Willis Towers (WTW) Q2 Earnings Beat Estimates, Improve Y/Y

Corporate Risk & Broking had organic revenue growth, primarily driven by higher levels of new business activity, strong client retention and renewal increases across all geographies. Insurance Consulting and Technology had flat organic revenue growth in the reported quarter, primarily due to tempered demand for discretionary services. Long-term debt increased 16.2% to $5.3 billion at quarter-end from the end of 2023. 2024 Outlook The insurer expects approximately$88 million in non-cash pension income. It e ...