Insight and Intelligence on the London & International Insurance Markets

25 February 2018

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Brokers report weaker organic growth in fourth quarter

Iulia Ciutina 14 February 2017

The brokerage sector felt the impact of the soft market in the fourth quarter, with two of the three leading P&C (re)insurance brokers all posting slower organic growth than a year earlier.

Willis Towers Watson (WTW) continued to suffer in its Investment, Risk and Reinsurance division (IRR) with a 3 percent organic revenue decline to $260mn.

This was the third consecutive quarter of contracting sales, and was due to declines in international reinsurance broking revenues and revenues from portfolio underwriting...

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This article was published as part of issue February 2017/2

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