Willis Towers Watson CEO John Haley is “very pleased” with third-quarter results that include rises in revenue and commission and fees, despite a net loss of $US54 million ($70.02 million).

The loss compares with a $US32 million ($41.48 million) loss in the corresponding period last year.

The figure includes $US74 million ($95.93 million) of pre-tax transaction and integration expenses and $US31 million ($40.18 million) of restructuring costs.

Total revenue increased 4% to $US1.85 billion ($2.39 billion), while commissions and fees increased 4% to $US1.83 billion ($2.37 billion).

“I’m very pleased with the third-quarter results and, perhaps more important, with what they represent: the commitment of our leadership and colleagues to providing outstanding service to our clients, which in turn is allowing us to build a company and develop business strategies for the long term as envisioned by the [group’s] merger objectives,” Mr Haley said.

“Their focus and determination are paying off. In normal circumstances, we would be celebrating our success, but instead our colleagues have been focused on helping our clients deal with the ramifications of the many recent catastrophic events.

“I’ve been extremely proud of how our brokerage colleagues have come together to support our clients and each other during this difficult time.”