Willis said it had seen “record results” for the quarter ending 30 September 2004, despite a “tough business environment”.
Willis chief executive Joe Plumeri said despite a “continued decline in [premium] rates” the company had established a “sales culture, grown revenues, maintained expense discipline and enhanced earnings”.
Pre-tax profits for the third quarter increased from $94m to $103m, taking post-tax profits for the quarter to $75m, compared with $99m a year ago
Pre-tax profits for the nine months ending 30 September 2004 rose to $464m compared to $388m in 2003.
Overall net income for the nine months ending 30 September 2004 was reported as $319m, up from $296m last year.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
