Latest Willis Towers Watson Headlines

All the headlines from our Willis Towers Watson Topic Page, ordered by recency.

The Story Behind the Aon and Willis Towers Watson Deal that Died a Quick Death

Mar 7 2019 // It’s not often that you hear about a $24 billion deal brewing in the financial services industry. It’s even rarer that it goes from confirmation to breakup in less than a day.On Tuesday afternoon, Aon Plc...

Aon Will Not Pursue Merger with Willis Towers Watson

Mar 6 2019 // Aon Plc said it’s no longer pursuing a combination with rival insurance brokerage Willis Towers Watson Plc, a day after confirming that it was considering a tie-up.The company said on Tuesday that it was in the early...

Update: Aon Considers Bid to Buy Willis Towers Watson

Mar 5 2019 // Aon Plc is considering a combination with rival insurance brokerage Willis Towers Watson Plc, in what could be the industry’s largest ever merger.Aon is in the early stages of exploring an all-share tie-up with...

Insurance Linked Securities Market Grows to $93B in 2018: Willis Re

Feb 18 2019 // Growth of the insurance linked securities (ILS) market reached $93 billion in 2018, up from $88 billion during the prior year, according to the new ILS Market Update from Willis Re, the reinsurance division of Willis...

Ed Appoints Willis Towers Watson’s Skaanild to Professional & Executive Risk Team

Feb 8 2019 // Ed, the London-based reinsurance, wholesale and specialty broker, announced the appointment of Laura Skaanild as client director, Professional and Executive Risk. She will report to Paul Richards, managing director of...

Insurance Linked Securities Market Grows to $93B in 2018: Willis Re

Feb 1 2019 // Growth of the insurance linked securities (ILS) market reached $93 billion in 2018, up from $88 billion during the prior year, according to the new ILS Market Update from Willis Re, the reinsurance division of Willis...

Multiple Smaller Natural Disasters in 2018 Created ‘Unusual’ Insured Loss Picture: Willis

Jan 16 2019 // Insured loss estimates from major natural catastrophes in 2018 totaled roughly $71.5 billion, the highest since 2011’s annual market losses of $120 billion, according to Willis Re.However, the insured losses in 2018...

Willis Towers Watson Taps Oppenheim to Lead Southeast Construction Practice

Jan 16 2019 // Willis Towers Watson has appointed Jonathan Oppenheim as regional Construction leader in its Southeast region, part of the company’s North American Construction business. Oppenheim, a 30-year industry veteran, joins...

WTW Names Forrest EMEA Regional Leader, Insurance Consulting & Technology

Jan 9 2019 // Willis Towers Watson announced that Colin Forrest will take on the role of regional leader for Europe, Middle East and Africa (EMEA) in the company’s Insurance Consulting and Technology business. Forrest takes over...

January Renewals Show Higher Prices for Clients with Poor Loss Records: Willis Re

Jan 2 2019 // Reinsurance placements at Jan. 1, 2019 highlight a pricing gap between accounts with peak peril exposures, or poor loss records, and the rest, with many reinsurers placing emphasis on the quality of client counterparties,...

Willis Towers Watson Names Creedon Construction Leader for North America

Dec 12 2018 // Insurance broker Willis Towers Watson has appointed Bill Creedon as Construction Industry leader for North America within its Corporate Risk and Broking segment. Creedon, a 30-year insurance and construction risk industry...

WTW Taps Rowley from Brit, Harvey from Aon to Boost London P/C Arm

Dec 11 2018 // Willis Towers Watson has appointed Tom Rowley as senior vice president, North American Property, and named Matt Harvey as senior vice president, International Property. Both will sit within the Property & Casualty...

Willis Towers Watson Launches New Version of Radar Pricing Software

Dec 11 2018 // Willis Towers Watson announced the launch of the latest version of its Radar pricing software. With the speed of change and disruption across markets and products accelerating, Radar 4.2 provides insurers with “a...

Willis Towers Watson Announces Ganzi Will Succeed McCann as Board Chairman

Nov 20 2018 // Willis Towers Watson announced that James McCann will be succeeded as chairman of the board by Victor Ganzi, effective Jan. 1, 2019.McCann will step down as chairman three years after the merger of Willis and Towers...

Willis Towers Watson Launches Cyber Solution for Airports

Nov 19 2018 // In response to cyber and digital risk being identified as the top concern facing airports today¹, Willis Towers Watson has introduced CyFly for Airports, an insurance solution specifically tailored to cover cyber...

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

Nov 14 2018 // 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...

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

Nov 7 2018 // 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...

Insurance Linked Securities’ Issuance Reaches Record $1.6B in Q3: Willis Re

Nov 6 2018 // The issuance of non-life insurance linked securities during the third quarter reached a record $1.6 billion, according to a report published by Willis Re.The total exceeds the former Q3 record of $1.4 billion achieved in...

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

Nov 2 2018 // 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...

Willis Research Network Renews Partnership with Global Earthquake Model Foundation

Oct 31 2018 // The Willis Research Network (WRN) announced it has renewed its partnership with the Global Earthquake Model (GEM) Foundation.The agreement represents a continued commitment to working collaboratively in order to develop...