Marsh & McLennan made a first-quarter net profit of $US690 million ($913 million), up from $US569 million ($753 million) in the corresponding period of last year, thanks to solid results from its risk and insurance services arm.

Revenue grew 14% to $US4 billion ($5.3 billion) in the three months to March 31.

The risk and insurance services arm, which includes Marsh and reinsurance broker Guy Carpenter, increased revenue by 18% to $US2.34 billion ($3.1 billion).

Marsh’s revenue grew 6% to $US1.69 billion ($2.24 billion) and Guy Carpenter reported a 66% rise to $US637 million ($843 million).

Revenue from the Asia-Pacific region grew 8% to $US164 million ($217 million).