(Bloomberg) -- Willis Group Holdings Plc’s Rafal Walkiewicz andMichael Guo, who were promoted last week to lead theinvestment-banking operation, are focusing on Asia as they vie withWall Street in advising insurance takeovers.

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

Willis, the third-largest insurance broker, hired Guo in 2013from Boston Consulting Group to build operations in Asia. Thecompany predicts opportunities for insurers from mature marketsthat are seeking to expand in the continent.

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