Marsh & McLennan Companies, Inc. MMC reported second-quarter 2017 operating earnings per share of $1, in line with the Zacks Consensus Estimate. Earnings improved 10% year over year.Adjusted operating income rose 7% to $788 million in the second quarter.Marsh & McLennan’s consolidated revenues were $3.5 million, up 4% year over year on an underlying basis. Revenues beat the Zacks Consensus Estimate by 1.2%. Total operating expenses of $2.7 million increased 3% year over year. Marsh & McLennan Companies, Inc. Price, Consensus and EPS Surprise Marsh & McLennan Companies, Inc. Price, Consensus and EPS Surprise | Marsh & McLennan Companies, Inc. QuoteSegment ResultsRisk and Insurance ServicesRevenues at the Risk and Insurance Services segment were $1.9 billion, up 4% year over year on an underlying basis. Adjusted operating income also grew 9% to $535 million from the last-year quarter.A unit within this segment – Marsh – reported revenues of $1.6 million, up 4% year over year on an underlying basis. Underlying revenues grew 1% year over year in international operations on 4% growth in Latin America, 3% in the Asia Pacific, and 2% in the U.S.-Canada region. However, the underlying revenues remained flat year over year for EMEA (Europe, Middle East and Africa).Another unit under this segment, Guy Carpenter, displayed revenue growth of 4% year over year on an underlying basis to $293 million.ConsultingThe Consulting segment's revenues increased 3% year over year on an underlying basis to $1.59 billion. Additionally, adjusted operating income inched up 3% year over year to $298 million.A unit within this segment – Mercer – reported revenues of $1.1 billion, up 3% year over year on an underlying basis.Another unit, Oliver Wyman Group, reported revenues of $483 million, up 7% year over year on an underlying basis.Financial UpdateMarsh & McLennan exited the quarter with cash and cash equivalents of $966 million, down 6% from end-2016.As of Jun 30, 2017, Marsh & McLennan’s total assets were $19 million, up 7% year over year.Total equity was $7 million, up 13% from year-end 2016.Capital DeploymentMarsh & McLennan spent $200 million to buyback 2.7 million shares in the second quarter.The board of directors raised the quarterly dividend by 10% to 37.5 cents per share in May 2017. The dividend is payable on Aug 15, 2017, to shareholders of record as on Jul 27, 2017.Zacks RankMarsh & McLennan presently carries a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Performance of Other InsurersAmong other players from the insurance industry that have reported their second-quarter earnings so far, the bottom line at Brown & Brown, Inc. BRO and Fidelity National Financial, Inc. FNF beat the Zacks Consensus Estimate, while The Progressive Corporation PGR missed the same.The Hottest Tech Mega-Trend of AllLast year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaries," but that should still leave plenty of money for regular investors who make the right trades early.See Zacks' 3 Best Stocks to Play This Trend >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Marsh & McLennan Companies, Inc. (MMC): Free Stock Analysis Report Brown & Brown, Inc. (BRO): Free Stock Analysis Report Progressive Corporation (The) (PGR): Free Stock Analysis Report Fidelity National Financial, Inc. (FNF): Free Stock Analysis Report To read this article on Zacks.com click here.