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Bruce P. Nolop brings four-bagger value to Marsh & McLennan 16 January 2018

NEWS BITES - PEOPLE IN BUSINESS

Bruce P. Nolop was appointed Director of Marsh & McLennan (NYSE:MMC) ten years ago on January 16, 2008. The present value of USD1,000 (PV1000) invested on the appointment date is $US4,400, for a capital gain of $US2,889 and dividend reinvested of $US512.

SECTION 1 BIOGRAPHY BRUCE P. NOLOP, DIRECTOR

Mr. Nolop, age 65, retired in 2011 from E*TRADE Financial Corporation, where he served as Executive Vice President and Chief Financial Officer from September 2008 through 2010. Previously he was Executive Vice President and Chief Financial Officer of Pitney Bowes Inc. from 2000 to 2008 and Managing Director of Wasserstein Perella from 1993 to 2000. Prior thereto he held positions with Goldman, Sachs & Co., Kimberly-Clark Corporation and Morgan Stanley & Co. Mr. Nolop also serves on the Board of Directors of TEGNA Inc. (formerly Gannett Co., Inc.), On Deck Capital, Inc. and privately-held CLS Group Holdings AG.

We believe Mr. Nolop's qualifications to sit on our Board of Directors include his experience in financial accounting and corporate finance and his familiarity with internal financial controls and strategic transactions acquired through executive-level finance positions held in public companies and 18 years' experience as an investment banker.

SECTION 2 MARSH & MCLENNAN COMPANIES, INC. PRICE PERFORMANCE SCORECARD (NYSE:MMC):

+ Marsh & McLennan Companies, Inc. is placed 857/2,521 in the BSS News Bites ranking of price performance of NYSE stocks in the past year, a percentile ranking of 66.

2.1 MCap History:

In the past 5 years Market Capitalization has increased by $US22.6 billion from $US19.2 billion to $US41.7 billion. Based on a dynamic start date of 5 years ago, there has been only 1 decline in MCap over the last 5 years.

PriceMCap (US$ B)
Last$US81.7441.7
1 Year ago$US67.2534.8
2 Years ago$US51.4027.2
3 Years ago$US55.7030.8
4 Years ago$US46.1126.5
5 Years ago$US32.9719.2

2.2 Moving Annual Return (Trailing 12 months):

Based on a dynamic start date of 5 years ago, the Moving Annual Return has been positive in 4 of the last 5 years. An investment in MMC a year ago would have produced a return of 23.4%

MMCCloseDividendsCapital Gain / (Loss) %% YieldAnnual Return %
Last Traded Jan 12$US81.74$US1.4321.52.123.4
1 Year ago$US67.40$US1.3029.92.532.4
2 Years ago$US51.88$US1.18(5.8)2.1-3.6
3 Years ago$US55.07$US1.0619.42.321.7
4 Years ago$US46.1196.0c39.92.942.8

Close 5 years ago $US32.97.

2.3 Present Value of $US1000 invested in the past

The present value of $US1000 invested a year ago is $US1,238

PV$10001-week1-month1-year
MMC.NYSE9869661,238
S&P 500 Index1,0191,0361,227

2.4 Trailing Price Change %

1-Year price change for Marsh & McLennan was 21.5%. Compared with the S&P 500 Index which rose 22.4% in the year, the relative price change was -0.9%.

Price Change %1-Month3-Month1-Year
MMC-3.4-2.221.5
Insurance sector-2.35.112.7
S&P 500 Index4.69.222.4

SECTION 3 MARSH & MCLENNAN COMPANIES, INC. FINANCIALS AND GROWTH PERFORMANCE SCORECARD (NYSE:MMC):

3.1 Key Financials (All figures percent)

Return on Equity has improved from 16.9% in 2013 to 29.0% in 2016 and Operating Margin has improved from 17.5% in 2013 to 20.2% in 2016.

MMCRevenue GrowthEPS GrowthOperating MarginROE
20162.513.420.229
2015-0.412.519.225.3
20144.99.117.220.2
20133.114.117.516.9

3.3 Performance (All figures in %)

Net Profit Margin 10-year average is 8.7% and Return on Equity 10-year average is 15.6%.

