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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

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