Latest Willis Towers Watson Headlines

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

Willis Re Reports on Mutual Insurers’ Diversification Challenges, Opportunities

May 3 2012 // Willis Re, the reinsurance arm of Willis Group Holdings, has released a report discussing the challenges and opportunities offered to mutual insurers through diversification, subtitled “Navigating the Pitfalls in...

Willis Re Appoints Welsch to Central Reinsurance Team

May 2 2012 // Willis Re, the reinsurance arm of Willis Group Holdings, has appointed Andrea Welsch to the position of Executive Director, effective May 28, 2012, based in London. In this newly created role she “will be...

Willis Re Names Beedle to Head Asian Operations

Apr 18 2012 // Willis Re, the reinsurance arm of Willis Group Holdings has announced the appointment of James Beedle as CEO of its Asian operations. He has been a member of the Willis Re team since 1998 and has worked with numerous...

Willis Re Report on Reinsurers Sees Lower Loss Activity, Market Support

Apr 3 2012 // Reinsurers have seen more positive results in the first quarter of 2012 than in the previous two years according to Willis Re, the reinsurance brokerage arm of Willis Group Holdings.However, the survey also indicated that...

Willis Re Appoints Melia as CEO Willis Re International

Feb 13 2012 // Willis Re, the reinsurance arm of Willis Group Holdings, announced the appointment of Tony Melia as CEO of Willis Re International, effective immediately.He has been with Willis Re since 1988, and will lead the...

Willis Re Notes 25% Growth in Insurance Loss Warranty Market

Jan 31 2012 // A report from Willis Re in London points to 2011 activity as driving a 25 percent growth in Insurance Loss Warranties (ILWs) volume for 2012. The report estimates that the ILW market reached trading volumes of $6 billion...

Cavanagh Appointed Willis Re CEO

Jan 19 2012 // Willis Group Holdings announced the appointment of John Cavanagh as CEO Willis Re, the reinsurance broking arm of the Willis Group, effective immediately. He succeeds Steve Hearn, who was appointed Chairman and CEO Willis...

Willis Re Reports Jan. 1 Renewals Focus on Nat Cat Data

Dec 30 2011 // An analysis from Willis Re, the reinsurance broking arm of Willis Group Holdings, notes that the majority of this year’s catastrophe losses arose “from un-modeled or inadequately modeled perils or...

Willis President, Global Chairman Millwater to Step Down

Dec 22 2011 // Willis Group Holdings announced that Grahame J. Millwater, who currently serves as President of Willis Group Holdings and Chairman & CEO of Willis Global, will retire from the company to pursue other interests.He...

Willis Group Acquires Italian Broker

Dec 12 2011 // Willis Italy, a unit of Willis Group Holdings, announced the acquisition of Broking Italia SRL, a long-established specialist in the Italian insurance market, founded and currently headed by Gianfranco Agostini and Daniela...

Willis Re Spots Downward Trend UK Auto Claims; Premium Increases

Dec 8 2011 // UK motor [auto] insurance premiums “have continued to rise in 2011, with some drivers facing price increases of up to 50 percent,” according to findings of the annual UK Motor Market Review by Willis Re. It...

Willis Re Canada Appoints Bradshaw as Board Chairman

Nov 23 2011 // Willis Re Canada marked the completion of its first full year of operations in the country with the announcement of the appointment of Jim Bradshaw as Chairman of the Willis Re Canada Board.He is also the CEO of Willis Re...

Willis Group Reports 4% Growth in Q3

Oct 25 2011 // Global insurance broker Willis Group Holdings plc said it achieved overall 4 percent growth in revenues with 2 percent organic growth in commissions and fees for the third quarter compared to the same period last year,...

ISO, Willis RE to Offer ISO Risk Analyzer Predictive Models in the U.S.

Sep 14 2011 // Property/casualty insurance analytics provider ISO and Willis Re, the reinsurance broking arm of Willis Group Holdings, the global insurance broker, have formed a joint marketing relationship for ISO Risk Analyzer products...

S&P Changes Willis Group Outlook to Positive; Affirms Ratings

Sep 2 2011 // 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 Re Sees Reinsurers Reacting as $48 Billion Losses Take Their Toll

Jun 30 2011 // The Willis Re’s 1st View Renewals Report for June/July 2011, entitled – “Mixed Messages“- estimates that “a string of natural catastrophes in the first quarter of 2011 has cost reinsurers in...

Solvency II: ‘Beware the Dog That Didn’t Bark,’ Warns Willis Re

Apr 13 2011 // Insurers are meeting their solvency requirements in greater numbers than anticipated and the result is that the Solvency II regulatory scheme will not result in a capital deficit for the insurance industry as a whole.The...

Willis Re Upbeat on S&P’s New Insurer Capital Model

Apr 4 2011 // After several years of uncertainty, coupled with no small amount of angst, Willis Re, the reinsurance broker for Willis Group Holdings, has published a reassuring report on Standard & Poor’s new criteria for...

Willis Re: Japan Quake Not Enough to Turn Soft Market

Mar 31 2011 // A report from Willis Re, the reinsurance brokerage arm of Willis Group Holdings, notes that “relatively orderly price movements at the April 1 Japanese reinsurance renewals reveal that the Tohoku Earthquake is not...

Business Moves

Feb 21 2011 // New York-based Glens Falls National Bank and Trust has acquired Upstate Agency Inc., a property and casualty insurance agency with eight offices in New York.Terms of the transaction were not disclosed. Upstate Agency,...