WTW

Willis Towers Watson pauses sale plans for insurance broker Miller

LONDON, April 3 (Reuters) - Willis Towers Watson has put a brake on its plans for a possible sale of insurance broker Miller, it said on Friday.

"Given the current COVID-19 outbreak and associated uncertainty, we have paused our current efforts to explore strategic alternatives for Miller," a Willis spokeswoman said in an emailed statement.

"WTW and Miller remain committed to the process and will make an announcement in due course."

"The Insurance Insider" previously reported the news.

(Reporting by Carolyn Cohn, editing by Huw Jones)

((carolyn.cohn@thomsonreuters.com; 44 207 542 6320; Reuters Messaging: carolyn.cohn.thomsonreuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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