Latest Willis Towers Watson Headlines

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

Willis Reports Q3 Net Income of $117M, Compared to $7M Net Loss in Q3 2014

Oct 30 2015 // Willis Group reported net income of $117 million, or $0.64 per diluted share, during the third quarter ending Sept. 30, compared to a net loss of $7 million, or $(0.04) per diluted share, in the prior year quarter.For the...

Willis Re Unveils ‘Enhanced Approach’ for Catastrophe Risk Exposure

Oct 19 2015 // Willis Re, the reinsurance brokerage division of Willis Group Holdings plc, announced that it has released the “Willis Re View of Catastrophe Risk.”The program offers an “enhanced approach to catastrophe...

Aubert Appointed CEO of UK-based Willis Limited

Oct 12 2015 // Willis Group Holdings has appointed Nicolas Aubert as CEO of Willis Limited, the Willis Group’s principal UK regulated entity. The appointment, which has received regulatory approval from the Financial Conduct...

Willis Re Report: Capital Growth Eases as M&A, Capital Mgmt. Accelerate

Sep 10 2015 // In its most recent Reinsurance Market Report Willis Re, the reinsurance division of Willis Group Holdings plc, notes: “Faced with significant over-capacity and widespread pricing pressure, the growth in global...

Willis Appoints Wemyss as Global Head of Placement

Aug 25 2015 // Willis Group Holdings has appointed Toby Wemyss as global head of placement, effective immediately.He succeeds David Martin, who will be leaving the company. In this role, Wemyss will drive the continuing development of...

UnipolSai, Willis Capital Confirm Italian Cat Bond for Azzurro Re; 1st in Europe

Aug 14 2015 // UnipolSai Assicurazioni S.p.A. (UnipolSai), a multi-business Italian insurance company of the Unipol Group and Willis Capital Markets & Advisory (WCMA) part of Willis Group Holdings plc, have confirmed the...

Willis Re Announces Sr. Leadership Posts for Jago, Hvidsten, Kent & Newman

Aug 10 2015 //

Willis 1st View Reinsurance Report on Pricing Finds some Stabilization

Jul 2 2015 // According to the latest 1st View Renewals Report from Willis Re, the relentless “period of rate reductions” in reinsurance pricing shows signs of softening with “early signs” of price stabilization...

Willis CEO, Casserley, Opts Against Taking Severance Pay in Towers Watson Deal

Jul 1 2015 // Willis Group Holdings plc’s chief executive officer, who is taking a lesser role under the insurance broker’s planned merger with Towers Watson & Co., has opted against taking some compensation that he was...

Willis Group, Towers Watson Agree to Merger

Jun 30 2015 // Global reinsurance and insurance broker Willis Group Holdings and professional services and analytics firm Towers Watson have agreed to an all-stock merger of equals.Upon completion of the merger, Willis shareholders will...

Steve Hearn to Leave Willis for CEO Role at Cooper Gay Swett & Crawford

Jun 29 2015 // Willis Group Holdings confirmed that Deputy CEO Steve Hearn has decided to leave the company and will take up the role of CEO at Cooper Gay Swett & Crawford (CGSW) at the beginning of November.The announcement came one...

Willis Re Launches $400M Reinsurance Facility to Cover Catastrophic Liabilities

May 14 2015 // Willis Re, the reinsurance division of Willis Group Holdings plc, has established a syndicated reinsurance facility providing the broadest protection available for insurers against catastrophic and systemic loss...

More Market Pressures; Reinsurance Capital at $425 Bn: Willis Re Report

May 8 2015 // Willis Re’s latest Reinsurance Market Report notes that the “growth in global capital dedicated to reinsurance continues to exacerbate the challenge of oversupply, placing further pressure on already weak...

MMC’s Zaffino Adds Chairman Title; Willis Re’s Hearn to Join Guy Carpenter as CEO

May 7 2015 // Marsh & McLennan Companies Inc. announced that Peter Zaffino, president and CEO of Marsh, has been appointed chairman of the company’s Risk & Insurance Services segment, which includes Marsh and Guy...

Willis Makes Firm Offer for Remaining Shares of French Broker Gras Savoye

Apr 23 2015 // Willis Group Holdings plc announced that it has made a firm offer to acquire the remaining 70 per cent that it does not currently own of French insurance broker Gras Savoye, and to accelerate closing the transaction....

Willis Names Peller Fine Art, Jewelry and Specie Global CEO

Apr 16 2015 // Willis Group Holdings announced the appointment, effective immediately, of Seth Peller as Global CEO of its Fine Art, Jewelry and Specie (FAJS) division. From his base in London, Peller will lead FAJS teams in the UK, US...

Willis Re 1st View Report: Cycle Strained; ILS Funds Not Immune

Apr 1 2015 // “The urgent – and ever increasing – need for change across the reinsurance industry as it forms a new paradigm” is the subject discussed in Willis Re’s latest “1st View” renewals...

Willis Re Introduces Suite of Flood Analytics for Canada Insurance Market

Mar 20 2015 // Willis Re, the reinsurance division of Willis Group Holdings plc, has unveiled a new suite of flood solutions offering analytical capabilities that will enable insurers to proactively manage Canada flood...

Willis Re Launches Cyber Risk Modeling Tool – PRISM-Re™

Feb 3 2015 // Willis Re, the reinsurance division of Willis Group Holdings plc, announced that it has launched “the insurance industry’s first cyber risk modeling tool that will enable insurers to quantify and manage their...

Willis Re Renewals Report Sees Continued Industry ‘Reshaping’

Jan 2 2015 // “Relentless rate reductions, low investment returns and the continued influx of alternative capital have offered no respite for reinsurers at the January 1, 2015 renewal season with a reshaping of the global...