Organic revenue drops 3% at Willis unit

Organic revenues in the legacy Willis Capital, Wholesale and
Reinsurance (WCWR) segment at Willis Towers Watson declined 3
percent in the first quarter to $331mn, primarily due to the
departure of Willis's fine art, jewellery and specie team.
The 32-strong team led by David Gordon went to JLT last year,
leading to a bitter legal battle that settled out of court last
month.
Timing issues also contributed to the decline in organic
business at WCWR, which comprises Willis Re, Willis...