Marsh McLennan quarterly profit boosted by insurance business

Marsh & McLennan Companies

16/10/2025 11:30

Oct 16 (Reuters) - Insurance broker Marsh McLennan MMC.N reported a rise in third-quarter adjusted profit on Thursday, helped by strong performance in its risk and insurance services business.

Spending on insurance recovered in the reporting quarter after a period of uncertainty tied to U.S. President Donald Trump's shifting tariff policies.

Brokers generate revenue through commissions are tied to premiums, tying their performance closely with the insurance industry's numbers.

Revenue in Marsh McLennan's risk and insurance services business came in at $3.9 billion, up 13% from a year earlier.

Net income attributable to Marsh McLennan, on an adjusted basis net of tax, came in at $911 million, or $1.85 per share, in the third quarter, compared with $825 million, or $1.66 per share, in the year-ago period.

 (Reporting by Pritam Biswas in Bengaluru; Editing by Leroy Leo)

 ((Pritam.Biswas@thomsonreuters.com;))