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30 April 2017
Willis Towers Watson earned $US34 million ($44.47 million) net profit in the fourth quarter, taking its full-year net profit to $US312 million ($408.41 million).
This compares to a net profit of $US66 million ($86.4 million) for the corresponding quarter of 2015, calculated on a pro-forma basis, and full-year net profit of $US640 million ($837.78 million).
Broker Willis and professional services company Towers Watson completed an $US18 billion ($23.56 billion) merger in January last year.
Revenue in the December quarter totalled $US1.9 billion ($2.49 billion), giving $US7.9 billion ($10.34 billion) for the year.
Commissions and fees generated from the investment, risk and reinsurance segment fell to $US260 million ($340.3 million) in the fourth quarter from a pro-forma $US287 million ($375.66 million) in the corresponding period of 2015.
The fourth-quarter restructuring cost was $US78 million ($102.1 million) and integration expenses totalled $US60 million ($78.54 million).
28 April 2017
This is a rare opportunity to be a part of TIO, and lead our NT commercial business to achieve continued success and growth.
18 April 2017
The successful applicant will be responsible for all ANZ Claims (ie direct) related strategic procurement for bodily injury (ie providers of services relating to health, recovery and injury management) and investigations (ie providers of investigative services).
11 April 2017
Westlawn Insurance Brokers is an established and respected local company with nine branches across Northern NSW. We are looking for an Insurance professional with drive and commitment to join our Lismore team.