw from wide-reaching points of view and sophisticated data
and analytics across a distinct set of capabilities to drive meaningful change.
We are committed partners, bringing together the unique expertise of
RXU    UP WR GHOLYHU DFWLRQDEOH VROXWLRQV 
That   s how we help clients and communities turn today   s most pressing
challenges into breakthrough opportunities.
Building the confidence to thrive through
the power of perspective.
1

3/31/2026 Letter Continued (Full PDF)

 

Nothing in StockholderLetter.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy.