Broking giant Marsh has revealed its quarterly profit rose by 9% on the back of higher premiums.
The broker reported a 10% surge in its overall revenue, on the back of gains in its risk and insurance operations. Its risk and insurance services revenues rose by 17% to $1.7bn (£1.06bn) in the second quarter.
Meanwhile, its second-quarter net profit climbed to $365m (£228m) from $336m (£210m).
Jonathan Balkind, an analyst at Fox-Pitt Kelton, said: "The quarter was very solid with a combination of revenue and expense improvement in the insurance operation, and probably slightly better-than-expected results at Putnam."
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
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.
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.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
