Space War: Marsh Sues Willis Over Aviation Insurance Hires Soliciting Clients May 12, 2025 By Andrew G. Simpson Insurance broker Marsh USA is asking a New York court to stop several former employees and rival Willis Towers Watson...
People Moves: WTW Appoints Lofstrom for New England; Pepe Joins K&B for Claims May 8, 2025 Willis, a WTW business headquartered in New York City, appointed David Lofstrom as deputy regional leader, New England within corporate...
Brokers Aon and WTW Each Report Steady Organic Growth of 5% in Q1 April 28, 2025 By L.S. Howard The brokers Aon and WTW both reported organic revenues of 5% for the first quarter of the year, level with...
WTW Reports Net Loss in 2024 With Organic Revenue Growth of 5% February 4, 2025 By L.S. Howard WTW reported net Income for the fourth quarter of 2024 of $1.25 billion, compared to net income of $623 million...
WTW Launches China Client Division With Yan Appointed as Division Leader September 25, 2024 Insurance broker WTW has launched a new China Client Division within Corporate Risk and Broking, North America (CRB NA), as...
WTW Reports 48% Hike in Q2 Net Income With Organic Growth of 6% July 25, 2024 By L.S. Howard WTW reported second quarter net Income of $142 million, an increase of 48% compared to net income of $96 million...
Towers Watson Again Denied Coverage for $90M Settlements Over 2016 Willis Merger March 11, 2024 By Andrew G. Simpson Towers Watson has been hit with another roadblock on its long and winding road to reach coverage for $90 million...
Another Banner Year Seen by 5 Publicly Traded Insurance Brokers in 2023 February 9, 2024 By L.S. Howard Five of the largest publicly traded insurance brokers — Marsh & McLennan Cos., Aon, Arthur J. Gallagher, WTW and Brown...
Insurer AIG Leads Policy for Japan Airlines Plane Involved in Runway Collision: Sources January 3, 2024 U.S. insurer AIG was the lead insurer on a $130 million “all-risks” policy for the Japan Airlines airplane which collided...
5 Brokers Report Strong Revenues During Q3 as Favorable Market Climate Continues October 30, 2023 By L.S. Howard Five publicly traded insurance brokers reported strong third quarter revenues, with their executives using adjectives such as “outstanding,” “terrific,” “excellent,”...