Willis Group Holdings plc

• Mining Insurance Losses Cause 30% Drop in Capacity

  By Mark E. Ruquet, PropertyCasualty360.com  |  February 6, 2012

  Over $3 billion in losses for the mining-insurance industry has resulted in the loss of 30 percent of insurance capacity, says a report from Willis Group Holdings plc.

• Who Pays for National Catastrophes?

  By Dave Lenckus  |  February 1, 2012

  Although insurance capacity for catastrophic perils is still available and affordable, some experts say last year’s huge losses already are driving up insurance costs and could shrink capacity, federal financial assistance or both.

• Brokers Report Mixed 3Q Results

  By Mark E. Ruquet  |  November 4, 2011

  Insurance brokers have reported mixed results for 2011’s third quarter, with Willis Group Holdings PLC posting an 8 percent decrease in net income; Arthur J. Gallagher posting a 14 percent increase; and Aon Corp. reporting a 38 percent increase—but facing questions from financial analysts over the performance of its consulting...

• 

  ACE’s Greenberg, Fitch Ratings See Rates Improving

  By Chad Hemenway, PropertyCasualty360.com  |  October 27, 2011

  ACE Ltd. Chief Executive Officer Evan Greenberg says September was the best month for pricing this year, and a statement by Fitch says it is seeing “positive” rate increases, but as Greenberg says, whether the trend continues “remains to be seen.”

• Willis 3Q Net Income Drops 8% After Charge from Operational Review

  By Mark E. Ruquet, PropertyCasualty360.com  |  October 25, 2011

  Insurance broker Willis Group Holdings plc says third-quarter net income decreased 8 percent in part due to a $15 million charge for its operational review that eliminated 200 positions during the third quarter.

• Willis Europe Acquires Polish Insurance Broker

  By Staff Writer  |  August 25, 2011

  Willis Europe B.V., a division of Willis Group Holdings plc, says it has acquired 100 percent of the shares of Polish insurance broker, Brokerskie Centrum Ubezpieczeniowe Sp. Zoo.

• Willis Opens Office In Kazakhstan

  By Staff Writer  |  June 22, 2010

  Willis Group Holdings plc said it has opened an office in Kazakhstan, the third such office the insurance broker has opened in the former Soviet Union.

• Willis Reports 1Q Net Income Up 6%

  By Mark E. Ruquet, PropertyCasualty360.com  |  April 29, 2010

  Willis Group Holdings, plc, reported first-quarter net income rose 6 percent over last year as the company captured new business and continued to control costs.

• Willis Collects More Than $400,000 For Haitian Relief

  By Staff Writer  |  March 31, 2010

  Insurance brokerage Willis Group Holdings, plc., said it raised more than $400,000 for Haitian earthquake relief efforts using a special internal company Web site to gather donations.

• Marsh Says No to Contingent Commissions on Core Business

  By Daniel Hays  |  March 26, 2010

  Marsh has announced it will not accept controversial contingent commissions in its U.S. core insurance broking segment.