Global re/insurance broker MMC (MARSH McLENNAN) reported consolidated Q2 2022 revenue worth USD 5.4 billion, an increase of 7% compared with the second quarter of 2021. On an underlying basis, revenue increased 10%. Operating income was USD 1.4 billion, an increase of 11% from the prior year.

For the six months ended June 30, 2022, consolidated revenue was USD 10.9 billion, an increase of 8% compared to the prior year period. Operating income was USD 2.8 billion, an increase of 9% from a year ago.

Q2 2022 Risk & Insurance Services revenue was USD 3.3 billion, an increase of 5%, while. 0perating income rose 2% to USD 967 million. Marsh's revenue in the second quarter was USD 2.8 billion while Guy Carpenter's Q2 revenue totaled USD 522 million.

For the first six months ended June 30,2022, revenue was USD 6.9 billion, an increase of 8%, or 10% on an underlying basis.

In Consulting segment, Q2 revenue was USD 2.1 billion, an increase of 10% y-o-y. Operating income increased 39% to USD 475 million. Q2 2022 Mercer's revenue was USD 1.4 billion, while Oliver Wyman's revenue was USD 695 million.

For the first six months ended June 30, 2022, Consulting revenue was USD 4.1 billion, while Operating income increased by 23% to USD 867 million.