SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 11)*
Marsh & McLennan Companies, Inc.
(Name of Issuer)
Common Stock, par value $1.00
(Title of Class of Securities)
571748 102
(CUSIP Number)
Check the following box if a fee is being paid with this statement
. (A fee is not required only if the filing person: (1) has a
previous statement on file reporting beneficial ownership of more
than five percent of the class of securities described in Item 1;
and (2) has filed no amendment subsequent thereto reporting
beneficial ownership of five percent or less of such class.) (See
Rule 13d-7.)
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to the
subject class of securities, and for any subsequent amendment
containing information which would alter the disclosure provided in
a prior cover page.
The information required in the remainder of this cover page shall
not be deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of 1934 ("Act") or otherwise subject to the
liabilities of that section of the Act but shall be subject to all
other provisions of the Act (however, see the Notes).
(Continued on following page(s))
Page 1 of 3 Pages
CUSIP No. 571748 102 13G Page 2 of 3 Pages
1. Name of reporting person
S.S. or I.R.S. identification No. of above person
Marsh & McLennan Companies Stock Investment Plan
EIN 36-2668272 P.N. 003
2. Check the appropriate box if a member of a group*
(a)
(b) X
3. SEC use only
4. Citizenship or place or organization
New York
Number of shares beneficially owned by each reporting person with:
5. Sole voting power
6. Shared voting power
4,660,295
7. Sole dispositive power
8. Shared dispositive power
4,660,295
9. Aggregate amount beneficially owned by each reporting person
4,660,295
10. Check box if the aggregate amount in row (9) excludes certain
shares*
Not Applicable
11. Percent of class represented by amount in row (9)
6.40%
12. Type of report person
EP
*SEE INSTRUCTION BEFORE FILLING OUT!
CUSIP No. 571748 102 13G Page 3 of 3 Pages
Item 4. Ownership.
(a) Amount Beneficially Owned:
4,660,295
(b) Percent of Class:
6.40%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
Not Applicable
(ii) Shared power to vote or to direct the vote
4,660,295
(iii) Sole power to dispose or to direct the
disposition of
Not Applicable
(iv) Shared power to dispose or to direct the
disposition of
4,660,295
Signature.
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement
is true, complete and correct.
February 12, 1996
Date
/s/Francis N. Bonsignore
Signature
Francis N. Bonsignore, Plan Administrator
Name/Title
