Insurance 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.
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 quarter were $2.63 and adjusted earnings per share increased 9% to $2.96.
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 basis, compared to the prior-year period.
Marsh’s 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.
RIS’ revenue for the six months ended June 30, 2026 was $9.9 billion, an increase of 5%, or 3% on an organic basis.
Marsh Risk and Guy Carpenter
Marsh Risk’s 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.
For the six months ended June 30, 2026, Marsh Risk’s underlying revenue growth was 4%.
Marsh’s 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’s revenue was flat on an organic basis.
Topics
Profit Loss
Reinsurance
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