Mining

Willis Places Innovative Australian Weather Transaction Multi-year protection covers mining firm against cyclone and extreme rainfall risk
London, UK, December 3, 2013 – Willis Group Holdings (NYSE: WSH), the global risk adviser, insurance and reinsurance broker, has designed and placed an innovative derivative-based risk transfer solution to protect Roy Hill Holdings Pty Ltd, an emerging global mining, rail and port venture, against the threat of cyclones and heavy rainfall delaying the construction of what will be the largest single-site iron ore mining operation in Australia. Read more.