Latest Willis Towers Watson Headlines

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

Willis Re Unveils New Japan Tsunami Model

Dec 3 2014 // Willis Re, the reinsurance division of Willis Group Holdings, the risk adviser, insurance and reinsurance broker, has released a new Japan Tsunami Model to advance the industry’s understanding of catastrophic tsunami...

Noguchi Appointed Managing Director – Willis Re Japan KK

Nov 18 2014 // Willis Re, the reinsurance division of Willis Group Holdings, plc, announced the appointment of Tsuyoshi Noguchi as Managing Director for Willis Re Japan KK, effective December 1, 2014. He is based in Willis Re’s...

Willis Appoints Aubert as CEO Designate for UK Insurance Business

Nov 13 2014 // Willis Group Holdings has appointed Nicolas Aubert as Chief Executive Officer Designate of Willis UK Insurance, which includes its combined UK retail and global specialty businesses.While initially serving as CEO Designate...

Brokers Willis Group, Miller Talk Merger of Wholesale Brands

Oct 20 2014 // Willis Group Holdings and Miller Insurance Services LLP are engaged in talks to merge their wholesale insurance businesses. The resulting wholesale brokerage firm would trade under the Miller brand, governed and regulated...

Willis Re Strengthens Turkish Expertise with Gras Savoye Agreement

Sep 22 2014 // Willis Re announced that it has strengthened its expertise in the Turkish market by entering into an agreement with Gras Savoye Turkey.Kemal Kurklu has joined Gras Savoye as Executive Director-Treaty Reinsurance in...

Encode Disaster Resilience in the Global Financial System: Willis Re Chairman

Sep 16 2014 // “Disaster resilience should be encoded into the global financial system,” said James Vickers, Chairman of Willis Re International, in an interview at the Reinsurance Rendezvous in Monte Carlo. “It’s...

Maine’s SurePoint Re Advisors to Be Acquired by Willis Re

Sep 11 2014 // Willis Group Holdings plc announced today that Willis Re Inc., its North American reinsurance business, has entered into a definitive agreement to acquire the assets of SurePoint Reinsurance Advisors, LLC, in Portland,...

Willis Re Opens Tampa Office Headed by Vincent

Sep 3 2014 // Reinsurance broker Willis Re has opened a new operation in Tampa, Florida, as it continues to expand its reinsurance presence in the North American market. The Willis Re Tampa office will be led by Ken Vincent, executive...

Willis Re Strengthens Senior Management Team in Canada

Aug 28 2014 // Willis Re Inc., the North American reinsurance operation of Willis Group Holdings plc announced the appointment of Geoff Lubert as Managing Director and Executive Vice President of Willis Re Canada, replacing Robert...

Willis to Acquire Sweden’s Employee Benefits Provider Max Matthiessen

May 27 2014 // Willis Group Holdings plc announced that it will acquire a controlling stake of approximately 75 percent in Max Matthiessen, an employee benefits adviser in Sweden, for $205 million.Willis said the acquisition...

Willis Group Reports $246 Million Q1 Net Income; CEO Comments

Apr 30 2014 // Willis Group Holdings plc reported net income of $246 million or $1.35 per diluted share in the first quarter of 2014, compared to net income of $219 million, or $1.24 per diluted share, in Q1, 2013. The report noted,...

Willis Appoints Martin to Succeed Hearn as CEO of UK Division

Apr 28 2014 // Willis Group Holdings has appointed David Martin as Chief Executive Officer of Willis Limited, the Willis Group’s principal UK regulated entity, effective as of May and subject to FCA approval.Martin succeeds Steve...

April Renewals Confirm Reinsurance Rates Continue to Fall: Willis Re Chairman

Apr 1 2014 // “Reinsurance rates began to fall last year,” said Willis Re’s Chairman James Vickers in a telephone interview. The January renewals “saw more reductions, and this has continued in...

Willis Global Appoints Menghi Director of Strategy and Transformation

Mar 11 2014 // Willis Group Holdings has appointed Pietro Menghi as Director of Strategy and Transformation for Willis Global, the division which includes Willis’s specialist brokerage and consulting services.He has been leading...

3 Keys to Reinsurers’ Survival: Willis Re President Jago

Mar 5 2014 // Traditional reinsurers must remain relevant in order to survive challenging market dynamics, but stay mindful about which areas they diversify into, according to Paddy Jago, president of Willis Re in a video blog on...

Capital Capacity Softens January Renewal Rates up to 25%: Willis Re Report

Jan 2 2014 // According to Willis Re’s January 2014 Reinsurance Renewals Report, “a heady cocktail of converging factors has fuelled a soft buyers’ market in nearly all lines of business at the 1 January 2014...

Willis Appoints Owens as CEO of New Global Captive Management Unit

Dec 19 2013 // Willis Group Holdings announced the appointment of Paul Owens as CEO of the newly formed Willis Global Captive Management business, effective January 1, 2014. He “will lead the formation of Willis Global Captive...

2013 Had Lowest Hurricane Count since 1982: Willis Re

Dec 12 2013 // The 2013 Atlantic storm season has proved one of the quietest in decades with the lowest number of hurricanes since 1982 and none of them considered ‘major’, according to insurance broker Willis Re.An unusually...

Europe a Reinsurance Buyer’s Market Says Willis Re; Rates Down 5-10%

Oct 22 2013 // In a report from Baden-Baden, Willis Re, the reinsurance arm of Willis Group Holdings plc, notes that “increased capacity, competition and changing market dynamics have created a buyer’s market for European...

Reinsurers Get Down to Business in Baden-Baden; Willis Re Chairman Comments

Oct 21 2013 // “I don’t think there have been any big changes between Monte Carlo and Baden-Baden,” said James Vickers, chairman of Willis Re International. This isn’t that surprising, given that the two...