Gras Savoye News

Willis Towers Watson Strengthens Facultative Reinsurance Team in France

Willis Towers Watson announced it has reinforced its existing facultative reinsurance business in France by strengthening and growing its Paris-based team. The global advisory, broking, and solutions company has strengthened its proposition by creating an independent and dedicated team of …

Willis Towers Watson Completes Purchase of French Aviation Broker, OAAGC

Willis Towers Watson has concluded its negotiations with OAAGC, the French aviation brokerage, and has now completed the acquisition of its team and book of business. Willis Towers Watson said the deal makes it the leading aviation broker in France. …

Willis Towers Watson Plans to Acquire French Aviation Broker, OAAGC

Willis Towers Watson has entered into exclusive negotiations with OAAGC, the French aviation brokerage, to acquire its team and book of business. Paris-based OAAGC (Office d’Assurances Aériennes G. de Cugnac) was founded in 1898 and its team of 16 is …

Willis Completes Acquisition of France’s Gras Savoye

Willis Group Holdings plc, the global risk advisory, re/insurance broking, and human capital and benefits firm, announced the completion of its acquisition of Gras Savoye, the leading French insurance broker. On April 22, 2015, Willis Group announced it planned to …

Willis Reports Q3 Net Income of $117M, Compared to $7M Net Loss in Q3 2014

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 Appoints Vero as Natural Resources Industry Leader for CEEMEA Region

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 CEO: Gras Savoye Acquisition Part of Strategy to Expand Global Reach

Willis Group Holdings plc, the third-largest insurance broker, offered to buy the 70 percent of Gras Savoye that it doesn’t already own to expand in France, Eastern Europe and the Middle East. Willis will pay 550 million euros ($590 million), …

Willis International Chairman Sarah Turvill to Retire; Will Join Board

Willis Group Holdings announced that Sarah Turvill will retire as Chairman of Willis International at the end of 2013, and that she has been appointed as a Non-Executive Director to the Willis Limited Board, effective in January 2014 and subject …

French Broker Gras Savoye Receives License to Operate in Georgia

France’s Gras Savoye, which is closely associated with Willis, announced that it has received a license to commence brokerage operations in Georgia (the country – not the state), as part of its initiative to expand its business from Turkey into …