May 21, 2007
Willis rejects insurers’ alternatives for contingent commissions After a review of the supplemental compensation plans recently proposed in the marketplace by certain carriers, Willis Group Holdings reported that it will not be accepting these incentive arrangements because, it says, they …
April 30, 2007
After a review of the supplemental compensation plans recently proposed in the marketplace by certain carriers, Willis Group Holdings reported that it will not be accepting these incentive arrangements because, it says, they fail to fix the conflicts associated with …
April 26, 2007
Willis Group Holdings Limited reported strong results for the quarter ended March 31, 2007. Net income for the quarter was $169 million compared with $140 million in Q1, 2006, a 21 percent increase. Earnings per diluted share increased 25 percent …
April 2, 2007
Willis Group Holdings Limited announced that it has entered into an agreement to purchase approximately 10.2 million shares of its common stock from J.P. Morgan Securities Inc. “using an accelerated stock repurchase program for an initial purchase price of $400 …
March 26, 2007
Willis Group Holdings Limited has amended the employment agreement with Chairman and Chief Executive Officer Joseph J. Plumeri to extend its term for an additional year. The employment agreement, which was scheduled to expire Oct. 15, 2008, will now expire …
March 26, 2007
Willis Group Holdings Limited has amended the employment agreement with Chairman and Chief Executive Officer Joseph J. Plumeri to extend its term for an additional year. The employment agreement, which was scheduled to expire Oct. 15, 2008, will now expire …
March 26, 2007
People Willis Group Holdings Limited has amended the employment agreement with Chairman and Chief Executive Officer Joseph J. Plumeri to extend its term for an additional year. The employment agreement, which was scheduled to expire Oct. 15, 2008, will now …
March 26, 2007
Willis Group Holdings Limited has amended the employment agreement with Chairman and Chief Executive Officer Joseph J. Plumeri to extend its term for an additional year. The employment agreement, which was scheduled to expire Oct. 15, 2008, will now expire …
March 22, 2007
The Association of British Insurers joined Willis CEO Joe Plumeri (See related article) in lauding the Financial Services Authority’s (FSA) commitment to revise the rules for selling general insurance towards a more principles-based approach (See IJ web site March 21). …
March 22, 2007
In an address to the UK’s Financial Services Authority (FSA) at its Annual Insurance Sector Conference (AISC), Willis Chairman and CEO Joe Plumeri strongly embraced the financial regulator’s announcement that it would implement a more “principles-based” approach to general insurance …