Latest Willis Towers Watson Headlines

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

Arthur J. Gallagher Ends $3.6B Deal to Buy Willis Re, After Aon-Willis Merger Scrapped

Jul 27 2021 // Arthur J. Gallagher & Co. announced it has terminated its May 12, 2021 agreement to acquire Willis Re and certain other Willis Towers Watson operations for $3.57 billion.Both Gallagher and Willis Towers Watson filed...

People Moves: Aon Cyber Appoints Bixby; Guy Carpenter Adds 2 from Willis Re, Zywave Names 3 Senior Leaders

Jul 20 2021 // Hacking Expert Bixby Joins Aon Cyber SolutionsAon has appointed Adam Bixby as the new managing director, Proactive Security leader, for Cyber Solutions North America. Bixby is responsible for the Proactive Security...

Global Cyber Reinsurance Rates Soar by as Much as 40% During July Renewals: Willis Re

Jul 19 2021 // Global cyber reinsurance rates have soared by up to 40% in the July renewal season, reinsurance broker Willis Re said this month, as ransomware attacks increase in number and severity.A ransomware attack on Colonial...

P/C Insurers Plan to Boost Their Use of Automation: Willis Towers Watson

Jul 15 2021 // Property/casualty insurers plan to accelerate their use of automation for actuarial work, a new Willis Towers Watson survey found. What’s more, COVID-19 has been a major factor in the trend.The sector’s overall...

People Moves: LoPiccolo Takes on Client Engagement at AXIS Re; WTW’s Layton Joins Lockton Re; Futers Returns to RMS in UK

Jul 9 2021 // In today’s International People Moves, appointments are detailed from AXIS Re, Lockton Re and catastrophe modeling company RMS.A summary of these new hires follows here. AXIS Re, the reinsurance business segment of...

EU Approves Aon-Willis Towers Watson Merger, but Other Roadblocks Remain

Jul 9 2021 // The European Commission has approved the acquisition of Willis Towers Watson by Aon, lifting a major roadblock to the proposed $30 billion merger. But there are more roadblocks to overcome.The approval is conditional on...

Global Cyber Reinsurance Rates Soar by as Much as 40% During July Renewals: Willis Re

Jul 1 2021 // Global cyber reinsurance rates have soared by up to 40% in the July renewal season, reinsurance broker Willis Re said on Thursday, as ransomware attacks increase in number and severity.A ransomware attack on Colonial...

People Moves: Willis Re’s Johns and Aon’s O’Donoghue to Carpenter; Garzon Succeeds Laidlaw at McLarens’ LatAm Business

Jun 30 2021 // Guy Carpenter & Co., the reinsurance business of Marsh McLennan, announced the appointments of James Johns as managing director, effective Aug. 12, 2021, and Joshua O’Donoghue as senior vice president, effective...

People Moves: Willis Re’s Loggie to TigerRisk; Aon’s Lee to Lockton Re; Wakam’s Mebarki to Miller

Jun 23 2021 // These international People Moves detail appointments at three insurance brokers: TigerRisk Partners, Lockton Re and Miller.A summary of these new hires follows here. TigerRisk Partners LLC, the Stamford, Conn.-based global...

Aon-WTW Merger Would Help Boost Industry’s Innovation. Aon CEO Makes the Case.

Jun 18 2021 // The enhanced ability to innovate is a principal motivator for Aon’s proposed acquisition of Aon and Willis Towers Watson. It’s a message that Aon CEO Greg Case has been emphasizing since the $30 billion deal...

People Moves: Howden Hires Sturani and Nanni from Aon; WTW’s Young to Head M&A at Hamilton; Ballantyne Brokers Adds 2 More Senior Roles

Jun 17 2021 // Howden, the London-based international insurance broker, announced that Luigi Sturani has been appointed chief executive officer, Europe, along with Enrico Nanni who joins his team as chief commercial officer, Europe, in...

U.S. Justice Department Files Suit to Block Aon’s Purchase of Willis Towers Watson

Jun 16 2021 // Aon’s proposed $30 billion acquisition of Willis Towers Watson has hit a major roadblock, with the U.S. Department of Justice suing to block the deal.The DOJ’s civil antitrust lawsuit argues that the merger,...

Global Insurers Face Hefty Costs of $15B-$20B to Implement IFRS 17: WTW

Jun 8 2021 // The total cost faced by the global insurance industry to implement IFRS 17 is estimated to be in the range of US$15 billion-$20 billion, according to a new global survey by Willis Towers Watson.While the estimated costs...

Willis Towers Watson Collaborates on Hurricane Insurance for Endangered Coral Reef

Jun 4 2021 // Insurance broker Willis Tower Watson announced the launch of a multinational partnership to develop and implement insurance solutions that help protect and restore the endangered 1,000 kilometer (621 mile) barrier reef...

Aon to Sell U.S. Retirement, Retiree Health Units for $1.4B to Smooth WTW Acquisition

Jun 3 2021 // Global insurance broker Aon has agreed to sell its U.S. retirement business to private investment firm Aquiline and its Retiree Health Exchange individual health insurance business to Illinois-based digital services firm...

Willis Towers Watson Launches Sports and Entertainment Industry Group

Jun 1 2021 // Insurance broker Willis Towers Watson announced the launch of a Sports & Entertainment Industry Group to support sports & entertainment (S&E) organizations and entertainment professionals seeking to identify,...

People Moves: WTW’s Hegelbach to Newly Created Renewable Energy Role at Howden; Browne Is Division President, Consumer Lines, APAC, for Chubb

May 28 2021 // Howden Specialty announced the appointment of Severin Hegelbach as divisional director. In this newly created role, Hegelbach will lead a renewable energy advisory service, focused on providing in-depth risk advice for...

People Moves: Embroker Names 2 Execs; Markel Promotes Castriotta; Kaufmann, McPhail Join WTW; Laufer, Pignataro to AGS Executive Team

May 26 2021 // Digital commercial lines insurer Embroker announced the appointment of a chief insurance officer and a chief technology officer.Steve Prymas, Embroker’s new chief insurance officer, brings 20 years of experience to...

People Moves: Deloitte’s McIlquham to Acrisure; UIB’s Kassali to Willis Re; Peak Re’s Cheng to Acacia, Scope to Corant

May 24 2021 // This wrap-up of international People Moves details recent appointments at broker Acrisure; Willis Re; reinsurance investment firm Acacia Holdings Ltd., and Corant Global.A summary of these new hires follows here. Acrisure,...

People Moves: WTW’s Harvey to Acrisure Re; Fidelis’ Clapham to IGI; AXA XL’s Paeßens to Liberty Specialty Markets; Leggett Is CEO of Sedgwick Ireland

May 20 2021 // This wrap-up of international People Moves details recent appointments at Acrisure Re; International General Insurance; Liberty Specialty Markets and Sedgwick.A summary of these new hires follows here. Acrisure Re, the...