MMC's FY2022 revenue increased to USD 20.7 billion

30 January 2023 —
Global re/insurance broker MARSH McLENNAN - MMC posted Q4 2022 aggregate revenue of USD 5 billion, an increase of 7% y-o-y. Q4 operating income was USD 680 million, compared with USD 986 million in the prior year period. The consolidated revenue in 2022 was of USD 20.7 billion, an increase of 5% compared to the prior year period, while operating income was USD 4.3 billion.

Risk & Insurance Services revenue was USD 2.9 billion in the fourth quarter of 2022, a decrease of 3%, while operating income was USD 472 million, compared with USD 667 million in the fourth quarter of 2021. Marsh's revenue in the fourth quarter of 2022 was USD 2.7 billion, a decrease of 6%, while Guy Carpenter's fourth quarter revenue was USD 171 million.

For the year 2022, revenue was USD 12.6 billion, an increase of 5%, while operating income was USD 3.1 billion.

Consulting revenue was USD 2.1 billion in the fourth quarter of 2022, an increase of 6% while operating income decreased 15% to USD 336 million, compared with USD 395 million in the fourth quarter of 2021. Mercer's revenue was USD 1.3 billion in the fourth quarter of 2022, a decrease of 3%. Wealth, with revenue of USD 591 million, was unchanged, Health - with revenue of USD 455 million, increased 8% while, while Career revenue of USD 283 million increased 12%. Oliver Wyman's revenue was USD 765 million in the fourth quarter of 2022, an increase of 8%.

For the year 2022, revenue was USD 8.1 billion while operating income was USD 1.6 billion.

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