Joe Plumeri News

Willis CEO Plumeri Calls Response to Katrina ‘Our Defining Moment’

Joe Plumeri, Willis Group chairman and CEO, as the guest speaker at this year’s PricewaterhouseCoopers Breakfast Briefing at the Reinsurance Rendezvous in Monte Carlo, called on the industry to recognize the confluence of events impacting our industry as “our defining …

Willis, France’s Gras Savoye Create Willis Gras Savoye Re

Willis Group Holdings and Gras Savoye, a leading French insurance broker, announced that they have agreed to join their respective French and Belgian reinsurance businesses in a new Paris-based company, Willis Gras Savoye Re. “Gras Savoye has been an Associate …

Willis’ Plumeri Adopts 10b5-1 Share Trading Plan

Willis Group Holdings Ltd. announced that Chairman and Chief Executive Officer Joe Plumeri has adopted a pre-arranged, personal trading plan in accordance with guidelines specified by Rule 10b5-1 under the Securities Exchange Act of 1934. Rule 10b5-1 permits insiders to …

Willis Group Reports Results from Stockholder Meeting

Joe Plumeri, chairman and CEO of Willis Group Holdings Ltd., outlined the corporation’s progress through 2004, reflected on sweeping transformations taking place in the global insurance industry and the company’s platform for growth at the Annual Meeting of Shareholders which …

Willis reports $76 Million Drop in Q1 Net; Announces $300 Million Share Buyback

Global insurance broker, Willis Group Holdings Limited, reported that net income in the quarter ended March 31, 2005 was $72 million, or $0.43 per diluted share, compared with $148 million, or $0.87 per diluted share, a year ago, a $76 …

Willis CEO Plumeri to Open RIMS Conference in Philadelphia with Call for Industry Change

Joe Plumeri, chairman and chief executive officer of Willis Group, the global insurance broker, will deliver the keynote address at the 2005 Risk and Insurance Management Society annual conference today in Philadelphia. Citing the months of investigations and questions over …

Willis Group Finalizes Sale Involving Stewart Smith Group to American Wholesale

Willis Group Holdings and American Wholesale Insurance Group Inc. (AmWINS) reported the closing of the previously announced acquisition by AmWINS of Stewart Smith Group, Willis’ U.S. wholesale unit. Terms of the transaction were not disclosed. “We are pleased that in …

Minn. AG, Willis Group Resolve Investigation; N.Y. Also Reports Agreement

Minnesota Attorney General Mike Hatch and Willis Group Holdings Ltd. Chairman and CEO Joe Plumeri on Friday announced an agreement relating to Willis’ insurance brokerage practices. Under the agreement, Willis will make payments to its Minnesota clients of an additional …

BBC Profiles Willis’ CEO Plumeri

The insurance industry is not particularly well known for its flamboyant personalities. So, when one does emerge, they make news. It’s not too surprising therefore to find Willis’ CEO Joe Plumeri as the subject of an in depth profile on …

AmWINS to Acquire Willis’ Stewart Smith Group

Willis Group Holdings and American Wholesale Insurance Group Inc. announced that AmWINS will acquire Stewart Smith Group, Willis’ U.S. wholesale unit. Terms of the transaction were not disclosed. It is expected to close at the end of the first quarter. …