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    Willis Management Malta Announces Senior Appointment

    Sliema, Malta, October 15, 2008 – Malcolm Cutts-Watson, Chairman of Willis Management (Malta) Limited, the captive insurance management specialist of Willis Group Holdings (NYSE: WSH), the global insurance broker, today announced the appointment of Anne Finn as Executive Director. This appointment is in response to growing captive insurer and third party writer opportunities as Malta continues to establish itself as a leading financial centre and further strengthens Willis’ developing operations on the island.

    During her 25 years in the insurance industry working with large corporate risks and commercial lines business, Ms. Finn has gained extensive underwriting, compliance and accounting expertise. She has spent the last 15 years working with EU-based captives and, more recently, protected cell companies. Ms. Finn is a Fellow of the Chartered Insurance Institute, a qualified accounting technician and an Associate of Risk Management.

    Mr. Cutts-Watson said, “We are delighted to welcome Anne to the team in Malta and she will play a key role in the expansion of our portfolio of EU captive offerings in this fast growing domicile.”

    The Willis International Captive Practice operates out of 24 locations across the globe with over 300 clients under management writing $4.4 billion premium annually and holding assets of $20 billion.

    Willis Group Holdings Limited is a leading global insurance broker, developing and delivering professional insurance, reinsurance, risk management, financial and human resource consulting and actuarial services to corporations, public entities and institutions around the world. Willis has more than 400 offices in nearly 120 countries, with a global team of approximately 20,000 Associates serving clients in some 190 countries. Additional information on Willis may be found at www.willis.com.

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