Willis Towers Watson plc WTW is well-poised for growth on increasing organic commissions and fees, customer retention levels, new business, strategic buyouts, solid capital position and favorable growth estimates. These factors make Willis Towers stock worth retaining in one’s portfolio.Willis Towers has a solid track record of beating earnings estimates in the last 14 quarters.It carries a VGM Score of B.Zacks Rank & Price PerformanceWillis Towers currently carries a Zacks Rank #3 (Hold). In a year, the stock has gained 5.1% against the industry’s decline of 1.9%.Image Source: Zacks Investment ResearchOptimistic Growth ProjectionsThe Zacks Consensus Estimate for Willis Towers’ 2022 earnings is pegged at $13.54, indicating an increase of 16.7% from the year-ago reported figure. The consensus mark for 2023 earnings stands at $15.30, suggesting growth of 13% year over year.The expected long-term earnings growth is pegged at 16%, better than the industry average of 11.3%.Business TailwindsWillis Towers’ top line should continue to benefit from solid customer retention levels and growing new business as well as geographic diversification. For 2022, WTW expects to deliver mid-single-digit organic revenue growth.WTW’s growth strategy focuses on core opportunities with the highest growth and returns. The broker innovated and developed its offerings in markets and boosted its abilities in faster-growth markets. Strategic buyouts add to the upside apart from expanding its geographical footprint, increasing capabilities and strengthening its portfolio.Willis Towers remains on track to generate more than $360 million of annualized savings through 2024, contributing 360 basis points of margin improvement. It estimates $110 million of run-rate savings in 2022.Improving liquidity along with a solid balance sheet bodes well for growth.Effective Capital DeploymentWillis Towers has a decent dividend history of raising dividends at a nine-year CAGR (2014-2022) of 11.8%. WTW also expects to complete an additional repurchase of $3 billion in 2022.Willis Towers estimates to deploy $10-$11 billion in capital through 2024 to drive shareholder value with new investment and aims for industry-leading total shareholder return.Upbeat 2024 Financial TargetsWillis Towers re-cast its 2024 financial target following the divestiture of its Russian subsidiaries. It now aims to deliver more than $9.9 billion in revenues, adjusted operating margin between 23% and 24% and adjusted earnings per share between $17.50 and $20.50. It remains on track to deliver mid-single-digit organic revenue growth and 400-500 basis points of adjusted operating margin expansion. Free cash flow is estimated between $4.3 and $5.3 billion.Stocks to ConsiderSome better-ranked stocks from the property and casualty insurance industry are MGIC Investment Corporation MTG, Radian Group Inc. RDN and EverQuote EVER, each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.The bottom line of MGIC Investment surpassed estimates in each of the last four quarters, the average being 36.34%. Year to date, the insurer has lost 7.1%.The Zacks Consensus Estimate for MTG’s 2022 earnings indicates a year-over-year increase of 49.7%. The expected long-term earnings growth rate is pegged at 5%.Radian delivered a trailing four-quarter average earnings surprise of 45.10%. Year to date, RDN has lost 9%.The Zacks Consensus Estimate for Radian’s 2022 earnings indicates a year-over-year increase of 49.5%. The expected long-term earnings growth rate is pegged at 5%.EverQuote’s earnings surpassed estimates in each of the last four quarters, the average being 40.50%. Year to date, EVER has lost 29.4%.The Zacks Consensus Estimate for EVER’s 2022 and 2023 earnings has moved 45.5% and 17.6% north in the past 30 days. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MGIC Investment Corporation (MTG): Free Stock Analysis Report Radian Group Inc. (RDN): Free Stock Analysis Report EverQuote, Inc. (EVER): Free Stock Analysis Report Willis Towers Watson Public Limited Company (WTW): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research