Towers Watson posts $58mn quarterly profit
Towers Watson - the new entity from the merger of actuarial and risk consulting and management firms Towers Perrin and Watson Wyatt - posted $58mn profit for the fourth quarter.
The consulting giant also owns the world's fourth-largest reinsurance broker.
On a pro-forma basis, the merged entity said revenues declined 3 percent because of the economic environment.
It added that revenues were $1.55bn for the six months ended 30 June 2010.
"We have now operated as Towers Watson for six...
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