Disappointing results for Willis show income halved last year
The broker, which does not provide country specific results, reported that commissions and fees in its international segment grew slightly, from $275m in Q4 2010 to $281m in the same period of 2011.
However, Willis said growth had been "moderated" by a double digit decline in commissions and fees for the UK and Ireland retail business.
Total revenue for the final quarter of 2011 was $825m, down slightly from the last quarter of 2010 ($833m).
Net income attributable to Willis Group Holdings for
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Broker
Videos/Podcasts
Insurance Covid-Cast: How has staff productivity been impacted by remote working?
For the 35th episode of Post and Insurance Age’s video series we gathered together a panel of senior insurance managers to discuss how productive staff have been since Covid-19 lockdown, and whether it has changed as restrictions have eased?
Subscribe to our daily newsletter for all the latest news
Most read
- GRP snaps up Ipswich-based broker
- Blog: How could the Spring 2021 Budget affect insurance brokers?
- People Moves: 22 - 26 February 2021
- Aston Lark buys Kent-based Sennocke
- Ex-Aviva boss Mark Wilson to lead insurtech venture after merger with Complete Cover Group
- FCA finalises guidance on vulnerable customers
- Consolidators running out of M&A targets