Growth in risk and consulting helped Marsh & McLennan lift first-quarter net income 6.8%.

Net income was $US347 million ($337 million), up from $US325 million ($315 million) in the first quarter last year.

Revenue increased 5.8% to $US3.05 billion ($2.96 billion).

Revenue for global broker Marsh increased 7.6% to $US1.38 billion ($1.34 billion) with Marsh & McLennan CEO Brian Duperreault saying its performance was “excellent, with strong new business development and higher client revenue retention rates contributing to underlying revenue growth across all geographies”.

Marsh’s Asia-Pacific division’s revenue climbed 13.6% to $US142 million ($138 million).

Reinsurance broker Guy Carpenter posted a 5% revenue increase to $US357 million ($346 million).

“Guy Carpenter’s strong underlying revenue growth in the quarter, which was driven by international operations, extends the trend of quarterly growth into the fourth consecutive year,” Mr Duperreault said.