Joe Plumeri News

Willis Reports First Quarter Profit Dip

Willis Group Holdings Ltd. reported a drop in net income for the first quarter, but said revenues from commissions and fees grew. Net income for the third largest insurance broker was $166 million, or $1.16 a share, down from $169 …

Willis Earnings, Conf. Call

Willis Group Holdings Limited will release earnings for the first quarter ending March 31, 2008 after the market closes on Wednesday, April 30, 2008. Copies of the release will be available soon thereafter within the “Investor Relations” section of the …

Willis CEO: ‘Price is an Issue in the Absence of Value’

Willis Chairman and CEO Joe Plumeri concluded a series of discussions on mega-trends in the insurance industry sponsored by the Insurance Institute of London (IIL) at Lloyd’s last week. He told his audience that “one of the biggest challenges facing …

Willis to Consult on China’s Three Gorges Dam Project

Willis Group Holdings announced that it has won a two-year contract as the insurance consultant for the operational assets of “the largest hydropower project in the world,” – China’s Three Gorges Project. The selection of Willis as a consultant on …

Willis Exec Lists Industry ‘Megatrends’

Speaking to over 400 insurance industry executives at A.M. Best’s 15th Annual Review and Preview Conference in Naples, Fla., Tom Ealy, most recently COO of the Willis North America unit of Willis Group Holdings, presented the Company’s review of the …

Willis Reports Q4, FY Earnings; Conference Call Today

Global broker Willis Group Holdings reported fourth quarter and full year revenues that were slightly less than those posted in 2006, even though gross revenues from commissions and fees were somewhat higher. Net income for the quarter ended December 31, …

Willis Set to Post Q4 Earnings; CEO to Speak Thursday

Willis Group Holdings Limited will release earnings for the fourth quarter ending December 31, 2007 after the market closes on Wednesday, February 6, 2008. Copies of the release will be available soon thereafter within the “Investor Relations” section of the …

Willis to Broker Airbus China Assembly Plant

EADS, the European consortium that designs and builds the Airbus coimmercial aircraft, has selected Willis Group Holdings as the insurance broker for a new Airbus A320 final assembly line in Tianjin, China – the first of its kind outside of …

China Regulators Give Willis a ‘5-Star’ Rating

Willis Group Holdings is celebrating the “5-Star rating in Quality” awarded the firm by the China Insurance Regulatory Commission (CIRC). Willis said that of the 98 brokers and agents operating in Shanghai that were assessed, “only eight companies were awarded …

Willis Expands Global Graduate Program after China Success

Willis Group Holdings will expand its global graduate program in 2008, following the program’s “huge success” in China. The number of places available to students has risen from 14 in 2007 to 20 in 2008, which has led to a …