MARSH & MCLENNAN COMPANIES, INC. - FORM 10-Q - EX-12.1 - STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

file	filename
EX-2.1 - STOCK PURCHASE AGREEMENT - MARSH & MCLENNAN COMPANIES, INC.	dex21.htm
EX-31.2 - RULE 13A-14(A)/15D-14(A) CERTIFICATION OF CHIEF FINANCIAL OFFICER - MARSH & MCLENNAN COMPANIES, INC.	dex312.htm
EX-31.1 - RULE 13A-14(A)/15D-14(A) CERTIFICATION OF CHIEF EXECUTIVE OFFICER - MARSH & MCLENNAN COMPANIES, INC.	dex311.htm
EX-10.1 - FORM OF DEFERRED STOCK UNIT AWARD, DATED AS OF MAY 3, 2010 - MARSH & MCLENNAN COMPANIES, INC.	dex101.htm
EX-32.1 - SECTION 1350 CERTIFICATIONS - MARSH & MCLENNAN COMPANIES, INC.	dex321.htm
10-Q - FORM 10-Q - MARSH & MCLENNAN COMPANIES, INC.	d10q.htm

Exhibit 12.1

Marsh & McLennan Companies, Inc. and Subsidiaries

Ratio of Earnings to Fixed Charges

(In millions, except ratios)


	Six Months Ended June 30, 2010 (Unaudited)		Years Ended December 31,




			2009		2008		2007		2006		2005
Earnings

Income before income taxes	$	288	$	552	$	494	$	766	$	806	$	206

Interest expense		120		241		220		266		302		332

Portion of rents representative of the interest factor		72		132		145		162		162		141


	$	480	$	925	$	859	$	1,194	$	1,270	$	679


Fixed Charges

Interest expense	$	120	$	241	$	220	$	266	$	302	$	332

Portion of rents representative of the interest factor		72		132		145		162		162		141


	$	192	$	373	$	365	$	428	$	464	$	473


Ratio of Earnings to Fixed Charges		2.5		2.5		2.4		2.8		2.7		1.4

MARSH & MCLENNAN COMPANIES, INC. - FORM 10-Q - EX-12.1 - STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - August 6, 2010