MRSH Risk and Insurance Services — Revenue, excluding fiduciary interest income increased by 28.0% to $4.97B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.6%, from $4.66B to $4.97B. Over 4 years (FY 2021 to FY 2025), Risk and Insurance Services — Revenue, excluding fiduciary interest income shows an upward trend with a 8.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates strong demand for core brokerage and risk advisory services, while a decrease may signal market saturation or pricing pressure.
This metric represents the core operating revenue generated by the risk and insurance services segment, excluding income...
Standard across insurance brokers like Aon or Willis Towers Watson, often referred to as core commission and fee revenue.
mrsh_segment_risk_and_insurance_services_revenue_excluding_fiduciary_interest_income| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.02B | $3.02B | $3.02B | $3.13B | $3.13B | $3.13B | $3.13B | $3.82B | $3.61B | $3.06B | $3.15B | $4.15B | $3.90B | $3.32B | $3.54B | $4.66B | $4.53B | $3.80B | $3.88B | $4.97B |
| QoQ Change | — | +0.0% | +0.0% | +3.8% | +0.0% | +0.0% | +0.0% | +21.8% | -5.3% | -15.4% | +2.9% | +31.9% | -6.1% | -14.9% | +6.6% | +31.8% | -2.9% | -16.1% | +2.1% | +28.0% |
| YoY Change | — | — | — | — | +3.8% | +3.8% | +3.8% | +21.8% | +15.4% | -2.3% | +0.5% | +8.8% | +7.8% | +8.4% | +12.3% | +12.2% | +16.1% | +14.6% | +9.7% | +6.6% |