MARSH McLENNAN (MMC) reported Q2 2023 revenue of USD 5.9 billion, an increase of 9% compared with the second quarter of 2022. Operating income was USD 1.5 billion, an increase of 7% from a year ago. Net income attributable to the Company was USD 1.0 billion, or USD 2.07 per diluted share, compared with USD 1.91 in the second quarter of 2022.

For the six months ended June 30, 2023, consolidated revenue was USD 11.8 billion, an increase of 8%, while operating income was USD 3.2 billion, an increase of 13% from the prior year period.

During Q2 2023, Risk & Insurance Services revenue was USD 3.7 billion in the second quarter of 2023, an increase of 12%, while operating income rose 20% to USD 1.2 billion. Marsh's revenue in the second quarter was USD 3.0 billion (+10%), while Guy Carpenter's revenue was USD 576 million (+11%).

Consulting revenue was USD 2.2 billion in the second quarter of 2023, an increase of 4%, while operating income decreased 18% to USD 388 million. Mercer's revenue in the second quarter was USD 1.4 billion (+6%), Wealth revenue of $637 million increased by 3% while Career revenue of $219 million increased by 6%. Oliver Wyman’s revenue in the second quarter was USD 798 million, an increase of 11%.