Willis predicts opportunities for insurers from mature markets that are seeking to expand in Asia. (Kritchanut/Shutterstock.com)

(Bloomberg) — Willis Group Holdings Plc’s Rafal Walkiewicz and Michael Guo, who were promoted last week to lead the investment-banking operation, are focusing on Asia as they vie with Wall Street in advising insurance takeovers.

The co-chief executive officers are leading a staff of about 35 dealmakers who pair investors to insurance assets, they said in an interview. Walkiewicz joined the capital markets and advisory business at London-based Willis last year from Goldman Sachs Group Inc. and works in New York.

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