Exhibit 99.2

      Willis Group Announces the Retirement of Richard Bucknall

    NEW YORK--(BUSINESS WIRE)--Jan. 25, 2007--Willis Group Holdings
Limited (NYSE:WSH), the global insurance broker, announced today that
after an illustrious 40 year career in the insurance broking business,
21 of which with Willis, Richard Bucknall, Vice Chairman of the Group
and Chairman and CEO of Willis Limited, the Company's UK business
unit, has indicated his wish to retire. He will do so effective March
31, 2007 and will continue in an advisory role through the end of the
year.

    Bucknall's career with Willis began in 1986 and over the course of
his tenure, he has served the Company in several capacities all with
great distinction and with an unyielding dedication to Willis'
standards of excellence and the highest of insurance broking
principles. In various leadership positions at the regional and global
level, Bucknall has always had the respect and admiration of his
colleagues at Willis and throughout the industry.

    "I am fortunate to have found such a leader as Richard Bucknall
when I arrived at Willis in October 2000," said Joe Plumeri, Chairman
and CEO of Willis. "His contributions to our company are countless and
his impact is limited only by the span of the globe. Richard's
leadership has helped guide Willis through exciting change and
difficult challenges. During the time we worked together, I have
valued his insights, experience and professionalism - and have been
the beneficiary of his friendship and counsel. It has been my supreme
pleasure to have worked so closely with him for the past six years and
I wish him every success."

    "It has been an enormous privilege and my distinct honor to have
spent the last 21 years of my career at Willis and the last six under
the leadership and direction of Joe Plumeri," said Bucknall. "Joe has
seen this Company through extraordinary changes in the insurance world
- - from the events of 9/11 to the investigations that challenged the
very core of our business. He accepted what was presented, rather than
resisting the change, and then saw and realized an opportunity to lead
this company in a new direction. I am leaving Willis today stronger
than I found it and am grateful for all that Joe, Willis and the
insurance industry has afforded me."

    David Margrett, maintaining his role as Chief Executive Officer of
Willis' Global Specialities unit consisting of such areas as
aerospace, construction, energy and marine, will assume the roles of
Chairman and CEO of Willis Limited effective March 31, 2007.

    Willis Group Holdings Limited is a leading global insurance
broker, developing and delivering professional insurance, reinsurance,
risk management, financial and human resource consulting and actuarial
services to corporations, public entities and institutions around the
world. With over 300 offices in more than 100 countries, its global
team of 15,400 Employees and Associates serves clients in some 190
countries. Willis is publicly traded on the New York Stock Exchange
(NYSE: WSH). Additional information on Willis may be found on its web
site: www.willis.com.

    CONTACT: Willis Group Holdings Limited
             Investors:
             Kerry K. Calaiaro, +1 212 837-0880
             kerry.calaiaro@willis.com
             or
             Media:
             Dan Prince, +1 212 837-0806
             daniel.prince@willis.com