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<\/div>\nInsurance broker Marsh reported consolidated revenue of $7.4 billion during the second quarter, an increase of 6% over Q2 2025, or 5% on an underlying (organic) basis.<\/p>\n
Q2 operating income increased 4% to $1.9 billion, while net income attributable to the company was $1.3 billion. Earnings per share during the second quarter were $2.63, compared with $2.45 in Q2 2025.<\/p>\n
For the six months ended June 30, 2026, consolidated revenue was $15.0 billion, an increase of 7% on a GAAP basis, or 4% on an underlying (organic) basis, compared to the prior-year period.<\/p>\n
Marsh\u2019s Risk and Insurance Services (RIS) segment (comprising Marsh Risk and reinsurance broker Guy Carpenter) reported Q2 revenue of $4.8 billion during the second quarter of 2026, an increase of 4%, or 3% on an underlying (organic) basis. Operating income increased 2% to $1.5 billion in Q2, while adjusted operating income increased 3% to $1.7 billion.<\/p>\n
RIS\u2019 revenue for the six months ended June 30, 2026 was $9.9 billion, an increase of 5%, or 3% on an organic basis.<\/p>\n
Marsh Risk and Guy Carpenter<\/strong><\/p>\n Marsh Risk\u2019s revenue in the second quarter of 2026 was $4.1 billion, an increase of 6%, or 4% on an organic basis. In U.S.\/Canada, underlying revenue growth was 4%. In International, underlying revenue growth was 5%, which included 5% growth in EMEA, 5% growth in Asia Pacific, and 8% growth in Latin America.<\/p>\n For the six months ended June 30, 2026, Marsh Risk\u2019s underlying revenue growth was 4%.<\/p>\n Marsh\u2019s reinsurance unit, Guy Carpenter, reported Q2 revenue of $664 million, a decrease of 2%, on both a GAAP and organic basis. For the six months ended June 30, 2026, Guy Carpenter\u2019s revenue was flat on an organic basis.<\/p>\n Marsh CFO Mark McGivney blamed the unit\u2019s drop in organic growth \u201cin part to the soft catastrophe reinsurance market, along with cedent consolidation,\u201d according to a market commentary published by Meyer Shields, a Keefe Bruyette & Woods equities analyst.<\/p>\n U.S. catastrophe reinsurance rates for non-loss impacted accounts dropped by 15-20% during the June 1 reinsurance renewals, while Marsh\u2019s property-catastrophe rate on-line decreases accelerated to -16% at June 1 from -12% at January 1, the KBW report added.<\/p>\n Topics<\/span> Profit Loss<\/a> Reinsurance<\/a> <\/p>\n<\/p><\/div>\n Was this article valuable?<\/p>\n<\/p><\/div>\n