Latest Willis Towers Watson Headlines

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

Willis Group Increases Stock Buyback Authorization

Sep 9 2004 // Global insurance broker Willis Group Holdings Limited announced that the Board of Directors has approved an increase in the Company’s existing common share buyback authorization from $300 million to $500 million. The...

Suchomel Joins Willis Re as Senior Vice President

Jun 2 2004 // New York City-based Willis Re, the reinsurance unit of Willis Group Holdings, announced that Dennis Suchomel has joined its Los Angeles office as senior vice president. He will be responsible for producing and marketing...

Scampas, Nylund Join Willis Group

Mar 23 2004 // Global insurance broker Willis Group Holdings announced that two new executives have been named to its management team.Jeanette Scampas has joined Willis from AIG as Executive Vice President, responsible for Global...

Willis Group Report Forecasts 2004 Marketplace

Jan 14 2004 // London-based global brokerage Willis Group Holdings has issued the 2004 edition of Marketplace Realities and Risk Management Solutions (PDF), its annual compilation of articles on all lines of insurance. The report...

King Joins Willis Re as Senior VP, Retrocession

Jan 5 2004 // Willis Re, the reinsurance unit of Willis Group Holdings, the global insurance broker, announced a senior appointment strengthening its Retrocession operations. Bob King, who most recently served as senior vice president...

S&P Affirms Hannover Re Bermuda ‘AA-‘ Ratings

Oct 30 2003 // Standard & Poor’s Ratings Services announced that it has affirmed the ‘AA-‘ counterparty credit and financial strength ratings on property/casualty insurer Hannover Re (Bermuda) Ltd. (HRB), with a...

Willis Group Acquires St. Paul Agency

Sep 16 2003 // Brokerage giant Willis Group Holdings Ltd. announced the asset acquisition of River City Agency LLC, an agency located in St. Paul, Minn. River City is a specialized insurance broker dedicated to serving the needs of the...

Willis Group Acquires San Diego-based Cogdill Bonding

Aug 19 2003 // Willis Group Holdings Limited announced that it has signed definitive agreements to acquire Cogdill Bonding and Insurance Services Inc. (“Cogdill Bonding”), the assets of the sole proprietorship of Scott J....

Willis Group Reports Q2 Results

Jul 24 2003 // Willis Group Holdings Limited reported record results for the quarter and six months ended June 30, 2003.Separately, the Board of Directors approved a 30 percent increase in the regular quarterly cash dividend on the...

Herriott Joins San Fransico Office of Willis Re as VP,P/C

May 20 2003 // Willis Re Inc. announced that Paul D. Herriott, has joined their San Francisco office as a vice president. Heriott will be responsible for producing new property/casualty business in the Western Region. Heriott brings...

Willis Group Posts $117 Million Net Q1 Income

Apr 24 2003 // International broker Willis Group Holdings Limited reported record results for the quarter ended March 31, 2003, with net income of $117 million, or $0.69 per diluted share compared to $68 million, or $0.43 per diluted...

Willis Group Names Pacific Northwest Region, Seattle Leaders

Apr 23 2003 // Willis Group Holdings Ltd., announced two senior appointments strengthening its operations in the Pacific Northwest region of the United States. Chris Engstrom, formerly CEO of the Seattle office, has been promoted to...

Willis Group Sells DRIVE to MVRA

Apr 21 2003 // Willis Group Holdings announced the sale of the DRIVE business to MVRA Limited.DRIVE is a vehicle accident management service that comprises facilitating access to call centre assistance, roadside recovery, vehicle repair...

Willis Group Forms Joint Venture to Grow in India

Apr 15 2003 // Willis Group Holdings Ltd. has formed a joint venture with Bhaichand Amoluk Consultancy Services Pvt. Ltd. to provide insurance broking and risk management services in India.The joint venture, called Willis BA India...

Willis Group Appoints Roberts to Board of Directors

Feb 13 2003 // Willis Group Holdings Limited announced the appointment of Douglas Roberts, the Former Treasurer of the State of Michigan, to its Board of Directors. He will chair the Audit Committee. Roberts served two terms as Michigan...

Willis Group Reports $210 Million Net Income for 2002; $118 Million in Q4

Feb 6 2003 // Insurance companies aren’t the only ones who made money last year. Brokers seem to be doing pretty good too, as the earnings announcement from the world’s third largest insurance broker, Willis Group Holdings...

Willis Re Makes Hirings in Chicago Office

Jan 17 2003 // Willis Re announced the recent hiring of facultative brokers in the Chicago office.Noreen Metcalfe has joined the office as vice president and property manager. She brings 17 years of property reinsurance underwriting...

Willis Group Purchases Sunaro, Strengthening Employee Benefits Practice

Jan 2 2003 // Willis Group Holdings announced the asset acquisition of Sunaro Inc., an employee benefits technology solutions company which delivers web-based benefits communication, enrollment, and administration services. Sunaro has...

Willis Re Opens New England Facultative Office

Oct 23 2002 // Willis Re Inc. of New York announced the opening of a New England facultative office to be headed by Richard Grabowski, appointed vice president effective Oct. 21. The office will initially be based in Farmington, Conn.,...

Willis Group Raised

Aug 19 2002 // S&P raised its counterparty credit rating on Willis Group Holdings Ltd. (Willis) to “BB+” from “BB” due to the company’s continued debt reduction and improved operating fundamentals. It...