NYSE:MMC 16 October 2025 - 11 February 2026

Marsh & McLennan CEO John Doyle publicly accused rival brokers of “unlawful and unethical” talent raids during Marsh’s Oct. 16 earnings call Insuranceinsider Theinsurer. Doyle said competitors’ tactics were a “deliberate strategy” to flout non-compete covenants Insuranceinsider. The comments came amid a surge of legal battles – Marsh has sued peers like Alliant and Howden for allegedly poaching its teams and clients Insurancejournal Insurancebusinessmag. In Q3, Marsh reported $6.4 billion revenue and $911 million adjusted profit Reuters, but its stock still plunged ~8% on the day Reuters, trading around $190 Stockanalysis. Analysts remain cautiously bullish: the consensus is “Buy” with an average 12-month target near ~$231 Stockanalysis. Marsh also announced a major rebranding – dropping “McLennan” to become simply Marsh in 2026 – and launched a new Business & Client Services unit to centralize tech and data Reuters ts2.tech.