Revenue down at Willis GB

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Operating income for the division increases in the third quarter of 2015 but is down for the year to date.

Willis Group has reported 5.4% fall in total revenues for Willis GB in the third quarter of 2015.

The drop took the figure to $141m [£92.1m] from $149m in the same period of 2014.

The commission and fees segment of revenues fell 6.1% to $139m (Q3 2014: $148m).

The firm revealed that after stripping out the effect of currency movements the organic total still shrunk by 0.7%.

For the first nine months of 2015, Willis GB has also seen a 0.7% fall in organic commission and fees to $451m.

Operating

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