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	<title>Stock Blog Hub &#187; Willis Group Holdings Limited</title>
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		<title>(WSH) Willis Group Holdings Plc &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/12/07/wsh-willis-group-holdings-plc-bear-of-the-day-2/88178</link>
		<comments>http://www.stockbloghub.com/2011/12/07/wsh-willis-group-holdings-plc-bear-of-the-day-2/88178#comments</comments>
		<pubDate>Wed, 07 Dec 2011 17:41:12 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Insurance Brokers]]></category>
		<category><![CDATA[Willis Group Holdings Limited]]></category>
		<category><![CDATA[WSH]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=88178</guid>
		<description><![CDATA[We are downgrading our recommendation on Willis Group Holdings, Plc (WSH) to Underperform from Neutral due to the headwind from The Loan Protector business that is expected to weigh on North American results. The soft insurance market is likely to continue. Additionally, the weakness in the US economy will remain a headwind and restrict any significant top-line growth in the company. Willis also expects to incur pre-tax charges of approximately $160 million in 2011, up from $130 million expected earlier. Our six-month target price of $31.00 equates to about 11.2x our earnings estimate for 2011. This target price along with an annual dividend of $1.04 implies an expected negative return of about 8% over that period, which is consistent with our Underperform recommendation. WILLIS GP HLDGS (WSH): Free Stock Analysis ]]></description>
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		<title>(WSH) Willis Group Holdings Plc &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/11/30/wsh-willis-group-holdings-plc-bear-of-the-day/87749</link>
		<comments>http://www.stockbloghub.com/2011/11/30/wsh-willis-group-holdings-plc-bear-of-the-day/87749#comments</comments>
		<pubDate>Wed, 30 Nov 2011 18:50:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Insurance Brokers]]></category>
		<category><![CDATA[Willis Group Holdings Limited]]></category>
		<category><![CDATA[WSH]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87749</guid>
		<description><![CDATA[We are downgrading our recommendation on Willis Group Holdings, Plc (WSH) to Underperform from Neutral due to the headwind from The Loan Protector business that is expected to weigh on North American results. The soft insurance market is likely to continue. Additionally, the weakness in the US economy will remain a headwind and restrict any significant top-line growth in the company. Willis also expects to incur pre-tax charges of approximately $160 million in 2011, up from $130 million expected earlier. Our six-month target price of $31.00 equates to about 11.2x our earnings estimate for 2011. This target price along with an annual dividend of $1.04 implies an expected negative return of about 8% over that period, which is consistent with our Underperform recommendation. WILLIS GP HLDGS (WSH): Free Stock Analysis ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(WSH) Willis Group Holdings Analyst Downgrades Shares</title>
		<link>http://www.stockbloghub.com/2011/11/28/wsh-willis-group-holdings-analyst-downgrades-shares/87640</link>
		<comments>http://www.stockbloghub.com/2011/11/28/wsh-willis-group-holdings-analyst-downgrades-shares/87640#comments</comments>
		<pubDate>Mon, 28 Nov 2011 20:40:48 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
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		<category><![CDATA[AJG]]></category>
		<category><![CDATA[Arthur J Gallagher & Company]]></category>
		<category><![CDATA[Marsh & McLennan Companies Inc]]></category>
		<category><![CDATA[MMC]]></category>
		<category><![CDATA[Willis Group Holdings Limited]]></category>
		<category><![CDATA[WSH]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87640</guid>
		<description><![CDATA[We are downgrading our recommendation on Willis Group Holdings plc (WSH) to Underperform from Neutral due to the headwind from The Loan Protector business that is expected to weigh on its North American results. The Loan Protector business acquired through the Hilb Rogal and Hobbs purchase has experienced a revenue dip. The decline was largely due to client loss through attrition and merger and acquisition activity, tightened commission and drag in foreclosure. The company, therefore, expects weak performance at the Loan Protector business to adversely affect the North American segment&#8217;s earnings before income tax by $27 million to $30 million for the full year 2011. North American segment suffered a revenue decline of 5% in the third quarter. Management also estimates contribution from The Loan Protector business to fall to $10–$14 ]]></description>
