To be accurate, Marsh & McLennan's 1997 reported margin is dramatically reduced by special charges connected to the CECAR
and J&H deals, and the fact that only 75 percent of J&H's annual revenue, is included.
The company has a portfolio of blue-chip clients in banking, finance, media and telecommunications including BNP, CECAR
, CANAL+ and France Telecom.
Importantly, the Bain Hogg Group owns a 40% interest in CECAR
, one of the premier brokerage firms in France serving many of the largest industrial and commercial companies in Europe.