Insurance Age

Willis back on track

Willis had a strong third quarter with a net income of £57m, excluding the sale of its London office...

Willis had a strong third quarter with a net income of £57m, excluding the sale of its London offices and spend on 'Shaping our Future', compared to $45m in the same quarter in 2005. Total revenues, for the quarter ending 30 September, were $543m, compared to an adjusted $487m in the same quarter last year. For the first nine months revenues climbed to $1.8bn in comparison to $1.7bn. Net income rose to $301m from $226m, including its office sales.

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