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		</item>
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		<title>(WSH) Willis Group Buys Stake in South Africa</title>
		<link>http://www.stockbloghub.com/2011/04/08/wsh-willis-group-buys-stake-in-south-africa/70961</link>
		<comments>http://www.stockbloghub.com/2011/04/08/wsh-willis-group-buys-stake-in-south-africa/70961#comments</comments>
		<pubDate>Fri, 08 Apr 2011 20:42:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
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		<category><![CDATA[ACS]]></category>
		<category><![CDATA[Affiliated Computer Services Inc]]></category>
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		<category><![CDATA[Arthur J Gallagher & Company]]></category>
		<category><![CDATA[Marsh & McLennan Companies Inc]]></category>
		<category><![CDATA[MMC]]></category>
		<category><![CDATA[Willis Group Holdings Limited]]></category>
		<category><![CDATA[WSH]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=70961</guid>
		<description><![CDATA[Willis Europe BV, a division of  Willis Group Holdings plc (WSH), announced that Willis South Africa has acquired 22.5% of the equity in Amabubesi Consulting Services (ACS). ACS, a specialist employee benefits consulting business, is part of the Amabubesi Group, a South African investment company. Earlier, in August 2009, Amabubesi acquired a 26% stake in Willis South Africa. Also,  Peter Moyo, Executive Director of Amabubesi, and Ndivhuwo Ravele, former CEO of ACS, have joined the board of Willis South Africa as Non-Executive Directors; and Ryck Genis, CEO of Willis South Africa, has joined the board of ACS. The joining of the top executives of one company to the board of other is expected to create synergies between the companies. Wllis believes South Africa offers excellent long-term growth potential as it ]]></description>
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		</item>
		<item>
		<title>(WSH) Willis Group Holdings&#8217; Earnings Result Beats The Street</title>
		<link>http://www.stockbloghub.com/2011/02/14/wsh-willis-group-holdings-earnings-result-beats-the-street/66816</link>
		<comments>http://www.stockbloghub.com/2011/02/14/wsh-willis-group-holdings-earnings-result-beats-the-street/66816#comments</comments>
		<pubDate>Mon, 14 Feb 2011 20:27:01 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Insurance Brokers]]></category>
		<category><![CDATA[AJG]]></category>
		<category><![CDATA[Arthur J Gallagher & Company]]></category>
		<category><![CDATA[Marsh & McLennan Companies Inc]]></category>
		<category><![CDATA[MMC]]></category>
		<category><![CDATA[Willis Group Holdings Limited]]></category>
		<category><![CDATA[WSH]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=66816</guid>
		<description><![CDATA[Willis Group Holdings plc (WSH) reported its fourth-quarter 2010 adjusted net income from continuing operations of 57 cents, beating the Zacks Consensus Estimate by 2 cents. Results are ahead of 47 cents earned in fourth-quarter 2009. Adjusted net income from continuing operations was $98 million, up 22% from $80 million in the prior-year quarter. The beat may likely be attributable to higher commissions and fees coupled with lower operating expenses. Full-year 2010 adjusted net income from continuing operations of $2.75 per share came in 2 cents above the Zacks Consensus Estimate and 8 cents above the year-ago earnings of $2.67. Adjusted net income from continuing operations increased 4% to $470 million from 2009. Operational Performance Total revenue at Willis in the quarter was $835 million, up 1.3% year over year. ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(WSH) Willis Group Holdings Limited Reports Earnings Almost In Line</title>
		<link>http://www.stockbloghub.com/2010/02/05/wsh-willis-group-holdings-limited-reports-earnings-almost-in-line/27169</link>
		<comments>http://www.stockbloghub.com/2010/02/05/wsh-willis-group-holdings-limited-reports-earnings-almost-in-line/27169#comments</comments>
		<pubDate>Sat, 06 Feb 2010 01:29:46 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Insurance Brokers]]></category>
		<category><![CDATA[Willis Group Holdings Limited]]></category>
		<category><![CDATA[WSH]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=27169</guid>
		<description><![CDATA[Willis Group Holdings Limited (WSH) reported fourth quarter earnings of 47 cents per share. Results were just a cent short of the Zacks Consensus Estimate of 48 cents. Most of the items were in line with our expectations. However, results were up compared with the prior-year period’s earnings of 37 cents (or 36 cents on an adjusted basis), primarily reflecting the growth in organic business, the merger synergies from the Hilb Rogal &#38; Hobbs Company acquisition and the benefits from the expense saving initiatives. Net earnings for the reported quarter from continuing operations increased to $79 million from $61 million in the year-earlier quarter. For full year 2009, the company reported net earnings of $436 million or $2.58 per share from continuing operations, compared with $302 million or $2.04 per ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(XL) XL Capital Moves Corporation to Ireland</title>
