The insurance industry will pay record claims of US$135 billion from last year’s spate of natural catastrophes, according to a...
Willis Re News
Global property reinsurance prices have risen less than expected in the key Jan. 1 renewal season, with strong competition limiting...
The Blockchain Insurance Industry Initiative B3i announced it has expanded with 23 new brokers and re/insurers entrants, which will help...
Despite the deterioration many reinsurers saw in the first quarter, mid-year renewals continued their downward pricing trajectory, according to Willis...
Willis Re announced that James Kent, the current deputy global CEO, will succeed John Cavanagh when he retires from his...
With abundant capacity, aggressive capital market competition and acceptable returns for global reinsurers, it’s no wonder that the elusive bottom...
Lloyd’s and modeling company Arium have launched a tool designed to enable insurers and reinsurers to model liability exposure probabilistically...
Insured loss estimates from major natural catastrophes totaled US$39.5 billion during 2016, which is the highest level since 2012 when...
Despite a 50 percent increase in insured losses from natural catastrophes during 2016, the global reinsurance industry achieved profitable results...
Willis Re, the reinsurance business of Willis Towers Watson, announced the promotion of James Kent – co-president of Willis Re...