In what its CEO characterized as “an excellent start to the year,” Marsh & McLennan Cos. reports first-quarter revenue of $3.1 billion, a 2 percent increase over the same period last year.

Profits were up as well, growing to $413 million, compared to $347 million in 2012.

“Our quarterly results represent [a continuation of] the strong earnings momentum the company has achieved over the past several years. Marsh delivered underlying revenue growth across all major geographies, led by strong performance in the International division as well as sequential improvement in the U.S./Canada division,” said Dan Glaser, Marsh's president & CEO. “Guy Carpenter's underlying revenue growth in the quarter was driven by strong growth in its International and Global Specialty operations.

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