WTW delivers 8% organic growth in broking
WTW has revealed 8% organic growth in its risk and broking division for 2024 as the unit’s revenue rose to $4.04bn (£3.23bn) for the year.
The organic growth rate was down slightly on the 10% achieved in 2023 but ahead of the 3% achieved in 2022.
The figures came as across the broking giant, including its health, wealth and career division, total revenue was up 5% year-on-year to $9.93bn.
The business fell to an overall loss of $88m from a profit of $1.06bn the year before due mainly to over $1bn of impairment charges from the sale of direct-to-consumer insurance distribution business TRANZACT.
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