Profits up at Willis Towers Watson for 2018

raining-dollars

Broker achieves organic revenue growth.

Willis Towers Watson has posted $695m (£537.8m) of profit for 2018 with $378m coming in the final quarter.

The US-headquartered business has switched to a new accounting standard, however on a different like-for-like measure it noted that profit grew 36% over the year despite being lower in the final quarter.

Revenue for the year rose 4% to $8.4bn and by 14% in Q4 to $2.33bn.

Organic
Within the revenue measure the corporate risk and broking division (CRB) achieved a 5% uplift over the year to

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