Willis Towers Watson fully acquires Indian business

The insurance broker currently owns 49% of WTW India.

Willis Towers Watson has announced that it will acquire the remaining 51% shares in Willis Towers Watson India Insurance Brokers Private Limited (WTW India) from Anemone Holdings Private Ltd and the head of the WTW India Rohit Jain.

According to WTW, recent changes in the regulation has enabled them to acquire 100% of its Indian business.

“Acquiring 100% ownership of WTW India will enable us to further capitalise on the significant growth opportunities in this market and to better serve the rapidly evolving needs of our clients in India,” Pamela Thomson-Hall, head of international at WTW said.

The transaction remains subject to customary legal and regulatory approvals.