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    Willis Re Announces Appointment of David Rainbow as Managing Director of Willis Re Europe

    London, UK, March 1, 2012 -Willis Re, the reinsurance arm of Willis Group Holdings (NYSE:WSH), the global insurance broker, today announced that David Rainbow has been appointed to lead the company’s European Reinsurance business, as Managing Director, Willis Re Europe

    John Cavanagh, Global Chief Executive Officer Willis Re said “David has devoted his career at Willis Re to the development of our European reinsurance business, focussing on achieving breakout growth in Europe and concentrating particularly on large client reinsurance strategies, new business production and client retention. Europe is a key market for our international business and there’s no one better than David to look after the relationships that we have forged in the region, whilst continuing to develop our interests.”

    Rainbow, who joined Willis Re in 1975, has spent the last thirty seven years expanding Willis Re’s presence on the ground in Continental Europe, including the opening of the company’s first wholly owned European office in France in 1992.

    Tony Melia, CEO Willis Re International Business, to whom Rainbow will be reporting, said “Willis Re is very well placed to continue to capitalize upon major advisory opportunities in Europe thanks to our unique ability to provide effective, easily understood responses to the ever more complex challenges that our clients face, both in business and regulatory fields. David has been closely involved in building our integrated network of commercial and analytical resources and is the natural choice to take Willis Re forward in Europe.”

    About Willis Re

    One of the world's leading reinsurance brokers, Willis Re is known for its world-class Analytics capabilities, which it combines with its Capital Markets and Reinsurance expertise in a seamless, integrated offering that helps clients increase the value of their businesses. Willis Re serves the risk management and risk transfer needs of a diverse, global client base that includes all of the world's top insurance and reinsurance carriers as well as national catastrophe schemes in many countries around the world. The broker's global team of experts offers services and advice that help clients make better reinsurance decisions, access worldwide capital markets and negotiate optimum terms. For more information, visit www.willisre.com.

    About Willis

    Willis Group Holdings plc is a leading global insurance broker. Through its subsidiaries, Willis develops and delivers 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 17,000 employees serving clients in virtually every part of the world. Additional information on Willis may be found at www.willis.com.

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