WTW realigns to two segments, provides recast 2019-2021 revenue and margin data

WILLIS TOWERS WATSON PLC

Effective Jan 1, 2022, WTW consolidated four segments into Health, Wealth & Career (HWC) and Risk & Broking (R&B).
2021 segment revenue: HWC $5,268M, R&B $3,564M; total segment revenue $8,832M.
2021 segment operating margin: HWC 25.6%, R&B 23.4%; total segment margin 24.7%.
Recast organic revenue growth for 2021 vs 2020: 6% for total segments; 6% HWC, 5% R&B.
Changes are structural only; no impact on previously reported consolidated financial results.

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