Marsh McLennan reported consolidated revenue during the first quarter of $7.1 billion, an increase of 9% compared with Q1 2024, or 4% on an underlying (organic) basis.
MMC had organic growth of 9% in Q1 2024.
Q1 operating income was $2.0 billion, compared with $1.9 billion during the same period last year. Net income attributable to the company was nearly level with last year at $1.38 billion, versus $1.4 billion in Q1 2024.
Earnings per share decreased 1% to $2.79, while adjusted EPS increased 5% to $3.06.
Risk and Insurance Services Segment
Marsh McLennan’s Risk and Insurance Services (RIS) segment (comprising Marsh and Guy Carpenter) reported revenue of $4.8 billion in the first quarter of 2025, an increase of 11%, or 4% on an underlying (organic) basis. Operating income was $1.6 billion (level with Q4 2024), while adjusted operating income increased 8% to $1.8 billion.
Marsh’s revenue in the first quarter of 2025 was $3.5 billion, an increase of 15%, or 5% on an underlying basis. In U.S./Canada, underlying revenue rose 4%. International operations produced underlying revenue growth of 6%, including 8% in Latin America, 6% in EMEA, and 4% in Asia Pacific.
Guy Carpenter’s first quarter revenue was $1.2 billion, an increase of 5% on both a GAAP and underlying basis.
John Doyle, President and CEO, said: “We had a solid start to the year with 9% revenue growth reflecting momentum across our business and the contribution from acquisitions. For the quarter, we generated 4% underlying revenue growth, 8% growth in adjusted operating income, and 5% growth in adjusted EPS.”
Source: Marsh McLennan
Topics Trends
Was this article valuable?
Here are more articles you may enjoy.
Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs 
Experian Launches Insurance Marketplace App on ChatGPT 
Trump’s EPA Rollbacks Will Reverberate for ‘Decades’ 
Kansas Man Sentenced for Insurance Fraud, Forgery 
