Willis recorded net income last year of $US373 million ($526.23 million), up 3% on the previous year.

Total commissions and fees were up about 1% to $US3.81 billion ($5.38 billion), while investment income dropped 25% to $US12 million ($16.93 million).

Willis and Towers Watson results will be consolidated for the period ending March 31, after the two companies’ merger was completed last month.

Willis Towers Watson President and Deputy CEO Dominic Casserley says the combined company enters this year “with solid momentum”.

CEO John Haley says the opportunities look even better now than when the merger was announced.

“It’s quite evident already, after the past seven months, that our aligned values, unwavering focus on clients and mutual drive to create a unique and powerful organisation are adding up to more than we could have anticipated.

“I’m very much looking forward to reporting on our future success.”