Marsh McLennan reports fourth quarter and full-year 2022 results

• Full-Year Revenue Growth of 5%; Underlying Revenue Growth of 9%
• Full-Year GAAP Operating Income Decreases 1%; Adjusted Operating Income Increases 11%
• Full-Year GAAP EPS of $6.04; Adjusted EPS Increases 11% to $6.85
• Fourth Quarter GAAP EPS of $0.93; Adjusted EPS Increases 8% to $1.47

NEW YORK | January 26, 2023

Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, today reported financial results for the fourth quarter and year ended December 31, 2022.

John Doyle, President and CEO, said: "2022 was an outstanding year for Marsh McLennan. We generated underlying revenue growth of 9%, grew adjusted EPS by 11%, and expanded adjusted margins for the 15th consecutive year. We achieved these strong results while continuing to invest in our talent and capabilities, both organically and through acquisitions."

"It is a privilege to lead this exceptional firm. Our expertise across the important areas of risk, strategy and people is more relevant than ever as we help clients navigate an uncertain world. I am excited about the possibilities ahead."