Global brokerage firm WTW has reported 5% organic revenue growth for the fourth quarter of 2022 to $2.72 billion, although net income for the period fell by 75%, year-on-year, to $593 million.
For the full year 2022, WTW achieved 4% organic revenue growth to $8.866 billion, as net income for the year declined by 74% to $1.024 billion when compared with 2021.
Effective January 1st, 2023, the insurance broker realigned to provide its services and solutions across two business segments: Health, Wealth & Career (HWC) and Risk & Broking (R&B), and three geographies: Europe, International, and North America.
