Willis Towers Watson PLC (WLTW) is one of the largest 澳洲幸运5官方开奖结果体彩网:multinational insurance advisory and brokerage firms in the world. The 2016 merger of Willis Group Holdings PLC and Towers Watson & Company, valued at $18 billion, helped boost the company's position in the global marketplace. As of Nov. 15, 2024, the company's 澳洲幸运5官方开奖结果体彩网:market capitalization was about $31.5 billion.

The London-based firm offers professional consulting, support, and outsourcing services in the areas of insurance and 澳洲幸运5官方开奖结果体彩网:reinsurance, pensions and retirement plannin🔯g, healthcare insurance, technology, and risk management.

In October 2024, the company expanded its global footprint by securing an insurance license to operate as a broker in Saudi Arabia and opening a new insurance brokerage service in Japan. And in mid-November WLTW stock hit an all-time high of $318.52, a one-year change in growth of 35.76%.

The company faces competition in the professional services industry from the likes of rivals Marsh & McLennaꦏn Companies, Aon P♒LC, and Arthur J. Gallagher & Company.

How the Competitors Stack Up

There are many ways we can compare Willis Towers Watson with its competition. One of the metrics we can use is market cap. Remember, this is the 澳洲幸运5官方开奖结果体彩网:total dollar market value of a company's outstanding stock shares. It is calculated by multiplying a company's total number of outstanding shares by the current 澳洲幸运5官方开奖结果体彩网:market price of a single share.

Here's how Willis Towers Watson and its rivals rank in terms of market cap:

• Marsh & McLennan (MMC): $109.1 billion
• Aon (AON): $82.0 billion
• Arthur J. Gallagher (AJG): $64.6 billion
• Willis Towers Watson: $31.5 billion
  

Willis Towers Watson was below its competitors in terms of 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) for the 澳洲幸运5官方开奖结果体彩网:trailing 12 months (TTM) in November 2024 at -$7.22, compared to $8.11 for Marsh & McLennan, $11.68 for AON, and $5.24 for Arthur J. Gallagher.

Marsh & McLennan Companies

Marsh & McLennan's roots date back to 1871 when co-founder Henry Marsh dropped out of Harvard to pursue his fortune as an insurance broker in Chicago, where the Great Fire wiped out much of the competition. In 1905, his company merged with that of Donald McLennan, who shared his enthusiasm for selling insurance products to the nation's railroad companies.

The company now operates in two major business segments: risk management, and insurance services.

MMC stock closed at $222.14 on Nov. 15, 2024. Its shares were up more than 14.8% from a year before, compared to 30.4% for the 澳洲幸运5官方开奖结果体彩网:S&P 500 Index. It had a 澳洲幸运5官方开奖结果体彩网:dividend yield of 1.47%.

Aon PLC

London-based Aon PLC was created by the 1982 merger of Ryan Insurance Group and the Combined Insurance Co. of America. Its global presence grew through 澳洲幸运5官方开奖结果体彩网:acquisitions in Holland and Spain, among other countries.

Aon's recent acquisitions include NFP, a middle-market property and casualty broker based in New York, for $13 billion. An attempt to acquire Willis Towers Watson ended in 2021 after the U.S. Justice Department sued to stop the deal, saying it was anti-competitive.

London-based Aon closed at $379.29 on Nov. 15, 2024. That's an increase of 16.4% in a year. It had a dividend yield of 0.71%.

Arthur J. Gallagher & Company

Arthur J. Gallagher & Company, also known simply as Gallagher, was founded in 1927 as a Chicago insurance company and is headquartered in Rolling Meadows, Illinois.

The company grew through acquisitions, including nearly 400 made between 2010 and 2018, and 51 just in 2023. It now operates three business segments, including insurance 澳洲幸运5官方开奖结果体彩网:brokerage, risk management, and corporate profe🎶ssional servicജes.

AJG closed the day at $294.58 on Nov. 15, 2024. That's a 21% increase in one year. The company had a dividend yield of .81%.

The Bottom Line

Willis Towers Watson is one of the top four insurance advisory and brokerage firms in the world. Its 2023 ranking by AM Best was third in terms of total revenue, but in 2024 the company dropped to fourth place. It has been expanding its global reach in 2024, opening an insurance brokerage service in Japan and obtaining an insurance license to operate as a broker in Saudi Arabia.