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<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center"><B><FONT size=3>UNITED STATES</FONT></B></P>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center"><B><FONT size=3>SECURITIES AND EXCHANGE COMMISSION</FONT></B></P>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center"><B><FONT size=3>Washington, D.C. 20549</FONT></B></P>
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<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center"><B><FONT size=3>_____________________</FONT></B></P>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center"><FONT size=3></FONT>&nbsp;</P>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center"><B><FONT size=3>FORM 8-K</FONT></B></P>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center"><FONT size=3></FONT>&nbsp;</P>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center"><B><FONT size=3>CURRENT REPORT</FONT></B></P>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center"><B><FONT size=3>Pursuant to Section 13 or 15(d) of the </FONT></B></P>
<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center"><B><FONT size=3>Securities Exchange Act of 1934</FONT></B></P>
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      <P
      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: left"><FONT size=3>Date of report (Date of earliest event reported)</FONT></P></TD>
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      <P
      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: left"><U><FONT size=3>September 13, 2005</FONT></U></P></TD></TR></TABLE>
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      <P
      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center"><FONT size=3>Marsh &amp; McLennan Companies, Inc.</FONT></P></TD></TR>
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      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center"><FONT size=3>(Exact Name of Registrant as Specified in Charter)</FONT></P></TD></TR>
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    <TD width=534></TD></TR></TABLE>
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      <P
      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center"><FONT size=3>Delaware</FONT></P></TD>
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      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center"><FONT size=3>1-5998</FONT></P></TD>
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      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center"><FONT size=3>36-2668272</FONT></P></TD></TR>
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      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center"><FONT size=3>(State or Other Jurisdiction</FONT></P>
      <P
      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center"><FONT size=3>of Incorporation)</FONT></P></TD>
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      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center"><FONT size=3>(Commission File Number)</FONT></P></TD>
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      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center"><FONT size=3>(IRS Employer</FONT></P>
      <P
      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center"><FONT size=3>Identification No.)</FONT></P></TD></TR></TABLE>
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      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center"><FONT size=3>1166 Avenue of the Americas, New York, NY</FONT></P></TD>
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      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center"><FONT size=3>10036</FONT></P></TD></TR>
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      <P
      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center"><FONT size=3>(Address of Principal Executive Offices)</FONT></P></TD>
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      <P
      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center"><FONT size=3>(Zip Code)</FONT></P></TD></TR></TABLE>
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<P style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left"><FONT size=3></FONT>&nbsp;</P>
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      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: left"><FONT size=3>Registrant's telephone number, including area code</FONT></P></TD>
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      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: left"><U><FONT size=3>(212) 345-5000</FONT></U></P></TD></TR></TABLE>
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<P
style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-INDENT: 0.5in; TEXT-ALIGN: left"><FONT size=3>Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</FONT></P>
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      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: left"><FONT size=4><B>&#144;</B></FONT></P></TD>
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      <P
      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: left"><FONT size=3>Written communications pursuant to Rule 425 under the Securities
      Act (17 CFR 230.425)</FONT></P></TD></TR>
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      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: left"><FONT size=4><B>&#144;</B></FONT></P></TD>
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      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: left"><FONT size=3>Soliciting material pursuant to Rule 14a-12 under the Exchange Act
      (17 CFR 240.14a-12)</FONT></P></TD></TR>
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      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: left"><FONT size=4><B>&#144;</B></FONT></P></TD>
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      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: left"><FONT size=3>Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))</FONT></P></TD></TR>
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      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: left"><FONT size=4><B>&#144;</B></FONT></P></TD>
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      <P
      style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: left"><FONT size=3>Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))</FONT></P></TD></TR></TABLE>

