Joe Plumeri News

Willis Announces Results from Annual Meeting of Stockholders

Willis Group Holdings Limited Chairman and CEO Joe Plumeri outlined the global insurance broker’s progress through 2002 and reflected on first quarter 2003 results at the company’s Annual Meeting of Shareholders which, held on May 9, 2003 in New York …

Willis Group Posts $117 Million Net Q1 Income

International broker Willis Group Holdings Limited reported record results for the quarter ended March 31, 2003, with net income of $117 million, or $0.69 per diluted share compared to $68 million, or $0.43 per diluted share, for the same period …

Willis Group Forms Joint Venture to Grow in India

Willis Group Holdings Ltd. has formed a joint venture with Bhaichand Amoluk Consultancy Services Pvt. Ltd. to provide insurance broking and risk management services in India. The joint venture, called Willis BA India Private Limited, follows the granting of a …

Willis Group Appoints Roberts to Board of Directors

Willis Group Holdings Limited announced the appointment of Douglas Roberts, the Former Treasurer of the State of Michigan, to its Board of Directors. He will chair the Audit Committee. Roberts served two terms as Michigan Treasurer – from January 1991 …

Willis Group Reports $210 Million Net Income for 2002; $118 Million in Q4

Insurance companies aren’t the only ones who made money last year. Brokers seem to be doing pretty good too, as the earnings announcement from the world’s third largest insurance broker, Willis Group Holdings Limited, showed. Willis reported net operating income …

Willis Group Purchases Sunaro, Strengthening Employee Benefits Practice

Willis Group Holdings announced the asset acquisition of Sunaro Inc., an employee benefits technology solutions company which delivers web-based benefits communication, enrollment, and administration services. Sunaro has built HR/benefits software with the mid-sized company in mind, designed to be fast, …

Willis Acquires Sports and Entertainment Brokerage

Global insurance broker, Willis Group Holdings, has acquired the assets of sports and entertainment insurance brokerage firm, Special Risk Advisors International LLC of Marietta, Ga. Terms of the transaction were not disclosed. According to Willis, Special Risk Advisors—founded in 1998—has …

Grabbing the Headlines in 2002

Who made the most “news” as opposed to the most “noise” in 2002? There were lots of candidates, but the ones we’ve selected usually made news because they faced problems or took initiatives that weren’t unique to their own experience, …

Grabbing the Headlines in 2002

Who made the most “news” as opposed to the most “noise” in 2002? There were lots of candidates, but the ones we’ve selected usually made news because they faced problems or took initiatives that weren’t unique to their own experience, …

Willis Post Q3 Gains in Operating and Net Profits

Willis Group Holdings Limited, the world’s third largest global insurance broker, announced third quarter operating revenues before taxes and interest of $64 million, compared to a $72 million loss in the same period last year. Net profits for the period …