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Article: Market Moves.(NEWS)(briefs)
- Article from:
- Business Insurance
- Article date:
- August 31, 2009
CopyrightCOPYRIGHT 2009 Crain Communications, 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 picked as broker for Hong Kong rail project
HONG KONGLondon-based Willis Group Holdings Ltd. has been chosen as the broker for the largest rail construction project ever in Hong Kong, the firm announced recently.
MTR Corp. Ltd., the operator of Hong Kong's rapid transit railway system, will build the Hong Kong section of the Guangzhou-Shenzhen-Hong Kong Express Rail Link, which will link Hong Kong to mainland China by high-speed rail. According to a statement, Willis will use the local market to place a wrap-up owner-controlled workers compensation policy and will use the local and global markets to place a construction all-risk and third-party ...