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Willis Reports Growth in Q3 Commissions, Fees

Willis Group reported growth in commissions and fees for the third quarter, but a net loss from continuing operations of $27 million.

By Arthur D. Postal | Updated on October 30, 2013

Willis Group reported growth in commissions and fees for the third quarter, but a net loss from continuing operations of $27 million, after reporting a loss stemming from paying off high cost debt and fees related to the accelerated payoff.

These results compare to reported earnings per diluted share of 15 cents in the third quarter of 2012. Foreign currency movements had no net impact on earnings per diluted share during the quarter.

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