Natural Catastrophe Losses in 2019 Down 18% from Annual Average: Willis Re Report January 23, 2020 Insured losses from major natural catastrophes in 2019 totaled roughly $53.0 billion, about 18% lower than the annual average since...
Willis Re Taps Buxton from Allianz as Managing Director, Int’l Customized Reinsurance January 9, 2020 Willis Re, the reinsurance subsidiary of Willis Towers Watson, announced the appointment of Simon Buxton as managing director of its...
January 2020 Reinsurance Renewals Varied Significantly, Brokers Say January 6, 2020 By L.S. Howard The January 2020 reinsurance renewals saw significant variation in pricing and capacity depending on geography, line of business, cedents’ loss...
Willis Re Specialty Taps Aspen’s Harrell as Managing Director & Chief Operating Officer October 2, 2019 Reinsurance broker Willis Re announced the appointment, with immediate effect, of Donald Harrell as managing director & chief operating officer...
High Levels of Global Insurtech Investments Continued During Q2: WTW July 29, 2019 Insurtech investment worldwide continued at high levels during the second quarter of 2019, marking the fourth consecutive quarter during which...
Reinsurers Offering Better Prices, Capacity for Preferred Trading Partners: Willis Re July 2, 2019 Strengthening primary insurance market conditions underpinned improvements to reinsurance prices, terms and conditions at the June 1 and July 1,...
Total Reinsurance Capital Drops in 2018, but Alternative Capital Keeps Rising: Willis Re April 24, 2019 By L.S. Howard While total dedicated reinsurance capital dropped in 2018, alternative capital continued its steady rise, according to a report published by...
Reinsurers Charge ‘Rational’ Rates in April Renewals, from Flat to 25%: Willis Re April 1, 2019 While there were no signs of generalized rate hardening during the April 1, 2019 renewal season, reinsurers have adopted a...
Ethiopian Airlines Crash Could Break Record for Non-War Reinsurance Claim: Willis Re April 1, 2019 Liability claims related to the Ethiopian Airlines crash and the grounding of Boeing 737 MAX 8 aircraft could be the...
Willis Re Names Claims Veteran Robson as Head of London Market Reinsurance Claims March 25, 2019 Claims veteran Steve Robson has joined Willis Re as head of London Market Reinsurance Claims, effective immediately. He brings extensive...