Who owns Willis Group?
Who owns Willis Group?
Trinity Acquisition ltd
Willis Europe B.V.
Willis Group/Parent organizations
What does Willis Group do?
The firm has roots dating to 1828 and is the third largest insurance broker in the world….Willis Towers Watson.
| Type | Public limited company |
|---|---|
| Products | Risk management, Insurance brokerage, Advisory & Actuarial services, Human Capital & Benefits |
| Revenue | US$ 9.04 billion (2019) |
| Net income | US$ 1.07 billion (2019) |
| Number of employees | 46,600 |
How many employees does Willis Re have?
With roots dating to 1828, Willis Towers Watson has 45,000 employees serving more than 140 countries and markets. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals.
Does Aon own Willis Towers Watson?
The U.S. Justice Department filed a lawsuit on Wednesday aimed at stopping insurance broker Aon’s $30 billion acquisition of Willis Towers Watson because it would reduce competition and could lead to higher prices. The deal would combine two of the “Big Three” global insurance brokers, the department said.
Is Aon merging?
On July 26, 2021, Aon PLC (“Aon”) and Willis Towers Watson PLC (“WTW”) announced the termination of a $30 billion proposed merger, citing an “impasse” with the Antitrust Division of the U.S. Department of Justice (“DOJ”). Aon and WTW are two of the world’s foremost insurance brokerage firms.
How much does Aon pay Willis?
Aon PLC will pay $350 million to $400 million in costs related to its scrapped plan to buy rival Willis Towers Watson PLC, in addition to the $1 billion termination fee it already paid, its top financial executive said Friday.
Did Aon merger with Willis?
On July 26, 2021, Aon PLC (“Aon”) and Willis Towers Watson PLC (“WTW”) announced the termination of a $30 billion proposed merger, citing an “impasse” with the Antitrust Division of the U.S. Department of Justice (“DOJ”).
Who is the parent company of Willis Group?
Its shareholders approved the move in December 2009, and the company announced on 31 December 2009, that its reorganisation has been completed and the new parent company of the Willis Group – known as Willis Group Holdings Public Limited Company – is incorporated in Ireland.
When did Willis Towers Watson merge with Willis Group?
On June 30, 2015, Willis Group announced it would merge with Towers Watson to create Willis Towers Watson.
When did Willis Corroon merge with Willis Group?
It expanded into the United States in 1990 when it merged with Corroon & Black (founded as R. A. Corroon & Co. in 1905) to form the Willis Corroon Group. In 1998 in a leveraged buyout the company was acquired by Trinity Acquisition on behalf of Kohlberg Kravis Roberts, and in 1999 the name Willis Group was adopted.
When did Willis acquire Hilb Rogal and Hobbs?
In October 2008, Willis acquired Hilb, Rogal & Hobbs Co. (HRH), one of the largest insurance and risk management intermediaries in North America and this has boosted their North American presence, as well as acquired Glencairn Limited which has augmented its Lloyd’s of London Market strength.