Willis set to make redundancies, according to market sources

willis-head-office

Willis has started another round of redundancies, Insurance Age's sister title Reinsurance has learnt.

Some cuts have already been made in the broker's casualty unit, market sources have said, and cuts are expected across the board as the broker attempts to trim costs.

Willis did not comment on how many people were being made redundant in the first three months of the year.

Willis has traditionally outlined how many redundancies there were in its quarterly statements to the market but said that 2008 and 2009 levels of staffing remained broadly similar.

A spokesman said: "Willis continuously

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