Willis has almost doubled its earnings, the company revealed in its Q3 results.
Reported net income for the quarter ended 30 September 2006 was $89m compared with net income of $45m a year ago.
The results were significantly affected by the gain on the sale of the Company's London headquarters.
Excluding those items, adjusted net income was $57m.
Total reported revenues were $543m, compared with $487m for the same period last year, an increase of 11%.
The effect of foreign currency translation increased reported revenues by 2% and net acquisitions by 1%.
Reported operating margin was 17.9% for the quarter.
Commenting on the results, Joe Plumeri, chairman and CEO, said: "We are extremely proud of our quarterly results and our performance through the first nine months of 2006. We remain committed to delivering profitable growth which we demonstrated again this quarter, with our strong organic growth in commissions and fees of 8% coupled with our continued margin expansion."
Willis also announced that it has accepted Paul Hazen's resignation today from the company's board of directors.
Hazen has served the company for six years recently serving on the compensation and executive committees of the board.
Hazen, the retired chairman of Wells Fargo, is scaling back his involvement in business to pursue personal interests.
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