Revenue up 8% at Marsh in 2023

raining-dollars

Marsh boosted annual revenue by 8% to $11.38bn (£8.94bn) in 2023, as profits at parent Marsh McLennan grew.

Annual revenue for Marsh’s EMEA division, within which the UK sits, was up 9% year-on-year to $3.26bn.

On a group-wide basis, including the likes of Guy Carpenter, Mercer and Oliver Wyman, the global giant posted revenue of $22.74bn, an increase of 10% compared with 2022.

Profit after tax at Marsh McLennan rose from $3.05bn to $3.76bn.

Outstanding year

Marsh McLennan CEO John Doyle highlighted “a strong finish to another outstanding year”.

“Our results and investments have us well positioned for 2024

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Lords Committee ‘unconvinced’ on FCA name and shame proposal

The House of Lords Financial Services Regulation Committee is unconvinced on the FCA’s name and shame plans as it branded the consultation an “abject failure” and urged if concerns have not been addressed in the regulator’s second consultation the proposals should not go ahead.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: