Reinsurance News

Willis Towers Watson news

Willis Towers Watson news related to the global insurance and reinsurance broker and consultancy.

Energy sector highly attractive to capital providers, profitability a challenge for insurers: Willis

10th April 2025

With capacity at an all-time high, the energy insurance market continues to soften, driven by a delicate balance between profitability concerns and the pursuit of market share, a recent Willis report has stated. According to the Energy Market Review report, the downstream market has seen a gradual increase in rate reductions ... Read the full article

Willis launches new Professional Indemnity solution with CCY40m capacity

8th April 2025

Willis, a WTW business, has launched ProXS, a new Professional Indemnity solution with a CCY40m capacity, designed to provide enhanced and cost-effective coverage for professional companies. The ProXS solution includes competing panels from Lloyds and company markets. Clients will be able to benefit from pre-agreed discount premiums that guarantee the best ... Read the full article

Health and safety risks are top priority for 80% of directors and officers: Willis

1st April 2025

Willis, a WTW business, has revealed that health and safety risks remain a leading priority for directors and officers across the globe. According to the latest Directors and Officers Liability Insurance Survey, 80% of respondents consider these risks to be either very important or extremely important to their organisations. This survey ... Read the full article

Willis adds Harb as Global Data Strategy Leader & Sargent as Global Digital Platforms Leader

24th March 2025

Brokerage Willis, a WTW business, has appointed Kate Harb as Global Data Strategy Leader and Dermot Sargent as Global Digital Platforms Leader, underlining the firm's ongoing commitment to digitisation and the delivery of a data-driven strategy. Harb, in the new role, will lead efforts to create a clear data strategy across ... Read the full article

Willis appoints Marsh’s Komorizono as Head of Risk & Analytics for CRB, Japan

12th February 2025

Brokerage Willis, a WTW business, has appointed Marsh’s Kohsuke Komorizono as Head of Risk & Analytics for Corporate Risk & Broking (CRB) in Japan. Komorizono will be based in Tokyo and report to Roy Nakazawa, Head of Japan and Head of Corporate Risk & Broking in Japan. He will also be part ... Read the full article

Willis appoints Marsh’s Paul Graziano as Growth Leader for North America

7th February 2025

Brokerage Willis, a WTW business, has appointed Paul Graziano as the Growth Leader for North America, to drive the development of a consistent framework to unify its revenue growth efforts across Willis in the region. Graziano brings over thirty years of industry experience and has a strong background in working with ... Read the full article

Willis appoints Stephen Kyriacou as Head of Litigation & Contingent Risk Solutions NA

6th February 2025

Willis, a WTW business, has appointed Stephen Kyriacou as Head of Litigation and Contingent Risk Solutions, and Senior Director of Transactional Solutions for North America. In his new role, Kyriacou will focus on developing and implementing tailored insurance solutions for litigation and contingent risks. He will collaborate closely with corporate, private ... Read the full article

Willis hires Marsh’s Pat Donnelly as Head of Risk & Broking, NA

31st January 2025

Brokerage Willis, a WTW business, has appointed Pat Donnelly as the Head of Risk & Broking (R&B), North America (NA), reporting to Lucy Clarke, President of R&B. Donnelly will be based in Chicago and is expected to join the company in the second quarter of 2025. He is a proven leader in ... Read the full article

WTW Singapore makes two senior appointments

1st March 2022

WTW has appointed Choo Oi San as Singapore Country Leader, and Ludan Wang as Head of Corporate Risk and Broking (CRB) for Singapore. Oi San will hold dual capacity, combining her new role with her current position as Division Leader for South Asia and Emerging Markets, Insurance Consulting and Technology business. In ... Read the full article

Is pension scheme derisking heading into a boon year in 2022?

31st January 2022

WTW has posited that pension scheme derisking will have a boon year in 2022, according to a new report the company has put out this week. The work, WTW’s de-risking report 2022 titled A Bright Future Ahead, predicts that this year will be the fourth in a row that bulk annuities ... Read the full article

WTW appoints Robert Gardner to senior renewable energy role

14th January 2022

Re/insurance broker WTW has announced the appointment of Robert Gardner as GB Retail Industry Leader - Renewable Energy & Power for its Risk & Broking Division in GB. Specialising in Power and Renewable Energy, Gardner held a variety of leadership roles at Marsh during a 27-year tenure based in London and ... Read the full article

WTW forms new Crisis Management unit

13th January 2022

WTW has formed a new Crisis Management unit with the merger of SCR and its Terror and Political Violence teams which will sit within its Financial Solutions Global Line of Business. The new unit will be led Jo Holliday, Managing Director of SCR, and deliver crisis management and contingency risk management ... Read the full article

Kameswara Natakusumah to lead WTW Indonesia

10th January 2022

Willis Towers Watson (WTW) has appointed Kameswara Natakusumah as Head of Indonesia and Head of Corporate Risk & Broking (CRB) in Indonesia. Based in Jakarta, Natakusumah will deliver client-focused solutions that manage risk, optimise benefits and cultivate talent to strengthen and protect organisations across the vast archipelago. He will also work closely ... Read the full article

WTW announces Erin Magilton as Risk & Broking leader, Canada

7th January 2022

Insurance and reinsurance broker, Willis Towers Watson (WTW), has appointed Erin Magilton as the leader of Risk & Broking for the Canada region. Based in Toronto, Magilton takes on responsibility for leading the Risk & Broking team in Canada. She will report to Mike Liss, leader of Risk & Broking for North ... Read the full article

WTW names Powney as Head of Surety for UK

6th January 2022

Re/insurance broker Willis Towers Watson (WTW) has announced the appointment of Steve Powney as Surety Practice Leader for Europe and the UK. Powney was previously Head of International Surety at Crum and Forster and has lead surety operations for Asia, Europe and the Middle East. His responsibilities include underwriting, production and operational ... Read the full article