Willis Group Holdings News

Major U.S. airlines negotiating insurance renewals during the fourth quarter face a market that has hardened significantly since a year ago, brokers say.

Willis Europe BV, a division of Willis Group Holdings Limited, announced the appointment of Niek Post as Chief Executive Officer of its Dutch operations, effective immediately.

A tropical storm spinning toward the Gulf of Mexico coastline and expected to make landfall Tuesday had energy companies, property owners and insurers hoping to avoid a bumpy finale to an otherwise calm storm season.

The UK's biggest insurer Aviva has appointed Patrick Regan as CFO, taking over from Philip Scott.

Willis Group Holdings announced plans to expand its successful Willis Commercial Network business model for serving independent brokers from its base in the UK to countries around the world.

Marsh & McLennan Cos. reported a swing to a quarterly profit Wednesday as the insurance broker tried to tackle the effects of a global economic slowdown with cost cutting.

Willis Group Holdings Limited has reported strong results for the third quarter of 2009 and the first nine months ended September 30, 2009.

The CTA is facing another budget crunch, which may force all of us to pay $3 fares.

Source: Wordcount: Willis Will Continue to Refuse Contingent Commissions, Plumeri Vows CHICAGO-- -- Joe Plumeri, Chairman and CEO of Willis Group Holdings Limited , the global insurance broker, called on corporate America today to embrace a new commitment to transparency and risk management to restore trust in business and the U.S. economy.

The insurance broker announced in September that it planned to redomesticate to Ireland from Bermuda, in part to take advantage of Ireland's tax treaties with the U.S. and European Union countries.

Willis Group Holdings Limited third quarter revenues rose 25.2% to $725 million and net income rose 119.4% to $79 million or 47 cents a share.

The Willis Research Network , part of Willis Group Holdings Limited, announced that a prestigious German institution has joined the WRN, thus enhancing its capabilities in Europe.

Willis Group Holdings Ltd., the world's third-largest insurance broker, said its quarterly profit more than doubled from a year earlier as revenue rose 25 percent after the purchase of Hilb Rogal & Hobbs Co.

Willis Re, the reinsurance division of global insurance broker Willis Group Holdings Limited , today unveiled Value Based Capital Management , the reinsurance industry's first and only practical, commercially available service designed to measure risk, manage capital, and maximize franchise value.

Patrick Regan has won the top finance spot at insurance giant Aviva, which has named him as its next CFO.

Insurance broker Willis Group Holdings said Friday Chief Financial Officer and Group Chief Operating Officer Patrick Regan will leave the company early next year to become CFO of insurer Aviva PLC.

Joseph Plumeri, Chairman and CEO of Willis Group Holdings Ltd., will address the members and guests of The Executives' Club of Chicago at its kick-off Chicago CEO Breakfast of the 2009-2010 season on Thursday, October 29, 2009.

Willis Group Holdings announced that Pauline Margrett has been appointed Chief Operating Officer for its Global Captive Practice.

Insurance broker Willis Group Holdings has appointed Thomas V. Ealy as national partner of the Midwest Region for its North American retail operations.

October 12, 2009 468 words Brokers adjusting to challenging market conditions SALLY ROBERTS Companies of all types adjust their operations during challenging times, and the insurance brokerage industry is no different.