Marsh & McLennan says second-quarter profit grew 11% to $US431 million ($460.5 million) as revenues increased at its insurance and consulting divisions.

“This was our strongest quarterly revenue performance in two years, with all operating companies contributing,” President and CEO Dan Glaser said.

Marsh Asia-Pacific revenues increased 6% to $US194 million ($207 million), including an adverse effect from currency movements. Underlying revenue gained 9%.

Total risk and insurance services revenues increased 6% to $US1.79 billion ($1.91 billion), with Marsh contributing $US1.49 billion ($1.59 billion) and reinsurance broker Guy Carpenter adding $US295 million ($315 million).

The company has reported a second-quarter investment loss of $US2 million ($2.1 million), compared with income of $US23 million ($24.6 million) in the corresponding period last year.

Marsh & McLennan’s net profit for the six months to June 30 increased 9% to $US874 million ($933.8 million), with total revenue rising 6% to $US6.56 billion ($7 billion).