Marsh & McLennan companies reported revenues from risk and insurance services up by 17% to $1.4bn (£904m) in the third quarter from $1.2bn (£775m) in the same period last year.
The results underlined the extent to which a hardening insurance market can be profitable for brokers.
Earnings from insurance services were the main driver behind an increase in net income to $299m (£193m) for the quarter from $168m (£109m) for the same time last year.
The worldwide broking group's risk and insurance operations pulled in revenues of $4.3bn (£2.78bn) in the first nine months of 2002 compared to $3.8bn (£2.5bn) in the same period last year.
Revenues from investment management declined and there was a small increase in those from consulting.
Operating income rose to $512m (£331m) in the third quarter from $312m (£201m) the time before and over nine months to $1.8bn (£1.2bn) from $1.5bn (£969m) the time before.
Basic net income per share increased in the third quarter to 56 cents from 31 cents the time before and over nine months to $1.94 from $1.51.
Chairman Jeffrey W Greenberg said: "Risk and insurance services performed well for clients in a difficult insurance market and generated excellent results for shareholders ."
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
