WTW Reports $88M Loss in FY 2024

WTW has posted a net loss of $88 million for the fiscal year 2024, a significant decline from the $1.1 billion in profits reported in the previous year.

The company’s revenue for the year totaled $9.93 billion, marking a 5% increase compared to $9.48 billion in 2023. Organic revenue growth also saw a 5% rise year-on-year.

For the quarter, WTW reported diluted earnings per share (EPS) of $12.25, reflecting a 105% increase from the prior year. However, the company ended the year with a diluted loss per share of $0.96.

Related topics

• Higher Salaries for Hong Kong Insurance Workers
• Chubb’s FY 2024 Net Income Rises 2.7%
• Dai-ichi Life to Cut Equity Risk by 50% by 2030: Fitch