Willis Group reported net income of $117 million, or $0.64 per diluted share, during the third quarter ending Sept. 30, compared to a net loss of $7 million, or $(0.04) per diluted share, in the prior year quarter. For the …
Willis Group Holdings plc has appointed Julian Vero as regional leader of Natural Resources in the Central and Eastern Europe, Middle East and Africa (CEEMEA) region. Vero will drive growth in the high-potential CEEMEA region by bringing the full range …
Willis Group Holdings plc has launched a modeling tool that enables risk managers to forecast third party motor risk across Europe. The Dynamic Casualty Forecast tool uses Willis’ proprietary data so that a client with significant motor exposure of any …
Stakeholders who own millions of shares in Towers Watson & Co. are planning to vote against the firm’s $8.7 billion merger with Willis Group Holdings Plc if the terms of the transactions are not improved, people with knowledge of the …
Willis Group Holdings plc announced the completion of its acquisition of PMI Health Group (PMIHG), a leading independent healthcare adviser and broker in the UK. PMIHG will operate as Willis PMI Group while the business integrates with Willis Employee Benefits …
Willis Group Holdings is providing $1 million to help mobilize a global “Resilience Modelling and Mapping Forum” to address natural catastrophe risk, according to Dominic Casserley, CEO. The Resilience Modelling and Mapping Forum is a collaboration between the global re/insurance …
A proper understanding of risk tolerance is one of the key factors that can help the risk function demonstrate that it is much more than a cost center and truly adds value to the organization, according to John Merkovsky, head …
BB&T IHC International Ltd. has acquired a 16.9 percent interest in Miller Insurance Services LLP, the London-based specialist wholesale insurance broking firm. BB&T, which owns the world’s sixth largest insurance broking business, acquired its stake from Willis Group Holdings plc, …
Willis Group Holdings has appointed Toby Wemyss as global head of placement, effective immediately. He succeeds David Martin, who will be leaving the company. In this role, Wemyss will drive the continuing development of Willis’ global placement strategy, leading the …
White Mountains Insurance Group Ltd. agreed to sell Sirius International Insurance Group Ltd. for about $2.2 billion to an arm of China Minsheng Investment Corp. The price for the reinsurer will be 127 percent of shareholders’ equity, plus $10 million, …
