Discontinued — last reported Q1 '24
Riskand Insurance Services — Revenue
MRSH Riskand Insurance Services — Revenue increased by 30.6% to $4.27B in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 9.4%, from $3.91B to $4.27B. Over 2 years (FY 2021 to FY 2023), Riskand Insurance Services — Revenue shows an upward trend with a 8.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates successful client acquisition, higher premium volumes, or improved service pricing, while a decrease may signal market contraction or loss of competitive positioning.
Detailed definition
This metric represents the total gross revenue generated by the risk and insurance services business segment, primarily...
Peer comparison
Comparable to brokerage fee and commission revenue reported by major insurance brokers and professional services firms.
mrsh_segment_risk_and_insurance_services_segment_revenueHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.14B | $2.67B | $3.05B | $3.55B | $3.31B | $2.84B | $2.95B | $3.91B | $3.72B | $3.19B | $3.27B | $4.27B |
| QoQ Change | — | -15.0% | +14.2% | +16.4% | -6.6% | -14.3% | +3.8% | +32.6% | -4.7% | -14.3% | +2.5% | +30.6% |
| YoY Change | — | — | — | — | +5.5% | +6.3% | -3.4% | +10.1% | +12.3% | +12.4% | +11.1% | +9.4% |
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Frequently Asked Questions
- What is MRSH's riskand insurance services — revenue?
- MRSH (MRSH) reported riskand insurance services — revenue of $4.27B in Q1 2024.
- How has MRSH's riskand insurance services — revenue changed year-over-year?
- MRSH's riskand insurance services — revenue increased by 9.4% year-over-year, from $3.91B to $4.27B.
- What is the long-term trend for MRSH's riskand insurance services — revenue?
- Over 2 years (2021 to 2023), MRSH's riskand insurance services — revenue has grown at a 8.0% compound annual growth rate (CAGR), from $12.09B to $14.09B.
- What does riskand insurance services — revenue mean?
- The total income earned from insurance brokerage and risk advisory services within the segment.