<P style="PAGE-BREAK-BEFORE: always"></P>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=3></font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=3>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font SIZE=3>Item 1.01.  &nbsp;&nbsp;Entry Into a Material Definitive Agreement.</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; text-indent:0.80in;text-align:left;'><font SIZE=3>On September 13, 2005, Marsh &amp; McLennan Companies, Inc. (the &#147;Company&#148;) entered into an
Underwriting Agreement (attached hereto as Exhibit 1.1 and incorporated herein by reference) with Citigroup Global Markets Inc. and Goldman, Sachs &amp; Co., as representatives of the several
underwriters named therein (the &#147;Underwriters&#148;), pursuant to which the Underwriters agreed to purchase from the Company $550,000,000 aggregate principal amount of 5.15% senior notes due
2010 (the &#147;2010 Notes&#148;) and $750,000,000 aggregate principal amount of 5.75% senior notes due 2015 (the &#147;2015 Notes&#148; and, together with the 2010 Notes, the &#147;Notes&#148;).</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; text-indent:0.80in;text-align:left;'><font SIZE=3>The Notes are being offered and sold pursuant to the Company's shelf registration statement on
Form S-3 (Registration No. 333-108566) under the Securities Act of 1933, as amended, filed with
the Securities and Exchange Commission on September 5, 2003, and a prospectus supplement dated
September 13, 2005.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; text-indent:0.80in;text-align:left;'><font SIZE=3>The terms of the Notes are set forth in an Indenture dated as of July 14, 2004, entered into by
the Company and The Bank of New York, as trustee (the &#147;Trustee&#148;) (previously filed as an
exhibit to the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2004 and
incorporated herein by reference), as supplemented by a Second Supplemental Indenture, dated as
of September 16, 2005, entered into by the Company and the Trustee (attached hereto as Exhibit
4.1 and incorporated herein by reference).</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font SIZE=3>Item 2.03.  &nbsp;&nbsp;Creation of a Direct Financial Obligation or an Obligation under an Off
-Balance Sheet Arrangement of a Registrant.</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; text-indent:0.80in;text-align:left;'><font SIZE=3>The information set forth in Item 1.01 is incorporated herein by reference.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font SIZE=3>Item 8.01.  &nbsp;&nbsp;Other Events.</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; text-indent:0.80in;text-align:left;'><font SIZE=3>On September 16, 2005, the Company closed the offering of the Notes and received net proceeds of approximately $1.29
billion.  As previously announced, the Company will use these proceeds to repay a portion of
its outstanding bank borrowings.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font SIZE=3>Item 9.01.  &nbsp;&nbsp;Financial Statements and Exhibits.</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>

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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font SIZE=3>(a)</font></b></p> </td>
        <td width="117" valign=top style='padding:0pt 0pt 0pt 0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><FONT SIZE="3"><B>Not applicable</B> </FONT></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>

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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font SIZE=3>(b)</font></b></p> </td>
        <td width="117" valign=top style='padding:0pt 0pt 0pt 0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><FONT SIZE="3"><B>Not applicable</B> </FONT></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>

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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font SIZE=3>(c)</font></b></p> </td>
        <td width="117" valign=top style='padding:0pt 0pt 0pt 0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><FONT SIZE="3"><B>Exhibits</B> </FONT></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>

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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=3>1.1</font></p> </td>
        <td width="650" valign=top style='padding:0pt 0pt 0pt 0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=3>Underwriting Agreement, dated September 13, 2005, among Marsh &amp; McLennan Companies,
Inc., Citigroup Global Markets Inc., Goldman, Sachs &amp; Co. and the other Underwriters named therein.
<BR> </font></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>2</font></p>

<P style="PAGE-BREAK-BEFORE: always"></P>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>

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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=3>4.1</font></p> </td>
        <td width="650" valign=top style='padding:0pt 0pt 0pt 0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=3>Second Supplemental Indenture, dated as of September 16, 2005, between Marsh &amp;
McLennan Companies, Inc. and The Bank of New York, as trustee.<BR> </font></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>

<table border="0" cellspacing=0 cellpadding=0 width="650" style='margin-left:58.0pt;border-collapse:collapse'>
    <tr >
<td width="50" valign=top style='padding:0pt 0pt 0pt 0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=3>4.2</font></p> </td>
        <td width="650" valign=top style='padding:0pt 0pt 0pt 0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=3>Form of 2010 Note (included as an exhibit to Exhibit 4.1 above).
<BR> </font></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>

<table border="0" cellspacing=0 cellpadding=0 width="650" style='margin-left:58.0pt;border-collapse:collapse'>
    <tr >
<td width="50" valign=top style='padding:0pt 0pt 0pt 0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=3>4.3</font></p> </td>
        <td width="650" valign=top style='padding:0pt 0pt 0pt 0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=3>Form of 2015 Note (included as an exhibit to Exhibit 4.1 above).
<BR> </font></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>3</font></p>

<P style="PAGE-BREAK-BEFORE: always"></P>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>

