All the headlines from our Willis Towers Watson Topic Page, ordered by recency.
Feb 2 2018 // Willis Towers Watson has appointed Fred Zutel as Corporate Risk and Broking (CRB) market leader for Florida, where he will focus on delivering the company’s property & casualty insurance broking services to...
Jan 29 2018 // The insurance linked securities (ILS) sector is set for another year of growth as the market recovers from 2017’s natural disasters, replaces lost capital and investors show mounting interest in ILS products.These...
Jan 18 2018 // Willis Re, the reinsurance business of Willis Towers Watson, the global advisory and broking company, has upgraded its cyber risk portfolio modeling tool PRISM-ReTM to include “silent cyber.”Willis Re defines...
Jan 17 2018 // The insurance protection gap. It’s a phrase that will be increasingly heard over the coming years – because it is getting bigger. The protection gap is the difference between insured losses and total economic...
Jan 5 2018 // Insurance advisor and broker Willis Towers Watson has named Louise Pennington as large account leader for its Corporate Risk and Broking segment. In this newly created role, Pennington will be responsible for large account...
Jan 4 2018 // The insurance industry will pay record claims of US$135 billion from last year’s spate of natural catastrophes, according to a report published by Munich Re.Further, Hurricanes Harvey, Irma and Maria (HIM), the...
Jan 2 2018 // Global property reinsurance prices have risen less than expected in the key Jan. 1 renewal season, with strong competition limiting increases to single digit percentages following a record year of losses, brokers said on...
Dec 21 2017 // Willis Towers Watson Securities said it has structured and placed EUR 90 million of insurance-linked securities (ILS) for Covea Mutual Insurance Group, France’s largest domestic property/casualty insurance group.The...
Dec 13 2017 // The aging U.S. population will create unprecedented demand for the senior living industry for decades to come and that opens the door for agents and brokers to grow their business in this sector. But understanding the...
Dec 11 2017 // Commercial insurance prices in the U.S. were again nearly flat during the third quarter of 2017. Price changes reported by carriers averaged less than one percent for the ninth consecutive quarter, following a moderating...
Dec 4 2017 // Octo Telematics, the the London-based provider of telematics for the auto insurance industry, announced it has completed its acquisition of the usage-based insurance (UBI) assets of Willis Towers Watson, which was...
Nov 30 2017 // Willis Towers Watson has launched Igloo 5, an update to its financial modeling platform.The broker said Igloo 5 brings a number of key improvements including: Greatly improved model runtime Ready for use-based licensing...
Nov 20 2017 // Commercial insurance buyers should brace for rate increases for 2018 as the industry continues to tally losses following one of the most financially disruptive hurricane seasons in history, according to global insurance...
Nov 16 2017 // Fewer insurance mergers and acquisitions (M&As) are being completed these day but those that are completed are of a higher value, according to a survey by global broker Willis Towers Watson in conjunction with M&A...
Nov 6 2017 // Commercial insurance buyers should brace for rate increases for 2018 insurance as the industry continues to tally losses following one of the most financially disruptive hurricane seasons in history, according to global...
Nov 6 2017 // Willis Towers Watson announced the appointment of Evariste Yeung as head of Property and Casualty, North Asia.Yeung’s appointment took effect on Sept. 25, 2017. He is based in Shanghai and reports to Richard Collis,...
Nov 3 2017 // Without legacy systems to drag down their efforts, companies in emerging market—and China, in particular – may be poised to outpace U.S. and European counterparts developing insurtech innovations.Unencumbered by legacy...
Nov 2 2017 // Specialty insurance broker AmWINS Group reported that it has completed the previously-announced acquisition of 15 insurance programs from Willis Towers Watson. Terms were not disclosed.“The programs, product...
Oct 26 2017 // Global insurance advisor, Willis Towers Watson, has appointed Scott Wallace market leader for Wisconsin for its Corporate Risk and Broking (CRB) segment.Willis Towers Watson has offices in Brookfield and Appleton,...
Oct 25 2017 // Global insurance advisor Willis Towers Watson has hired Mike Toner as Corporate Risk and Broking (CRB) market leader for New England, which includes offices in Boston and Billerica, Mass; Hartford, Conn.; Burlington, Vt.;...