Search
 

Willis Seeks Clarity From New U.K. Gov't

The new coalition government leading the U.K. needs to act decisively to spur an economic recovery and must clarify any new approaches to regulation to facilitate a healthy and growing British insurance industry.

By Mark E. Ruquet | Updated on May 30, 2010

The new coalition government leading the United Kingdom needs to act decisively to spur an economic recovery and must clarify any new approaches to regulation to facilitate a healthy and growing British insurance industry–one of the linchpins of the local economy, according to the head of Willis, Joe Plumeri.

The negative impact of the downturn on insurance is reflected in the quarterly results of both large and small brokerages, Mr. Plumeri, chair and chief executive officer of Willis Group Holdings, told an audience of insurance executives in London.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2025 ALM Global, LLC. All Rights Reserved.