<p style=' margin-bottom:9pt; margin-top:0pt;text-align:center;'><b><font SIZE=3>SIGNATURES</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt; text-indent:0.5in;text-align:justify;'><font SIZE=3>&nbsp;</font></p>

<p style=' margin-bottom:6pt; margin-top:0pt; text-indent:0.5in;text-align:justify;'><font SIZE=3>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:3.25in;text-align:justify;'><font SIZE=3>&nbsp;</font></p>

<p style=' margin-bottom:6pt; margin-top:0pt; margin-left:3.25in;text-align:justify;'><b><font SIZE=3>MARSH &amp; McLENNAN COMPANIES, INC.</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:3.25in;text-align:justify;'><font SIZE=3>&nbsp;</font></p>

<table border="0" cellspacing=0 cellpadding=0 width="650" style='margin-left:234.0pt;border-collapse:collapse'>
    <tr >
        <td width="650" valign=top style='padding:0pt 0pt 0pt 0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><FONT SIZE="3">By: &nbsp;&nbsp;&nbsp;<U>/s/ Luciana Fato&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> </FONT></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:3.63in;text-align:left;'><font SIZE=3>Name:&nbsp;Luciana Fato</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:3.63in;text-align:left;'><font SIZE=3>Title:&nbsp;&nbsp;&nbsp;Deputy General Counsel - Corporate &amp;</font></p>
<p style=' margin-bottom:12pt; margin-top:0pt; margin-left:3.63in;text-align:left;'><font SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate Secretary</font></p>

<table border="0" cellspacing=0 cellpadding=0 width="224" style='border-collapse:collapse'>
    <tr >
        <td width="40" valign=top style='padding:0pt 0pt 12.0pt 0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=3>Date:</font></p> </td>
        <td width="184" valign=top style='padding:0pt 0pt 12.0pt 0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=3>September 16, 2005</font></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>4</font></p>

<P style="PAGE-BREAK-BEFORE: always"></P>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font SIZE=3>Exhibit Index</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>

<table border="0" cellspacing=0 cellpadding=0 width="170" style='border-collapse:collapse'>
    <tr >
        <td width="96" valign=top style='padding:0pt 0pt 0pt 0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font SIZE=3>Exhibit No.</font></u></p> </td>
        <td width="70" valign=top style='padding:0pt 0pt 0pt 0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font SIZE=3>Description</font></u></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>

<table border="0" cellspacing=0 cellpadding=0 width="610" style='border-collapse:collapse'>
    <tr >
        <td width="96" valign=top style='padding:0pt 0pt 0pt 0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=3>1.1</font></p> </td>
        <td width="514" valign=top style='padding:0pt 0pt 0pt 0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=3>Underwriting Agreement, dated September 13, 2005, among Marsh &amp; McLennan Companies, Inc.,
Citigroup Global Markets Inc., Goldman, Sachs &amp; Co. and the other Underwriters named therein.
</font></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>

<table border="0" cellspacing=0 cellpadding=0 width="610" style='border-collapse:collapse'>
    <tr >
        <td width="96" valign=top style='padding:0pt 0pt 0pt 0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=3>4.1</font></p> </td>
        <td width="514" valign=top style='padding:0pt 0pt 0pt 0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=3>Second Supplemental Indenture, dated as of September 16, 2005, between Marsh &amp;
McLennan Companies, Inc. and The Bank of New York, as trustee.</font></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>

<table border="0" cellspacing=0 cellpadding=0 width="610" style='border-collapse:collapse'>
    <tr >
        <td width="96" valign=top style='padding:0pt 0pt 0pt 0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=3>4.2</font></p> </td>
        <td width="514" valign=top style='padding:0pt 0pt 0pt 0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=3>Form of 2010 Note (included as an exhibit to Exhibit 4.1 above).
</font></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>

<table border="0" cellspacing=0 cellpadding=0 width="610" style='border-collapse:collapse'>
    <tr >
        <td width="96" valign=top style='padding:0pt 0pt 0pt 0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=3>4.3</font></p> </td>
        <td width="514" valign=top style='padding:0pt 0pt 0pt 0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=3>Form of 2015 Note (included as an exhibit to Exhibit 4.1 above).
</font></p> </td> </tr></table>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>5</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=3>&nbsp;</font></p>