DescriptionAnnual10-year Avg
EBITDA Margin20.215.6
Operating Profit Margin20.213.4
Net Profit Margin13.68.7
Return on Equity29.015.6
Return on Assets9.96.2
Return on Capital Employed18.912.2

3.4 High Performance Indicators:

DescriptionValueRank In NYSE Market
Turnover in Quarter$US8.8 billionIn Top 9%
Return on Assets [ROA] %9.9In Top Quartile
Return on Capital Employed [ROCE] %18.9In Top Quartile
Interest Cover14.1In Top Quartile

SECTION 4 MARSH & MCLENNAN COMPANIES, INC. MARKET POSITION AND GLOBAL RANK (NYSE:MMC):

4.1 Market Position

Marsh & McLennan Companies, Inc. (NYSE:MMC), the NYSE's 7th largest Insurance company by market cap, increased 35.0c (or 0.4%) year-to-date (YTD) in 2018 to close at $US81.74. Compared with the S&P 500 Index which has risen 4.2% YTD, this is a relative price change of -3.8%. A zero-bagger in 2017, the value of USD1,000 invested two years ago is $US1,654 [vs $US1,437 for the S&P 500 Index], for a capital gain of $US590 and dividend reinvested of $US64. The average annualised return to shareholders has been 28.6% in the past two years. The average daily volume of 2 million shares so far in 2018 was 247.7 times the average daily volume in 2017.

4.2 Global Rank

Rank in the S&P 500 Index [out of 492 stocks]

DescriptionValueRank
MCap (US$)41.7B142
Total Assets (US$)18.2B249
Revenue (US$)13.2B174
Net Profit (US$)1.8B130
Return on Equity %29.084
Net Profit Margin %13.6151
Price Earnings24.2223
Yield %1.8200
PV$1000 (1Year) US$1,238217
% Change YTD0.4386

SECTION 5 OTHER DIRECTORS OF MARSH & MCLENNAN COMPANIES, INC.

Daniel S. Glaser, President

Peter Zaffino, Chairman

Mark McGivney, Chief Financial Officer

Bruce P. Nolop, Director

Lloyd M. Yates, Director

H. Edward Hanway, Director

Lang of Monkton, Director

Steven A. Mills, Director

Oscar Fanjul, Director

Morton O. Schapiro, Director

Deborah C. Hopkins, Director

Marc D. Oken, Director

Elaine La Roche, Director

Anthony K. Anderson, Independent Director

E. Scott Gilbert, Senior Vice President

Stacy Mills, Vice President

Katherine J. Brennan, Corporate Secretary

SECTION 6 MARSH & MCLENNAN COMPANIES, INC. ACTIVITIES

Marsh & McLennan Companies, Inc. (MMC) is a global professional services firm providing advice and solutions in the areas of risk, strategy and human capital. The Company is the parent company of a number of risk experts and specialty consultants, including Marsh, the insurance broker, intermediary and risk advisor; Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of human resource (HR) and related financial advice and services; Oliver Wyman Group, the management consultancy, and Kroll, the risk consulting firm. MMC conducts business through three segments: Risk and Insurance Services, Consulting and Risk Consulting and Technology. During the year ended December 31, 2008, Marsh established the Marsh & McLennan Agency to service small to middle market organizations that tend to be United States-based firms with little overseas insurance needs

SECTION 7 RECENT NEWS ON DIRECTORS

7.1 CHANGES IN BOARD OF DIRECTORS

14 December 2017

Marsh & McLennan will appoint Stacy Mills as vice president

Marsh & McLennan will appoint Stacy Mills as Vice President. The appointment takes effect from Jan 01, 2018.

28 September 2017

Marsh & McLennan will appoint Katherine J. Brennan as chief compliance officer

Marsh & McLennan will appoint Katherine J. Brennan as Chief Compliance Officer. The appointment takes effect from Oct 18, 2017.

27 September 2017

Marsh & McLennan will appoint Katherine J. Brennan as corporate secretary

Marsh & McLennan will appoint Katherine J. Brennan as Corporate Secretary. The appointment takes effect from Oct 18, 2017.

7.2 REPORTED STOCK AWARDS

17 November 2017

Marsh & McLennan director Steven A. Mills awarded shares

Marsh & McLennan (NYSE:MMC) director Steven A. Mills, was awarded 405 shares worth $US33,672 on November 15.

