|
|
Article: Willis Group to Acquire Leading South African Reinsurance Broker.
- Article from:
- Business Wire
- Article date:
- October 6, 2005
CopyrightCOPYRIGHT 2005 Business Wire. 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)
|
NEW YORK & JOHANNESBURG, South Africa -- Willis Group Holdings (NYSE: WSH), the global insurance broker, announces today that it has agreed to acquire the business and assets of Reinsurance Consultants and Intermediaries Ltd. (RCI), the reinsurance division of South African insurance broker Glenrand M.I.B. Limited (JSE:GMIB). As part of the transaction, Willis will also acquire GMIB's majority shareholding in Reinsurance Consultants and Intermediaries (Mauritius) Limited. RCI has annualized total revenue of approximately ZAR 31 million (approximately $5 million).
The transaction, which is subject to, among other items, necessary regulatory approval, is expected ...
Related newspaper, magazine, and journal articles:
|
|
Article: Willis Re Launches Next Generation Web-Based ...
Business Wire;
February 2, 2009 ;
700+ words
... ... Comprehensive Solution Ever Offered NEW YORK -- Willis Re Inc., the U.S. reinsurance arm of ... programs," said Peter Hearn, CEO, Willis Re. "Willis conNext is a dynamic, next ... the Underwriter - as well as with their Willis Re partners. Julie Serakos, Executive ...
|
|