November 13, 2014
Willis Group Holdings has appointed Nicolas Aubert as Chief Executive Officer Designate of Willis UK Insurance, which includes its combined UK retail and global specialty businesses. While initially serving as CEO Designate in 2015, he will report to Steve Hearn, …
October 24, 2014
Willis North America, a unit of Willis Group Holdings, has appointed of Roger Hacala as senior vice president and financial institutions practice leader, Willis Canada. In this new role, Hacala will oversee the financial institutions practice within Willis’s Canada region, …
October 6, 2014
Willis Group Holdings, the global risk adviser, insurance and reinsurance broker, has appointed Martin Best as the managing director of Willis Management (Guernsey) Ltd. In his new role, Best will report to Paul Owens, chief executive officer of Willis Global …
September 11, 2014
Willis Group Holdings plc announced today that Willis Re Inc., its North American reinsurance business, has entered into a definitive agreement to acquire the assets of SurePoint Reinsurance Advisors, LLC, in Portland, Maine. Details of the transaction, which is expected …
August 28, 2014
Willis Re Inc., the North American reinsurance operation of Willis Group Holdings plc announced the appointment of Geoff Lubert as Managing Director and Executive Vice President of Willis Re Canada, replacing Robert Wildbore, who will be returning to the UK …
August 22, 2014
Willis Group Holdings August Energy Market Review (EMR) highlights the decision by Oil Insurance Limited (OIL) to increase its per occurrence limit from $300 million to $400 million and the event aggregation limit from $900 million to 1.2 billion effective …
August 18, 2014
USI Insurance Services announced it has entered into an agreement with certain subsidiaries of Willis North America Inc., part of Willis Group Holdings, to acquire seven of Willis’ retail insurance brokerage locations across the United States. Terms of the transaction …
August 6, 2014
The U.S. Agency for International Development and the Rockefeller Foundation are starting a $100 million project to prepare vulnerable communities for climate- caused humanitarian disasters before they happen. The initiative, which will start in Africa’s Sahel region and was announced …
July 30, 2014
Willis Group Holdings reported net income of $47 million, or $0.26 per diluted share, in the second quarter of 2014 compared to $105 million, or $0.59 per diluted share in Q2 2013. The bulletin explained that “earnings in the second …
July 15, 2014
“Overcapacity in the international construction, property & casualty markets in the first half of 2014 has resulted in rate reductions of up to 30 percent for commercial insurance buyers,” according to a report –”Q3 2014 Construction, Property & Casualty Market …