Revenues flat at Willis
Willis Group has reported a fall in commissions and fees to $837m [£538.6m] in the second quarter of 2012, down from $852m in the same period of 2011.
Total revenues were also down to $842m for the three months to 30 June 2012, compared to $861m in 2011.
For the half year the broking giant saw total revenues effectively flat at £1.855bn (H1 2011: $1.868bn).
However net income rose to $110m (Q2 2011: $89m) for the quarter and to $341m (H1 2011: $131m) although the broker noted the 2011 figure had been impacted by debt repurchase and write-offs along with other charges.
International
In the international segment total revenues fell to $244m in
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