Willis Towers Watson News

Willis Towers Watson Opens Office in Kazakhstan for Re/Insurance Business

Willis Towers Watson has boosted its presence in Kazakhstan by opening a new operation to serve clients in the country. Following recent regulatory approval, Willis Towers Watson Kazakhstan is able to conduct insurance and reinsurance business in this key Central …

Casualty Losses Provide Impetus for 2019 Rate Firming: Willis Towers Watson

Commercial insurance buyers are facing upward pricing pressure across most lines of business in 2019, driven in part by escalating losses in the casualty insurance market, according to a report by Willis Towers Watson. The report, designed to be a …

Willis Towers Watson Taps Marsh’s Willmott as Sales Leader for UK Corporate Retail

Willis Towers Watson announced the appointment of Adrian Willmott as sales leader for its Corporate Risk & Broking GB Retail business. Based in London, Willmott will be responsible for developing Willis Towers Watson’s integrated sales approach for the retail business …

Global Insurance M&A Deals Total Value Soars, Volume Dips in First Half

Deal value for global insurance mergers and acquisitions was up $44.4 billion in the first six months of 2018, driven by a slew of megadeals that pushed value to its highest first-half total since the financial crisis, according to a …

Softbank Plans Big Push into Insurance Investments

Softbank’s Vision Fund plans to pump more money into insurance, a sector it sees as both ripe for disruption and a potential booster for its bigger bets in cars, health and financial services, a Vision Fund executive told Reuters. In …

Willis Towers Watson Names Kinzer Head of Construction Brokerage

Insurance broker and advisor Willis Towers Watson has named Kelly Kinzer as head of Construction Broking in its Corporate Risk and Broking segment. Kinzer, a 15-year industry veteran, joined Willis Towers Watson in 2015 and most recently served as construction …

Willis Towers Watson Hires Hay, Walker in Connecticut

Willis Towers Watson, a global advisory, broking and solutions company, has appointed Jeffery Hay and Kathryn Walker as senior directors of consulting services within its Insurance Consulting and Technology, Americas P&C practice. In their new roles, Hay and Walker will …

Willis Towers Watson Appoints Thomson-Hall as Head of CEEMEA Region

Willis Towers Watson announced the appointment of Pamela Thomson-Hall as the head of the Central and Eastern Europe, Middle East, and Africa (CEEMEA) region of Willis Towers Watson. Thomson-Hall also has been named as the head of Corporate Risk and …

Lloyd’s U.S. Chief Says They’re Ready to Get into Canadian Cannabis Market

Lloyd’s is set to get into Canada’s cannabis market when recreational marijuana becomes legal there on Oct. 17, according to Hank Watkins, president of Lloyd’s America Inc. Watkins was speaking today at the 2018 Insurance Forum, an annual event in …

Geopolitical Tensions Cause Rise in Political Risk Losses: Willis Towers Watson Report

Increasing geopolitical concerns are causing a rise in political risk exposures with 55 percent of global organizations with revenues greater than $1 billion experiencing at least one political risk loss exceeding a value of $100 million, according to a survey …