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Guy Carpenter’s underlying revenue up 15% as Marsh hails outstanding quarter

October 21, 2021

Reinsurance broker Guy Carpenter has reported a 15% rise in underlying revenue to $314 million for the third quarter of 2021, as its parent Marsh McLennan delivered impressive year-on-year growth.

Buoyed by revenue growth across the business, global insurance and reinsurance brokerage Marsh McLennan has reported an increase in underlying revenue of 13%, as consolidated revenue jumped by 16% to $4.6 billion.

Operating income, which ended Q3 2021 at $740 million, increased from the prior year period by 37%, while adjusted operating income spiked by 19% to $759 million.

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