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Willis Towers Watson P.L.C. chief executive John Haley said that the broker is well equipped to tackle disruption from the outcome of the E.U. referendum, reported Bloomberg.
"In the short term, there could be some real potential for upside on helping companies with some 'what-if' planning" in the wake of the U.K.'s decision to leave the European Union, said Mr. Haley. Mr. Haley acknowledged that there will be challenges due to the disruption and a weaker economy could pressure revenue from Willis' role as an insurance broker.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
3. Zurich Insurance to stop underwriting new oil and gas projects
4. Bermudan, European reinsurers to suffer major hit from bridge collapse
5. Tycoon gets death sentence for multi-billion-dollar fraud
6. Inflation drives 10% increase in sum insured for windstorms