Willis Re fires two Hong Kong employees
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Willis Re, the reinsurance arm of Willis Group Holdings P.L.C, has dismissed two employees from its Hong Kong office for what the brokerage said were “inappropriate business practices.”
“Willis recently discovered an incidence of inappropriate business practices within our reinsurance division in Hong Kong. After an internal investigation, Willis dismissed two employees and notified the Hong Kong regulatory authorities. At no point was the reinsurance business of any client at risk or negatively affected,” Willis Re said Wednesday in a statement.
Willis did not identify the two fired Hong Kong employees.
