WTW has reported net income of $332m for the second quarter of 2025, up by 134% compared to $142m in the same period last year.
Adjusted net income also rose by 15% to $285m from $247m in the previous year’s quarter.
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The insurer’s diluted earnings per share reached $3.32, a 144% increase from the prior year.
Despite this, revenue for the quarter remained steady at $2.26bn, a slight decrease from $2.27bn in the previous year, influenced by the sale of TRANZACT.
The risk and broking segment saw a 7% revenue increase, totalling $1.05bn, up from $979m the year before.
This growth was attributed to increased new business activity and strong client retention globally.
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By GlobalDataIn contrast, the insurance consulting and technology segment’s revenue remained unchanged as clients were cautious with their spending due to ongoing economic uncertainties.
The health, wealth and career segment reported a 6% decline in revenue to $1.18bn, down from $1.26bn in the prior year, also due to the TRANZACT sale.
However, the health division achieved organic revenue growth, with increases outside North America and stable performance within the region.
WTW CEO Carl Hess said: “Our strong second-quarter results demonstrate the meaningful progress we have made towards advancing our strategy, helping deliver solid topline results, along with margin and earnings growth.”
“Building on our strong first-half performance and continued momentum, we enter the second half of 2025 on track to deliver on our financial framework, including mid-single digit organic revenue growth, operating margin expansion, adjusted earnings per share growth and free-cash-flow margin expansion.”
For the first half of 2025 (H1 2025), WTW’s net income was $566m, compared to $331m for the same period last year.
The company reported half-year revenue of $4.48bn, a 2.7% drop from the $4.6bn recorded in the previous year.
WTW has also outlined plans for share repurchases totalling approximately $1.5bn in 2025, contingent on market conditions and potential capital allocation.
