Willis Group Holdings has announced the appointment of Seth Peller as CEO of Willis Argentina S.A., effective immediately. He is based in Willis’ Buenos Aires office, and takes over the leadership of one of Argentina’s largest insurance brokers. Willis has …
The long awaited end of the reinsurance pricing cycle may be obtainable, but is that necessarily good news? In his keynote speech at the PricewaterhouseCoopers breakfast briefing at the Reinsurance Rendezvous Martin Sullivan, deputy chairman of Willis Group and CEO …
Willis Group Holdings plc announced from its London office that it has developed a new insurance product “to cover business interruption costs for companies with key locations, suppliers or customers situated in the vicinity of a nuclear power station, should …
Standard & Poor’s Ratings Services has revised its outlook on Ireland-domiciled Willis Group Holdings PLC to positive from stable, and has affirmed its ‘BBB-‘ long-term counterparty credit rating on Willis and related ratings on debt issues outstanding. “The positive outlook …
Willis Europe B.V., a division of Willis Group Holdings plc, has acquired 100 percent of the shares of Polish insurance broker, Brokerskie Centrum Ubezpieczeniowe (AMA) Sp. Zoo. Willis said the deal, effective immediately, will further strengthen its “presence in the …
While it’s still unclear if Hurricane Irene will make landfall or stay offshore the East coast this weekend, a storm its size can create significant storm surge and will likely result in significant personal and commercial property claims, a major …
ACE’s London based operations have teamed up with Willis Limited, the UK insurance broker, to successfully launch a fully electronic accounting process between the two companies. The achievement marks the first time that a broker and insurer have used the …
The London Market Group (LMG), which introduced a platform for the electronic support for endorsements in April, noted that the program has gotten off to a “resounding start;” so good in fact that it’s introducing three new classes of business. …
According to a new report from Willis Group Holdings – Willis Summer 2011 Leisure Newsletter – “vast quantities of personal, identifiable information collected by the leisure and hospitality industry has made it a chief target of cyber attacks.” Willis’ Cyber …
Willis’ monthly airline insurance insight report indicates that “the insurance market has remained remarkably stable for airlines, with no change in the drivers of capacity and claims. “The experience of 2011 continues to demonstrate the uncertain nature of airline insurance, …
