Willis Towers Watson’s first-quarter profit leapt 43.7% to $US352 million ($475.2 million) as it continued to consolidate following the merger in January last year of broker Willis and professional services company Towers Watson.

First-quarter consolidated revenue was $US2.32 billion ($3.1 billion), compared with $US2.23 billion ($3.01 billion) in the corresponding period last year.

Commissions and fees increased to $US2.31 billion ($3.12 billion) from $US2.23 billion ($3.01 billion).

The investment, risk and reinsurance segment’s commissions and fees increased 1% to $US502 million ($679.02 million).

CEO John Haley says the “great results” follow much hard work.

“I’m very pleased with the first-quarter results, and particularly pleased for our colleagues, who have worked with unwavering focus on our clients and in unifying and integrating Willis Towers Watson,” he said. “As planned, our integration efforts remain ongoing, and I expect we will continue to navigate challenges over the next two years.” 

Mr Haley says, despite headwinds, the “strong foundation of our core business” should help the merged company reach its potential.