Willis Group Holdings Limited reported 2007 fourth-quarter net income dropped 36 percent but still managed to beat analysts' earnings per share estimates by 7 cents a share.

The London-based insurance brokerage firm reported today that its net income in the fourth quarter dropped to $95 million, off by $53 million compared to the same period last year, translating into earnings per share of 66 cents, a 28 cent decline over 2006. Revenues rose 3 percent, or $18 million, to $639 million.

For the year, net income was off 9 percent, or $40 million, to $409 million. Earnings per share were down 6 cents to $2.78 a share. Revenues rose 6 percent, or $150 million, to $2.6 billion.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.