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Article: Willis buys Polish brokerage, opens another in Ukraine.(Willis Group Holdings Ltd.)(Brief Article)
- Article from:
- Best's Review
- Article date:
- June 1, 2005
CopyrightCOPYRIGHT 2005 A.M. Best Company, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Willis Group Holdings said it acquired the remaining 30% stake in a Polish subsidiary to achieve full ownership, while also opening a new unit in Kiev, Ukraine.
The insurance broker now owns all of Willis Polska, a broker established in the early 1990s, when Central European markets began to open after the fall of communism. "We have grown strongly over the ...