Insight and Intelligence on the London & International Insurance Markets

9 February 2012

Bermuda to lose another major broker as Willis heads for Ireland

21 September 2009

Bermuda is set to lose another major broker, with the news that the Willis board has decided to change the domicile of its group holding company from Bermuda to Ireland.

Willis shareholders will be asked to vote in favour of the move at a meeting in "three or four months," the company announced. If approved and ratified by the Bermudian courts, the move means that the new Irish public limited company will become the ultimate public holding company of the...

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