Marsh & McLennan’s risk and insurance services division, which includes Guy Carpenter, achieved a 6% rise in third-quarter revenue to $US1.87 billion ($2.63 billion).

Broker Guy Carpenter improved its revenue by 11% to $US215 million ($302 million) on an underlying basis.

Group-wide net profit declined 29.7% to $US276 million ($388 million), but CEO Dan Glaser is confident the company is on the right track.

The $US5.6 billion ($7.9 billion) acquisition of UK-based broker JLT was a “highlight of the quarter” that will strengthen the business, he says.

“JLT is a premier organisation in our industry that we have admired for a long time,” Mr Glaser said. “The [combined entity] will create innovative solutions for our clients, career opportunities for our colleagues and value for our shareholders.”