Insurance broker Willis reported net income in the second quarter of this year rose 8 percent compared with last year as its chief executive insisted organic growth has remained consistently stronger than its rivals.
The London-headquartered broker reported net income increased $6 million in the quarter over the same period last year to $78 million, or 54 cents a share, up 9 cents. Revenues grew 6 percent, or $33 million, to $626 million.
For the first six months of the year, net income rose $35 million, or 17 percent, to $247 million, or $1.65 a share, an increase of 32 cents a share. Revenues grew 8 percent, or $101 million, to $1.4 billion.
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