<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from
the consolidated Marsh & McLennan Companies, Inc. and subsidiaries
March 31, 1996 financial statements and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               MAR-31-1996
<CASH>                                     338,700,000
<SECURITIES>                                         0
<RECEIVABLES>                            1,158,400,000
<ALLOWANCES>                                46,800,000
<INVENTORY>                                          0
<CURRENT-ASSETS>                         1,678,800,000
<PP&E>                                   1,415,700,000
<DEPRECIATION>                             660,100,000
<TOTAL-ASSETS>                           4,438,500,000
<CURRENT-LIABILITIES>                    1,538,600,000
<BONDS>                                    409,700,000
<COMMON>                                    76,800,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                               1,698,800,000
<TOTAL-LIABILITY-AND-EQUITY>             4,438,500,000
<SALES>                                              0
<TOTAL-REVENUES>                         1,070,700,000
<CGS>                                                0
<TOTAL-COSTS>                              828,200,000
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                          15,200,000
<INCOME-PRETAX>                            230,800,000
<INCOME-TAX>                                87,700,000
<INCOME-CONTINUING>                        143,100,000
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               143,100,000
<EPS-PRIMARY>                                     1.96
<EPS-DILUTED>                                     1.96