SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): April 23, 2004
WILLIS GROUP HOLDINGS LIMITED
(Exact name of Registrant as specified in Charter)
BERMUDA 001-16503 98-0352587
(Jurisdiction of incorporation (Commission File (IRS Employer
or organization) Number) Identification No.)
Ten Trinity Square
London EC3P 3AX, England
(Address of principal executive offices)
Registrant's telephone number, including area code: +44 20 7488 8111
Not Applicable
(Former name or former address, if changed since last report.)
Item 5. Other Events
On April 23, 2004 Willis Group Holdings Limited issued a press release
announcing that it has received from the Office of the Attorney General
of the State of New York a subpoena seeking information regarding
certain compensation agreements between insurance brokers and insurance
companies.
Item 7. Financial Statements and Exhibits
(c) The following document is filed as an exhibit to this report on Form
8-K:
99.1 Press Release dated April 23, 2004 of Willis Group Holdings Limited
.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on their behalf by the
undersigned hereunto duly authorized.
WILLIS GROUP HOLDINGS LIMITED
By: /s/ Mary E. Caiazzo
-------------------------
Mary E. Caiazzo
Assistant General Counsel
Dated: April 23, 2004
EXHIBIT INDEX
Exhibit
Number Title
- ------ -----
99.1 Press Release dated April 23, 2004 of Willis Group Holdings Limited
Exhibit 99.1
State of New York Seeks Information Regarding Compensation Agreements
between Insurance Brokers and Insurance Companies
NEW YORK--(BUSINESS WIRE)--April 23, 2004--Willis Group Holdings
Limited (NYSE:WSH) has received from the Office of the Attorney
General of the State of New York a subpoena seeking information
regarding certain compensation agreements between insurance brokers
and insurance companies.
The compensation agreements, also known as contingent agreements,
are a long-standing and common practice within the insurance industry.
Brokers have had such agreements with insurance companies for many
years to compensate the brokers for services they provide to the
carriers and many of the major carriers have these agreements with
brokers. We have a practice of disclosing such arrangements to clients
in contracts and on our web site.
Willis will fully cooperate with the inquiry.
CONTACT: Willis Group Holdings
Investors:
Kerry Calaiaro, 212-837-0880
calaiaro_ke@willis.com
or
Media:
Nick Jones, + 44 20 7488-8190
jonesnr@willis.com
or
Dan Prince, 212-837-0806
prince_da@willis.com