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{"company-data": {"conformed-name": "MARSH & MCLENNAN COMPANIES, INC.", "cik": "0000062709", "assigned-sic": "6411", "irs-number": "362668272", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-05998", "film-number": "051089279"}, "business-address": {"street1": "1166 AVENUE OF THE AMERICAS", "city": "NEW YORK", "state": "NY", "zip": "10036", "phone": "2123455000"}, "mail-address": {"street1": "1166 AVENUE OF THE AMERICAS", "city": "NEW YORK", "state": "NY", "zip": "10036"}, "former-company": [{"former-conformed-name": "MARSH & MCLENNAN COMPANIES INC", "date-changed": "19920703"}, {"former-conformed-name": "MARLENNAN CORP", "date-changed": "19760505"}]}
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported)
September 13, 2005
Marsh & McLennan Companies, Inc.
(Exact Name of Registrant as Specified in Charter)
Delaware
1-5998
36-2668272
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
1166 Avenue of the Americas, New York, NY
10036
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number, including area code
(212) 345-5000
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities
      Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act
      (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))
Item 1.01.    Entry Into a Material Definitive Agreement.
On September 13, 2005, Marsh & McLennan Companies, Inc. (the "Company") entered into an
Underwriting Agreement (attached hereto as Exhibit 1.1 and incorporated herein by reference) with Citigroup Global Markets Inc. and Goldman, Sachs & Co., as representatives of the several
underwriters named therein (the "Underwriters"), pursuant to which the Underwriters agreed to purchase from the Company $550,000,000 aggregate principal amount of 5.15% senior notes due
2010 (the "2010 Notes") and $750,000,000 aggregate principal amount of 5.75% senior notes due 2015 (the "2015 Notes" and, together with the 2010 Notes, the "Notes").
The Notes are being offered and sold pursuant to the Company's shelf registration statement on
Form S-3 (Registration No. 333-108566) under the Securities Act of 1933, as amended, filed with
the Securities and Exchange Commission on September 5, 2003, and a prospectus supplement dated
September 13, 2005.
The terms of the Notes are set forth in an Indenture dated as of July 14, 2004, entered into by
the Company and The Bank of New York, as trustee (the "Trustee") (previously filed as an
exhibit to the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2004 and
incorporated herein by reference), as supplemented by a Second Supplemental Indenture, dated as
of September 16, 2005, entered into by the Company and the Trustee (attached hereto as Exhibit
4.1 and incorporated herein by reference).
Item 2.03.    Creation of a Direct Financial Obligation or an Obligation under an Off
-Balance Sheet Arrangement of a Registrant.
The information set forth in Item 1.01 is incorporated herein by reference.
Item 8.01.    Other Events.
On September 16, 2005, the Company closed the offering of the Notes and received net proceeds of approximately $1.29
billion.  As previously announced, the Company will use these proceeds to repay a portion of
its outstanding bank borrowings.
Item 9.01.    Financial Statements and Exhibits.
(a)
Not applicable
(b)
Not applicable
(c)
Exhibits
1.1
Underwriting Agreement, dated September 13, 2005, among Marsh & McLennan Companies,
Inc., Citigroup Global Markets Inc., Goldman, Sachs & Co. and the other Underwriters named therein.
2
4.1
Second Supplemental Indenture, dated as of September 16, 2005, between Marsh &
McLennan Companies, Inc. and The Bank of New York, as trustee.
4.2
Form of 2010 Note (included as an exhibit to Exhibit 4.1 above).
4.3
Form of 2015 Note (included as an exhibit to Exhibit 4.1 above).
3
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
MARSH & McLENNAN COMPANIES, INC.
By:
/s/ Luciana Fato
Name: Luciana Fato
Title:   Deputy General Counsel - Corporate &
Corporate Secretary
Date:
September 16, 2005
4
Exhibit Index
Exhibit No.
Description
1.1
Underwriting Agreement, dated September 13, 2005, among Marsh & McLennan Companies, Inc.,
Citigroup Global Markets Inc., Goldman, Sachs & Co. and the other Underwriters named therein.
4.1
Second Supplemental Indenture, dated as of September 16, 2005, between Marsh &
McLennan Companies, Inc. and The Bank of New York, as trustee.
4.2
Form of 2010 Note (included as an exhibit to Exhibit 4.1 above).
4.3
Form of 2015 Note (included as an exhibit to Exhibit 4.1 above).
5