Latest Willis Towers Watson Headlines

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

Willis Re Makes Management Changes in Australian Operation

Mar 26 2013 // Willis Group Holdings, the global risk advisor and insurance broker, has announced important changes to the leadership team at Willis Re Australia Limited, effective April 1, 2013.Current CEO Michael Harden will become...

Sullivan Leaving Willis in May; Hearn to Lead Global Solutions Unit

Feb 15 2013 // Willis Group Holdings plc announced that Martin Sullivan, the Group’s Deputy Chairman and Chairman and CEO of the Willis Global Solutions unit, “will be leaving the firm in May of 2013, after a transition, to...

Willis Reports $804 Million Q4 Operational Loss from Financial Charges

Feb 13 2013 // Willis Group Holdings has reported its results for the fourth quarter of 2012 and the twelve months ended December 31, 2012. The bulletin also noted that Joe Plumeri’s 12 year tenure as CEO officially ended with the...

Willis Re Sees No Rate Increases for Jan. 1 Renewals despite Sandy Impact

Dec 31 2012 // Willis Re’s Jan. 1 renewal report points out that 2012 natural catastrophe losses are estimated to be “50 percent less than last year’s losses of $120 billion.” As a result the report concludes that...

Post-Sandy Survey: Only Minor Damages to Buildings From Direct Wind

Nov 14 2012 // Damage from storm surge and flooding caused by Superstorm Sandy is widespread and extensive — but there is only minor damage to buildings from direct wind, according a field survey report this week from Willis...

McKinsey’s Casserely to Succeed Plumeri as Willis Group CEO

Oct 17 2012 // Dominic Casserley will serve as the next chief executive officer of global insurance broker Willis Group Holdings, effective Jan. 7, 2013.Also, Steve Hearn, currently the chairman and CEO of Willis Global, will serve as...

Willis Re Reports Some Reinsurance Rate Increases, but No Market Turn

Jul 3 2012 // “Rate increases in the North American and International reinsurance markets are due to modest losses and poor results – not a hardening market,” according to a newly release report from Willis Re, the...

Giancristofaro Appointed CEO for Willis’ Re Brazil Operations

Jun 20 2012 // Willis Group Holdings announced the appointment of Luigi Giancristofaro as CEO for its reinsurance operations in Brazil (Willis Corretora de Resseguros Ltda). He is based in Rio de Janeiro, and is primarily responsible for...

Willis Re Reports on Impact of ‘RMS v11’ European Windstorm Model Changes

Jun 18 2012 // A report from Willis Re notes that “UK insurers may see increases of up to 97 percent in their capital requirement for catastrophe exposures under Solvency II rules when making calculations under the new Risk...

Willis Appoints Tosti Latin American Reinsurance CEO

Jun 8 2012 // 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 Re Appoints Angelini-Hurll as Regional Director of APMETA Team

Jun 7 2012 // Willis Re, the reinsurance arm of Willis Group Holdings, announced the appointment of Kieran Angelini-Hurll as Regional Director of its Indian Sub-Continent, Middle East, North Africa and Turkey operations, a newly created...

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...