“As companies continue to expand within the Asia Pacific region and beyond its borders, they are becoming increasingly exposed to risks such as Directors and Officer’s (D&O), Cyber and Professional Liability, in addition to threats stemming from mergers and acquisitions,” …
“The insurance industry should move beyond traditional insurance solutions and start thinking of new ways to protect companies against the consequences of so-called Black Swan events, such as the Gulf oil spill or last year’s Japanese tsunami,” warned Phil Ellis, …
Willis Group Holdings announced the appointment of Antonio Tosti to the newly-created role of CEO of Willis’ Latin American Reinsurance business. He will also maintain his current responsibilities as CEO of Willis’ facultative business in Continental Europe, a position he …
Willis Group Holdings announced that Nils Arne Fagerli has been appointed CEO of Willis Norway AS, effective immediately. He is based in Oslo and reports to Adam Garrard, CEO of Europe (Willis International). Fagerli joins Willis from GIEK Credit Insurance …
To mark the anniversary, May 18, 2012, of its DARCstar Directors & Officers (D&O) insurance coverage, Willis Group Holdings has introduced a new improved version of the form, and has launched two new products in the DARCstar stable: “prospectus liability …
The latest Insurance-Linked Securities (ILS) Market Update from Willis Capital Markets & Advisory (WCMA), part of global insurance broker Willis Group Holdings, notes a “record issuance in the catastrophe bond market in the first quarter of 2012, with eight new …
The airline and aviation manufacturing insurance markets turned a profit in 2011 “following one of the safest years in recent times in terms of numbers of losses and passenger fatalities,” according to a review from Willis Aerospace, a unit of …
Willis Group Holdings reported net income from continuing operations for the quarter ended March 31, 2012 of $225 million, or $1.28 per diluted share, compared with $35 million, or $0.20 per diluted share, in the same period a year ago. …
Willis Group Holdings announced two key appointments to its Global Solutions (International) team, increasing its multinational client focus in Asia. Karen Lieu recently joined as Managing Director, Asia Global Solutions (International), while Michelle Zhou has been appointed Divisional Director, Global …
Willis Energy, a unit of Willis Group Holdings, released its “Energy Market Review” at conference held at its London headquarters last Tuesday. The review focused on industry losses, current capacity and the current controversy over the extraction of shale gas …
