8-K

                       SECURITIES AND EXCHANGE COMMISSION
                       ----------------------------------
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
                       PURSUANT TO SECTION 13 OR 15(D) OF
                       THE SECURITIES EXCHANGE ACT OF 1934


        Date of Report (date of earliest event reported): October 5, 2004


                          WILLIS GROUP HOLDINGS LIMITED
               (Exact name of Registrant as specified in Charter)

          BERMUDA                           001-16503            98-0352587
  (Jurisdiction of incorporation           (Commission File     (IRS Employer
  or organization)                         Number)           Identification No.)



                               Ten Trinity Square
                            London EC3P 3AX, England
                    (Address of principal executive offices)

      Registrant's telephone number, including area code: +44 20 7488 8111

                                 Not Applicable
         (Former name or former address, if changed since last report.)






Item 8.01       Other Events

          On October 5, 2004, Willis Group Holdings Limited issued a press
          release announcing the purchase of the business portfolio of Hong
          Kong-based insurance broker The Grande Insurance Broker Limited.
          The press release is attached as Exhibit 99.1 hereto.

Item 9.01         Financial Statements and Exhibits

       (c)     The following document is filed as an exhibit to this report on
               Form 8-K:

               99.1 Press Release dated October 5, 2004 of Willis Group Holdings
                    Limited




                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on their behalf by the
undersigned hereunto duly authorized.


                                            WILLIS GROUP HOLDINGS LIMITED

                                            By:  /s/ Mary E. Caiazzo
                                                 ------------------------------
                                                     Mary E. Caiazzo
                                                     Assistant General Counsel





Dated:  October 5, 2004




                                  EXHIBIT INDEX



Exhibit
Number     Title
- ------     -----


99.1       Press Release dated October 5, 2004, of Willis Group Holdings Limited

EX-99.1

                                                                    Exhibit 99.1

Willis Acquires The Grande Insurance Brokers in Hong Kong; Continues Asia
Expansion

     LONDON & NEW YORK--(BUSINESS WIRE)--Oct. 5, 2004--Willis Group Holdings
(NYSE: WSH), the global insurance broker, announces the purchase of the business
portfolio of Hong Kong-based insurance broker The Grande Insurance Broker
Limited (Grande). Terms of the transaction are not disclosed.
     Willis has assumed responsibility and control of the business with
immediate effect. The integration of the business will be completed by November
1, 2004, at which time all Grande staff will have transferred to Willis offices
at Lee Gardens, Hong Kong.
     The Grande Insurance Brokers Limited is a Hong Kong licensed general
insurance broker serving middle market corporate clients, particularly in the
financial and professional risk sectors. It has annual revenues of around
HK$5,500,000 (US$700,000).
     Welcoming the Grande team to Willis, Joe Plumeri, Chairman and Chief
Executive Officer of Willis said: "This acquisition reflects our commitment to
expanding in Asia, where we see excellent opportunities for growth. Following
recent regulatory approval for our Chinese joint venture, Willis Pudong
Insurance Brokers, to operate throughout China, Willis is now the fastest
growing international insurance broker in the Greater China area and we will
continue to seek further opportunities for expansion in the region, including
via acquisition".

     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 13,000 associates serves clients in some
180 countries. Additional information on Willis may be found on its web site
www.willis.com.

     CONTACT: Willis Group Holdings
              Investors Contact:
              Kerry K. Calaiaro, 212-837-0880
              calaiaro_ke@willis.com
              or
              Media Contact:
              Nicholas Jones, +44 20 7488-8190
              jonesnr@willis.com
              or
              Dan Prince, 212-837-0806
              prince_da@willis.com