Thursday, December 9, 2021

Marsh McLennan has announced Q3 2021 results

- Advertisement -

Must read


The group reported consolidated revenue of 4. 4.6 billion (approximately SG $ 6.20 billion) for the quarter, up 16% from Q3 2020. Since last year, and consolidated operating income has increased 19% to US $ 759 million. Meanwhile, net income for the company stood at 7 537 million.

Commenting on the results, MMC President and CEO Dan Glasser said: “We have delivered another quarter of excellent results. For the second consecutive quarter, underlying growth was at its highest level in more than two decades … In terms of outstanding quarterly and year-over-year performance, we’re on track for a great year.

For the nine months ending September 2021, consolidated revenue stood at .7 1.7.7 billion, an increase of 15% or 10% on an underlying basis. Operating income was registered at 3.3 billion, up 33% from the previous year and consolidated operating income rose 21% to 4 3.4 billion. The company’s net income for the first three quarters was .3 2.3 billion.

Risk and insurance services

MMC reported that its risk and insurance services revenue was ২ 2.2 billion in Q3 2021, an increase of 17% or 13% on an underlying basis. Operating income rose 21% to 3 403 million, while consolidated operating income was 9 469 million, an increase of 21% over the same period last year. For the nine months ended September 2021, the revenue was. 0.0 billion, 1 %% or 11% on an underlying basis, operating income was% 2% to .4 2.4 billion, and consolidated operating income was 2.4 billion. 20% to US $ 2.5 billion

Marsh’s revenue in Q21 2021 was $ 2.4 billion, an increase of 13% on an underlying basis. In the United States / Canada, underlying revenue grew 16%, while international activities reflected underlying revenue growth of 9% (12% growth in Latin America, 9% growth in the Asia-Pacific region and 8% growth in EMEA). For the nine months ending September 2021, Marsh’s underlying revenue growth was 12% compared to the same period last year.

Guy Carpenter’s revenue in the third quarter reached 4 314 million, an increase of 15% on an underlying basis, while for the nine months ending September 30, 2021, Guy Carpenter’s underlying revenue growth was 10%.

Advice

Consulting revenue in the third quarter was 9 1.9 billion, an increase of 13% over the previous year or 12% on an underlying basis. Operating income rose 45% to 4 404 million, and consolidated operating income rose 15% to 350 350 million. For the first nine months of 2021, revenue was .7 5.7 billion, 12% or %% on an underlying basis. US 1. 1.1 billion operating income increased 36% and consolidated operating income increased 25% to $ 1.1 billion.

MercerIts revenue in the third quarter of 2021 was .3 1.3 billion, an increase of%% on an underlying basis. On an underlying basis, career revenues ranged from 13% to US 253 million, asset income from 6% to US 6 613 million and health revenues from 4% to $ 449 million. September0 For the nine months ending September 2021, Mercer’s revenue was 9 9.9 billion, an increase of%% on an underlying basis compared to the same period a year ago.

Oliver Weiman’s third-quarter revenue was 10 1,010 million, an increase of 25% on an underlying basis. September0 In the first nine months ending September 2021, Oliver Wyman’s income was 1. billion billion dollars, an increase of 21% on an underlying basis.

- Advertisement -

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest article