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Willis UK retail figures decline in second quarter

Dominic Casserley

Company reports overall growth in Willis Insurance UK as “mid-single digit” fall in retail was offset by other units.

Willis has confirmed that the second quarter of 2014 saw a "mid-single digit decline" in its UK retail business.

While the firm did not publish figures for the team, the results statement highlighted that quarterly growth in commission and fees for the global division was led by Willis Insurance UK.

It was up "mid-single digits" due to positive results in a number of the specialties businesses, led by construction and financial solutions.

Overall the global division posted a 3.4% organic rise in

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