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Willis Group Holdings PLC

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  • ARLINGTON, Va.— The insurer Willis Group Holdings PLC will tie up with Towers Watson in an all-stock deal valued at about $18 billion. Willis shareholders will own approximately 50.1 percent, and Towers Watson shareholders will own about 49.9 percent of the business. If the reverse stock split is approved by shareholders, Towers Watson shareholders will...

  • *Including IMF, aid could total $60 bln for Ukraine. *Ukraine unable to spend donor money quickly enough. BRUSSELS/ WASHINGTON, Feb 26- Western powers are preparing what they say may be their most potent weapon against Moscow's interference in Ukraine- a multi billion dollar aid package to rebuild a near-bankrupt state and realise the European dream cherished by...

  • NEW YORK, Feb 3- Reinsurer Willis Re on Tuesday launched a tool designed to help insurance companies gauge their portfolios' exposure to cybersecurity risks, the latest effort to develop a growing market that has nonetheless faced worries about potential pitfalls. "There's still a little bit of hesitation about,' how do I understand what my overall exposure...

  • Insurers' payouts pile up after Malaysia Air crashes Tuesday, 22 Jul 2014 | 1:08 AM ET
    Malaysia Airlines flight MH17 taking off from Schiphol Airport in Schiphol, the Netherlands, on July 17, 2014.

    Malaysia Airlines' crashes are worrying insurers — their policy is missing a clause that limits insurers' payments for search-and-rescue costs.

  • More 'Value Investing Congress' ideas Wednesday, 18 Sep 2013 | 12:48 PM ET
    Jeffrey Ubben, ValueAct Capital

    The Value Investing Congress continued Tuesday in New York City, with stock investing ideas from Jeff Ubben, Jeff Smith and Mick McGuire.

  • UPDATE 3-Aon to target small acquisitions next year Friday, 26 Oct 2012 | 4:11 PM ET

    *Adjusted EPS $0.95 vs est $0.89. *To target $300- $400 mln annually on acquisitions. Oct 26- Aon Plc's quarterly profit beat analysts' estimates as investments aimed at increasing margins at its human resources services unit helped boost profit, and the company said it planned a series of small acquisitions.

  • Appleseed mutual fund, at a glance Thursday, 18 Oct 2012 | 5:08 PM ET

    Here's a look at the Appleseed Fund, one of the strongest performers in the mid-cap value stock mutual fund category over the latest 5- year period, according to Morningstar. MANAGERS: Bill Pekin; Rick Singer; Adam Strauss; Joshua Strauss; Ronald Strauss. _ Sprott Physical Gold Trust.

  • Willis Group names Casserly CEO, effective Jan 7 Wednesday, 17 Oct 2012 | 7:09 AM ET

    Insurance broker Willis Group Holdings has named McKinsey& Co. senior partner Dominic Casserley its next CEO, starting Jan. 7. The London- based company also said Wednesday that Steve Hearn, 46, will serve as Willis Group deputy CEO.

  • Not surprisingly, market technicians who were bullish two weeks ago are in a state of despair. Talk about minor support at 1,350 for the S&P 500 is half-hearted at best; the truth is that other than the March closing bottom of 1,273 there is no one willing to draw many lines in the sand here.

  • Willis Group Holdings, the world's third largest insurance brokerage, has agreed to buy rival Hilb Rogal & Hobbs for $1.7 billion, according to a statement late on Sunday.

  • Marsh & McLennan Approached by Willis Group Thursday, 17 Jan 2008 | 3:52 PM ET

    Insurance broker Willis Group Holdings Ltd. has approached Marsh & McLennan about a possible takeover, CNBC has learned.

  • Benfield Shares Jump on Reported Goldman Approach Friday, 28 Sep 2007 | 6:06 AM ET

    Shares in British reinsurance broker Benfield jumped almost 13% on Friday after a report it had received a 700 million pound ($1.4 billion) bid approach from the private equity arm of Goldman Sachs.

  • Marsh & McLennan said Friday that Brian Storms, CEO of the insurance broker's main operating subsidiary Marsh Inc., had been ousted. His departure, effective immediately, follows a 21 percent decline in Marsh & McLennan's stock price since May because of its financial underperformance.