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Global insurance and reinsurance broking group WTW generated revenue of $2.466 billion in the second quarter of 2026, reflecting growth of 9%, or 5% on an organic basis, as income from operations fell by 1% to $364 million in a solid quarter for the company.
Group-wide, the operating margin was 14.8% in Q2’26 compared with 16.3% in Q2’25, as adjusted operating income rose by 15% to $480 million, with an adjusted operating margin of 19.5%, compared with 18.5% a year earlier.
Net income across the business hit $231 million in Q2’26, a decrease of 30% from Q2’25’s $332 million, while adjusted net income increased by 11% to $316 million.
Within WTW’s Risk & Broking unit, total revenue increased 11%, or 7% on an organic basis to $1.164 billion, as operating income rose by 16% to $258 million.
Corporate Risk & Broking had organic revenue growth driven by new business activity and strong client retention globally, while Insurance Consulting and Technology delivered organic revenue growth primarily from strong software sales in the Technology practice, explains WTW.
Health, Wealth & Career total revenue rose 8%, or 4% on an organic basis to $1.27 billion, as the segment’s operating income increased by 9% to $306 million.
WTW explains that Health delivered organic revenue growth with positive contributions from all regions, while Wealth generated organic revenue growth supported by higher levels of retirement work across all regions. Career revenue was flat on an organic basis, and Benefits Delivery & Outsourcing revenue increased organically as expanded project work, new client wins and regulatory driven work in Outsourcing were partially offset by lower commissions in Individual Marketplace.
Carl Hess, WTW’s Chief Executive Officer, said: “WTW delivered solid second quarter results, reflecting business momentum and disciplined execution. This performance underscores the meaningful progress we’ve made embedding AI and automation across our business, enabling us to deliver higher-value client solutions and a more compelling colleague experience. Propel, WTW’s AI Acceleration Plan announced today, builds on that foundation and is intended to further accelerate performance and enhance efficiency, creating value for shareholders and further strengthening WTW’s differentiated position in the market. We remain confident in delivering on our full-year 2026 guidance and achieving our new 2028 margin target.”
Alongside the Q2’26 results, the broker has announced Propel to embed artificial intelligence and automation across the enterprise, which the firm expects to be finalised by the end of 2028.
The firm explains: “Supported by the Company’s ongoing investments in AI, data and technology, including the acquisition of Newfront, Propel is expected to enhance client service and create additional opportunities for growth as well as streamline core operating processes. WTW expects these efforts to accelerate performance and enhance efficiency, reinforcing WTW’s strengths.”
Further, WTW expects to invest roughly $625 million of cash and incur roughly $25 million in non-cash charges to generate approximately $400 million in run-rate savings, delivering a cash-cost-to-achieve ratio of approximately 1.6 times.
The post WTW posts organic revenue growth of 5% for Q2’26 appeared first on ReinsuranceNe.ws.
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