		<link>http://www.stockbloghub.com/2010/01/13/xl-xl-capital-moves-corporation-to-ireland/24891</link>
		<comments>http://www.stockbloghub.com/2010/01/13/xl-xl-capital-moves-corporation-to-ireland/24891#comments</comments>
		<pubDate>Thu, 14 Jan 2010 00:08:59 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[ACE]]></category>
		<category><![CDATA[ACE Limited]]></category>
		<category><![CDATA[Willis Group Holdings Limited]]></category>
		<category><![CDATA[WSH]]></category>
		<category><![CDATA[XL]]></category>
		<category><![CDATA[XL Capital Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=24891</guid>
		<description><![CDATA[Insurance and reinsurance group XL Capital (XL) yesterday announced its intention of shifting its place of incorporation to Ireland from the Cayman Islands. The company has had significant operations in that country and has grown them in recent years. XL Capital would change its name to XL Group but will keep trading on the New York Stock Exchange under the existing ticker symbol “XL.&#8221; The company will continue with its registration under the U.S. Securities and Exchange Commission (SEC) and will also maintain compliance with SEC reporting norms, reporting its financial results in U.S. dollars. The existing company’s shareholders will receive one share of the new company for every share held. Post-incorporation, the company will have to hold more than half of its board meetings in Ireland as per the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/13/xl-xl-capital-moves-corporation-to-ireland/24891/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(WSH) Willis Group Holdings Limited Reports Earnings Ahead of Estimates</title>
		<link>http://www.stockbloghub.com/2009/10/27/wsh-willis-group-holdings-limited-reports-earnings-ahead-of-estimates/18901</link>
		<comments>http://www.stockbloghub.com/2009/10/27/wsh-willis-group-holdings-limited-reports-earnings-ahead-of-estimates/18901#comments</comments>
		<pubDate>Wed, 28 Oct 2009 04:05:05 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Insurance Brokers]]></category>
		<category><![CDATA[Willis Group Holdings Limited]]></category>
		<category><![CDATA[WSH]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=18901</guid>
		<description><![CDATA[Willis Group Holdings Limited (WSH) reported third-quarter earnings of 46 cents per share. Excluding certain items, adjusted earnings were 53 cents. Results were significantly ahead of the Zacks Consensus Estimate of 38 cents. Results were also far ahead of the prior-year period’s earnings of 25 cents and adjusted earnings of 32 cents. Results reflected strong contribution from the Hilb Rogal &#38; Hobbs Company (HRH) acquisition. Also, on an organic basis, Willis reported decent growth in International and Global operations, though it was partly offset by a fall in organic commissions and fees in North America. The company continues to experience the benefits from its “Shaping Our Future&#8221; initiatives and strong client retention in the midst of a soft market. These positives offset the reduction in investment income and increased expenses. ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(WSH) Willis Group Holdings Limited Finalizes Tender Offer</title>
		<link>http://www.stockbloghub.com/2009/10/03/wsh-willis-group-holdings-limited-finalizes-tender-offer/16560</link>
		<comments>http://www.stockbloghub.com/2009/10/03/wsh-willis-group-holdings-limited-finalizes-tender-offer/16560#comments</comments>
		<pubDate>Sat, 03 Oct 2009 21:06:49 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=16560</guid>
		<description><![CDATA[Willis North America Inc., a subsidiary of Willis Group Holdings Limited (WSH), today announced the final results of its cash tender offer to purchase any and all of its 5.125% senior notes due 2010. The net proceeds from the offer came to $159,788,000. All of the 2010 notes that were tendered have been guaranteed for payment by Willis. The holders of the 2010 notes will be entitled to receive tender offer consideration of $1,027.50 per $1,000 principal amount of the 2010 notes, plus any accrued and unpaid interest. The notes, which are guaranteed by Willis Group Holdings, carry ratings of Baa3 by Moody&#8217;s and BBB- by S&#38;P. Bank of America (BAC) and JPMorgan Chase (JPM) were the joint book running managers for the sale. Willis intends to use the net ]]></description>
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