Willis GB delivered operating income of $143m [£98.6m] for 2015, down 3.4% on the $148m achieved the year before.
The fall came despite the fact that for the final quarter the division saw operating income rise 22.9% to $59m (Q4 2014: $48m).
Revenues were also down for the year at $641m (2014: $669m) again with a better fourth quarter performance of $186m (Q4 2014: $177m).
The business noted that organic and underlying commissions and fees, stripping out the effect of currency movements, were up
- CMA to investigate aggregator over “strong concerns” on insurer relationships
- Swinton targets becoming largest digital broker in the UK
- Former Aviva CEO Patrick Snowball joins Sabre board
- PIB buys specialist charity MGA aQmen Holdings
- NIG adds Farm Combined to FarmWeb e-trade platform
- Optimism among brokers falls slightly
- Innovation brings its own rewards