Latest Willis Towers Watson Headlines
All the headlines from our Willis Towers Watson Topic Page, ordered by recency.
Willis Towers Watson Launches Risk Advisory Service for CFOs, Risk Managers
May 2 2019 // Willis Towers Watson has launched a new advisory capability designed to help chief financial officers and risk managers reduce volatility and minimize their total cost of risk. The new Connected Risk Intelligence service...
WTW Names Richardson UK & Ireland Leader, Insurance Consulting & Technology Unit
May 1 2019 // Willis Towers Watson announced that Tammy Richardson will take on the role of UK and Ireland leader for life and property & casualty in the company’s Insurance Consulting and Technology business. Richardson most...
Total Reinsurance Capital Drops in 2018, but Alternative Capital Keeps Rising: Willis Re
Apr 24 2019 // While total dedicated reinsurance capital dropped in 2018, alternative capital continued its steady rise, according to a report published by Willis Re. Total dedicated reinsurance capital – which includes traditional and...
Reinsurers Charge ‘Rational’ Rates in April Renewals, from Flat to 25%: Willis Re
Apr 1 2019 // While there were no signs of generalized rate hardening during the April 1, 2019 renewal season, reinsurers have adopted a “rational” rating approach, asking for price increases of up to 25 percent, mainly...
Ethiopian Airlines Crash Could Break Record for Non-War Reinsurance Claim: Willis Re
Apr 1 2019 // Liability claims related to the Ethiopian Airlines crash and the grounding of Boeing 737 MAX 8 aircraft could be the largest non-war aviation reinsurance claim on record, hitting reinsurers’ profitability,...
Willis Re Names Claims Veteran Robson as Head of London Market Reinsurance Claims
Mar 25 2019 // Claims veteran Steve Robson has joined Willis Re as head of London Market Reinsurance Claims, effective immediately. He brings extensive client-side experience and perspectives, and supports the closer alignment of the...
U.S. Commercial Insurance Prices Inched Up in Q4
Mar 18 2019 // U.S. commercial insurance carriers again earned price increases in the 2018 fourth quarter, but the growth was slight. Premiums during the quarter grew just under 2 percent on average compared to the same period in 2017,...
Willis Towers Watson Appoints Hotchkiss, Johnson, Haitsch to Leadership Roles in West
Mar 12 2019 // Willis Towers Watson has appointed George Haitsch, Linde Hotchkiss and Nicole Johnson to leadership positions in its corporate risk and broking segment for its Western North America region. Hotchkiss will lead regional...
U.S. Commercial Insurance Prices Inched Up in Q4
Mar 11 2019 // U.S. commercial insurance carriers again earned price increases in the 2018 fourth quarter, but the growth was slight. Premiums during the quarter grew just under two percent on average compared to the same period in 2017,...
The Story Behind the Aon and Willis Towers Watson Deal that Died a Quick Death
Mar 7 2019 // It’s not often that you hear about a $24 billion deal brewing in the financial services industry. It’s even rarer that it goes from confirmation to breakup in less than a day. On Tuesday afternoon, Aon Plc...
Aon Will Not Pursue Merger with Willis Towers Watson
Mar 6 2019 // Aon Plc said it’s no longer pursuing a combination with rival insurance brokerage Willis Towers Watson Plc, a day after confirming that it was considering a tie-up. The company said on Tuesday that it was in the...
Update: Aon Considers Bid to Buy Willis Towers Watson
Mar 5 2019 // Aon Plc is considering a combination with rival insurance brokerage Willis Towers Watson Plc, in what could be the industry’s largest ever merger. Aon is in the early stages of exploring an all-share tie-up with...
Insurance Linked Securities Market Grows to $93B in 2018: Willis Re
Feb 18 2019 // Growth of the insurance linked securities (ILS) market reached $93 billion in 2018, up from $88 billion during the prior year, according to the new ILS Market Update from Willis Re, the reinsurance division of Willis...
Ed Appoints Willis Towers Watson’s Skaanild to Professional & Executive Risk Team
Feb 8 2019 // Ed, the London-based reinsurance, wholesale and specialty broker, announced the appointment of Laura Skaanild as client director, Professional and Executive Risk. She will report to Paul Richards, managing director of...
Insurance Linked Securities Market Grows to $93B in 2018: Willis Re
Feb 1 2019 // Growth of the insurance linked securities (ILS) market reached $93 billion in 2018, up from $88 billion during the prior year, according to the new ILS Market Update from Willis Re, the reinsurance division of Willis...
Multiple Smaller Natural Disasters in 2018 Created ‘Unusual’ Insured Loss Picture: Willis
Jan 16 2019 // Insured loss estimates from major natural catastrophes in 2018 totaled roughly $71.5 billion, the highest since 2011’s annual market losses of $120 billion, according to Willis Re. However, the insured losses in 2018...
Willis Towers Watson Taps Oppenheim to Lead Southeast Construction Practice
Jan 16 2019 // Willis Towers Watson has appointed Jonathan Oppenheim as regional Construction leader in its Southeast region, part of the company’s North American Construction business. Oppenheim, a 30-year industry veteran, joins...
WTW Names Forrest EMEA Regional Leader, Insurance Consulting & Technology
Jan 9 2019 // Willis Towers Watson announced that Colin Forrest will take on the role of regional leader for Europe, Middle East and Africa (EMEA) in the company’s Insurance Consulting and Technology business. Forrest takes over...
January Renewals Show Higher Prices for Clients with Poor Loss Records: Willis Re
Jan 2 2019 // Reinsurance placements at Jan. 1, 2019 highlight a pricing gap between accounts with peak peril exposures, or poor loss records, and the rest, with many reinsurers placing emphasis on the quality of client counterparties,...
Willis Towers Watson Names Creedon Construction Leader for North America
Dec 12 2018 // Insurance broker Willis Towers Watson has appointed Bill Creedon as Construction Industry leader for North America within its Corporate Risk and Broking segment. Creedon, a 30-year insurance and construction risk industry...
