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Arthur J. Gallagher Ends $3.6B Deal to Buy Willis Re, After Aon-Willis Merger Scrapped

Jul 27 2021 // Arthur J. Gallagher & Co. announced it has terminated its May 12, 2021 agreement to acquire Willis Re and certain other Willis Towers Watson operations for $3.57 billion. Both Gallagher and Willis Towers Watson filed...

People Moves: Aon Cyber Appoints Bixby; Guy Carpenter Adds 2 from Willis Re, Zywave Names 3 Senior Leaders

Jul 20 2021 // Hacking Expert Bixby Joins Aon Cyber Solutions Aon has appointed Adam Bixby as the new managing director, Proactive Security leader, for Cyber Solutions North America. Bixby is responsible for the Proactive Security...

Global Cyber Reinsurance Rates Soar by as Much as 40% During July Renewals: Willis Re

Jul 19 2021 // Global cyber reinsurance rates have soared by up to 40% in the July renewal season, reinsurance broker Willis Re said this month, as ransomware attacks increase in number and severity. A ransomware attack on Colonial...

P/C Insurers Plan to Boost Their Use of Automation: Willis Towers Watson

Jul 15 2021 // Property/casualty insurers plan to accelerate their use of automation for actuarial work, a new Willis Towers Watson survey found. What’s more, COVID-19 has been a major factor in the trend. The sector’s...

People Moves: LoPiccolo Takes on Client Engagement at AXIS Re; WTW’s Layton Joins Lockton Re; Futers Returns to RMS in UK

Jul 9 2021 // In today’s International People Moves, appointments are detailed from AXIS Re, Lockton Re and catastrophe modeling company RMS. A summary of these new hires follows here. AXIS Re, the reinsurance business segment of...

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