{"id":1190,"date":"2025-04-24T11:00:45","date_gmt":"2025-04-24T11:00:45","guid":{"rendered":"https:\/\/esportslegendary.com\/?p=1190"},"modified":"2025-04-24T13:07:45","modified_gmt":"2025-04-24T13:07:45","slug":"wtw-sees-net-income-hit-239m-in-q125","status":"publish","type":"post","link":"https:\/\/esportslegendary.com\/index.php\/2025\/04\/24\/wtw-sees-net-income-hit-239m-in-q125\/","title":{"rendered":"WTW sees net income hit $239m in Q1\u201925"},"content":{"rendered":"

WTW has reported a net income of $239 million for Q1 2025, up from $194 million in Q1 2024, although revenue declined by 5% to $2.2 billion due to the sale of TRANZACT to GTCR and Recognize in Q4 of 2024 for $632.4 million<\/a>.<\/p>\n

\"\"Meanwhile, the advisory, broking and solutions company\u2019s adjusted EBITDA for Q1 2025 was $532 million, or 23.9% of revenue, a decrease of 3%, compared to Adjusted EBITDA of $546 million, or 23.3% of revenue, in Q1 2024.<\/p>\n

The firm\u2019s income from operations in Q1 2025 was $432 million, up a considerable 54% from $280 million in Q1 2024.<\/p>\n

Broken down, WTW disclosed that its Health, Wealth & Career segment had revenue of $1.17 billion in Q1 2025, a decrease of 13% from $1.34 billion in Q1 2024.<\/p>\n

On this segment, WTW commented, \u201cHealth delivered organic revenue growth in all regions, driven by solid client retention, new business and geographic expansion.<\/p>\n

\n
\n

\"Download<\/a><\/p>\n<\/div>\n<\/div>\n

\u201cWealth generated organic revenue growth from higher levels of Retirement work in Europe and International, alongside growth in our Investments business due to the success of our LifeSight solution and capital market improvements.<\/p>\n

\u201cCareer had modest revenue growth as increased advisory work was tempered by some postponements amid economic uncertainty. Benefits Delivery & Outsourcing revenue grew primarily from increased project and core administration work.\u201d<\/p>\n

At the same time, WTW\u2019s Risk & Broking segment had revenue of $1.03 billion in Q1 2025, an increase of 5% from $978 million in Q1 2024.<\/p>\n

The firm noted that Corporate Risk & Broking (CRB) achieved organic revenue growth driven by increased new business activity and strong global client retention, while Insurance Consulting and Technology (ICT) saw growth fueled by its Consulting and Technology practices.<\/p>\n

Carl Hess, WTW\u2019s chief executive officer, commented, \u201cWe had a solid start to the year, delivering results in line with our expectations and making strong progress on our strategy to accelerate our performance, enhance our efficiency and optimize our portfolio.<\/p>\n

\u201cWe are well-positioned to help our clients navigate economic uncertainty and highly focused on driving continued growth and margin expansion, and we are confident in our outlook.<\/p>\n

\u201cI\u2019m proud of our team\u2019s dedication and look forward to achieving our strategic and financial goals together.\u201d<\/p>\n

The post WTW sees net income hit $239m in Q1\u201925<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

WTW has reported a net income of $239 million for Q1 2025, up from $194 million in Q1 2024, although revenue declined by 5% to $2.2 billion due to the sale of TRANZACT to GTCR and Recognize in Q4 of 2024 for $632.4 million. Meanwhile, the advisory, broking and solutions company\u2019s adjusted EBITDA for Q1…<\/p>\n","protected":false},"author":1,"featured_media":346,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-1190","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reinsurance"],"_links":{"self":[{"href":"https:\/\/esportslegendary.com\/index.php\/wp-json\/wp\/v2\/posts\/1190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/esportslegendary.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/esportslegendary.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/esportslegendary.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/esportslegendary.com\/index.php\/wp-json\/wp\/v2\/comments?post=1190"}],"version-history":[{"count":3,"href":"https:\/\/esportslegendary.com\/index.php\/wp-json\/wp\/v2\/posts\/1190\/revisions"}],"predecessor-version":[{"id":1193,"href":"https:\/\/esportslegendary.com\/index.php\/wp-json\/wp\/v2\/posts\/1190\/revisions\/1193"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/esportslegendary.com\/index.php\/wp-json\/wp\/v2\/media\/346"}],"wp:attachment":[{"href":"https:\/\/esportslegendary.com\/index.php\/wp-json\/wp\/v2\/media?parent=1190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/esportslegendary.com\/index.php\/wp-json\/wp\/v2\/categories?post=1190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/esportslegendary.com\/index.php\/wp-json\/wp\/v2\/tags?post=1190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}