16 August 2017

Marsh & McLennan director Steven A. Mills awarded shares

Marsh & McLennan (NYSE:MMC) director Steven A. Mills, was awarded 434 shares worth $US33,900 on August 15.

02 August 2017

Marsh & McLennan chief executive officer of marsh John Doyle awarded Restricted Stock Units

Marsh & McLennan (NYSE:MMC) chief executive officer of marsh John Doyle, has been awarded Restricted Stock Units on 12,739 shares. The transaction date was August 01. The shares last traded at $US78.55.

7.3 SHAREHOLDER VALUE ADDED BY DIRECTORS

01 January 2018

Marc D. Oken brings four-bagger value to Marsh & McLennan

Marc D. Oken was appointed Director of Marsh & McLennan (NYSE:MMC) twelve years ago on January 01, 2006. The present value of USD1,000 (PV1000) invested on the appointment date is $US4,398, for a capital gain of $US2,887 and dividend reinvested of $US512.

01 January 2018

Daniel S. Glaser brings two-bagger value to Marsh & McLennan

Daniel S. Glaser was appointed President of Marsh & McLennan (NYSE:MMC) five years ago on January 01, 2013. The present value of USD1,000 (PV1000) invested on the appointment date is $US2,827, for a capital gain of $US1,535 and dividend reinvested of $US292. In the same period the shares were up 153.5% from $US32.2 to $US81.8.

01 January 2018

Deborah C. Hopkins starts second year as Marsh & McLennan Director

Deborah C. Hopkins was appointed Director of Marsh & McLennan (NYSE:MMC) one year ago on January 01, 2017. The shares were up from $US67.3 to $US81.8 and the total annualized return to shareholders (TRS) since appointment is 23.8%. The present value of USD1,000 (PV1000) invested on the appointment date is now worth $US1,238, a gain of $US216 and dividend reinvested of $US23.

21 September 2017

Anthony K. Anderson starts second year as Marsh & McLennan Independent Director

Anthony K. Anderson was appointed Independent Director of Marsh & McLennan (NYSE:MMC) one year ago on September 21, 2016. The shares were up from $US67.0 to $US82.6 and the total annualized return to shareholders (TRS) since appointment is 25.7%. The present value of USD1,000 (PV1000) invested on the appointment date is now worth $US1,257, a gain of $US233 and dividend reinvested of $US24.

20 September 2017

Oscar Fanjul brings four bagger value to Marsh & McLennan

Oscar Fanjul was appointed Director of Marsh & McLennan (NYSE:MMC) sixteen years ago on September 20, 2001. The present value of USD1,000 (PV1000) invested on the appointment date is $US4,681, for a capital gain of $US3,156 and dividend reinvested of $US526.

17 September 2017

Mark McGivney starts third year as Marsh & McLennan CFO

Mark McGivney was appointed CFO of Marsh & McLennan (NYSE:MMC) two years ago on September 17, 2015. The shares were up from $US53.4 to $US81.3 and the total annualized return to shareholders (TRS) since appointment is 25.9%. The present value of USD1,000 (PV1000) invested on the appointment date is now worth $US1,585, a gain of $US522 and dividend reinvested of $US63.

7.4 RECENT REPORTED BUYING

01 November 2017

Marsh & McLennan director Marc D. Oken buys

Marsh & McLennan (NYSE:MMC) Director Marc D. Oken bought 1,235 shares worth $US99,901 on October 30. The purchase price was $US80.89.

7.5 RECENT REPORTED SELLING

20 December 2017

Marsh & McLennan president Daniel S. Glaser sells

Marsh & McLennan (NYSE:MMC) President Daniel S. Glaser sold 395,000 shares worth $US32,668,080 on December 18. The selling price was $US82.70. The shares hit a one-month low on the day.

20 December 2017

Marsh & McLennan president Daniel S. Glaser sells

Marsh & McLennan (NYSE:MMC) President Daniel S. Glaser sold 223,557 shares worth $US18,546,289 on December 19. The selling price was $US82.96.

23 August 2017

Marsh & McLennan chief risk and compliance officer and senior vice president E. Scott Gilbert sells

Marsh & McLennan (NYSE:MMC) Chief Risk and Compliance Officer and Senior Vice President E. Scott Gilbert sold 30,000 shares worth $US2,319,309 on August 21. The selling price was $US77.31.

Source: www.BuySellSignals.com