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Commercial

Willis Group reports fourth quarter results down

Willis Group Holdings today reported results for the quarter ended 31 December 2007 of $95m (£48m) reported net income, down from $148m a year ago Total reported revenues for the quarter increased 3% to $639m compared to $621m in 2006.

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Towergate buys close to head office

Towergate has continued its expansive growth strategy with the acquisition of £8m gross written premium commercial Maidstone-based insurance broker Woodgate and Partners.

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