Willis International Appoints Managing Director for
Latin America Reinsurance
São Paulo, Brazil, January 7, 2009 - Willis International, a unit of Willis Group Holdings (NYSE: WSH),
the global insurance broker, today announced the appointment of Edward Fyfe as Managing Director of its
growing Latin American reinsurance operations, effective immediately. Based in Lima, Peru, he will report to Eugenio
Paschoal, CEO, Willis Latin America.
In his new role, Fyfe will oversee all of the company's reinsurance offices in Latin America, continuing
to work closely with Willis Global Markets International and Willis Global Specialties on single-risk business. Fyfe
also will ensure that the offices continue to support Willis Re in the further development of
its treaty portfolio.
Fyfe joined Willis in London as a graduate in 1984 and was integral in building and opening
the company's reinsurance operations in Peru, Venezuela and Brazil, serving as Executive Director in Caracas and
Managing Director in Rio de Janeiro.
Fyfe also held roles at Willis Global Markets International in Miami, where he was responsible for property
and energy, before taking on his current role as Regional Marketing Officer (RMO) for Latin America,
responsible for carrier relationships and placement strategy. In addition to his responsibilities as Reinsurance Managing Director
for Latin America, Fyfe will continue in his role as RMO, maintaining client-facing opportunities relating to
"Edward has more than 20 years of experience at Willis and was a key architect in building
our Latin American reinsurance operations," said Paschoal. "I am confident he will be able to put
that experience to good use as he defines our regional strategy and targets, coordinates our activities
and expertise, seeks additional synergies and develops new market opportunities for our growing reinsurance operations here."
Sarah Turvill, Chairman of Willis International, said, "Willis has seen double-digit growth in its Latin American operations
this year, and we're intent on continuing our strong growth trajectory across the region. With his
talent and experience, Edward is the right person to lead this business, and his appointment affirms
our commitment to expanding our reinsurance operations throughout Latin America."
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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