During the quarter, total revenues increased to $3bn, being an increase of 3%, compared to $2.9bn of same period in the corresponding year.

The company reported an operating income of $406m for the latest quarter, compared to $391m reported in the comparable quarter of 2011.

Net income for the full year of 2012 was reported as $1.1bn, or $2.13 per dilute share, compared to $993m, or $1.79 per dilute share, for the year ago period.

For the twelve months of 2012, total revenues were $11.9bn, compared to $11.5bn of the prior year same period.

Operating income for the 2012 year was $1.8bn, an increase of 12%, compared to $1.6bn of the 2011 year.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Commenting on the result, Marsh & McLennan Companies president and CEO, Dan Glaser, said: "For the third consecutive year, both Risk and Insurance Services and Consulting achieved double-digit growth in adjusted operating income, contributing to overall growth of 12%,"

"Underlying revenue grew 5%. This performance was driven by growth in new business and continued high client revenue retention rates. Guy Carpenter’s underlying revenue growth of 6% marked its highest increase in several years. In Consulting, both Mercer and Oliver Wyman contributed to the segment’s growth in revenue and profitability in 2012," Glaser added.