The leading global advisory, broking and solutions company WILLIS TOWERS WATSON, reported total revenues of USD 1.95 billion for Q2 2016, an increase of 8% y-o-y, while net income attributable to the company was 72 million, a decrease from USD 114 million for the prior-year second quarter. For 2016, WILLIS TOWERS WATSON expects reported revenue growth of around 7%.

For three months ended June 30, WILLIS TOWERS WATSON reported commissions and fees of about USD 1.89 billion vs. USD 1.77 billion at the end of Q2 2015, as follows:

The Human Capital & Benefits segment reported commissions and fees of USD 760 million, an increase of 1% from USD 750 million in the prior-year second quarter. The Corporate Risk & Broking segment had commissions and fees of USD 623 million, an increase of 7% y-o-y (USD 581 million), while in case of the Investment, Risk & Reinsurance the same indicator was USD 355 million, 5% more y-o-y. For the quarter, the Exchange Solutions segment had commissions and fees of USD 154 million, an increase of 47% from USD 105 million in the prior-year second quarter.

"I'm encouraged with the results this quarter for a number of reasons. We've made significant strides in our integration efforts, kept continued focus on the market and our clients, and won new business through the strong collaboration of our colleagues around the world.  I'm also very pleased with the results and continued development of the Exchange business," said John HALEY, WILLIS TOWERS WATSON's chief executive officer. 

Note: On January 4, 2016, the merger of WILLIS Group Holdings and TOWERS WATSON & Co. was completed. In this article are presented the consolidated figures for the quarter ended June 30, 2016 and certain pro forma results for the quarter ended June 30, 2015.

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