Reinsurance News
Willis Towers Watson news
Willis Towers Watson news related to the global insurance and reinsurance broker and consultancy.
Revenues up at Willis Towers Watson as all segments perform in Q3
2nd November 2018
Global insurance and reinsurance broker Willis Towers Watson (WTW) has reported its results for the third-quarter of 2018, which includes an increase in net income of $139 million and organic revenue growth of 5%. Reported revenue increased 3% to $1.9 billion when compared with the same period in 2017, and net ... Read the full article
Willis Towers Watson names Sales Leader for Corporate Risk & Broking GB Retail business
2nd November 2018
Global insurance and reinsurance broker Willis Towers Watson has hired Adrian Willmott, formerly of Marsh, as Sales Leader of its Corporate Risk & Broking GB Retail business. Willmott will ... Read the full article
Willis Towers Watson’s LifeSight outlines new ESG investment strategy
1st November 2018
LifeSight, Willis Towers Watson’s (WTW) UK defined contribution (DC) master trust, has outlined a new Environmental, Social & Governance (ESG) investment strategy, which will see it allocate around half of the Equity investments within the default fund to ESG issues by Q4 2018. WTW said that this is the first master ... Read the full article
Global re/insurance M&A deal value hits $42bn, highest since financial crisis
31st October 2018
A “slew of megadeals" have pushed the deal value of global re/insurance mergers and acquisitions to $42 billion (€37 billion) in the first half of 2018, the highest since the financial crisis, according to a new report from Willis Towers Watson and Mergermarket. Indeed, this past week has seen a succession ... Read the full article
WTW research arm renews partnership with Global Earthquake Model Foundation
29th October 2018
Willis Research Network (WRN), the research arm of the Willis Towers Watson, has renewed its partnership with the Global Earthquake Model (GEM) foundation, a company aimed at the establishment of uniform and open standards for calculating and communicating earthquake risk worldwide. Karl Jones, Head of Catastrophe Analytics, Willis Re International, stated ... Read the full article
Reinsurance products backed by alternative capital have become mainstream: WTW
22nd October 2018
End investors, Insurance Linked Securities (ILS) funds, and buyers – the three groups active in ILS – have mostly weathered last year’s substantial loss activity with a view that reinsurance products backed by alternative capital have become mainstream, according to a new survey by Willis Towers Watson. In fact, the 2017 ... Read the full article
Willis Towers Watson establishes new claims resolutions team
17th October 2018
Global insurance and reinsurance broker Willis Towers Watson has established a new Resolutions team to support financial recovery efforts related to its clients’ most significant, complex and contested insurance claims. Willis Towers Watson said that the team will extend its traditional claim advocacy services into the dispute resolution arena to provide ... Read the full article
WTW appoints Allianz’s Elke Vagenende as Head of FINEX, Western Europe
12th October 2018
Global insurance and reinsurance broker, Willis Towers Watson, has appointed Elke Vagenende Head of its Western Europe region for FINEX, a division that focuses on financial, executive and professional risks. Vagenende, who brings over 20 years’ industry experience to the London-based role, previously served as Head of Market Management, UK, with ... Read the full article
Willis Towers Watson appoints Technology Sales Leader for ICT in Americas
11th October 2018
Global insurance and reinsurance broker Willis Towers Watson has appointed Marisa Ruscitto as Technology Sales Leader for its Insurance Consulting and Technology (ICT) business in the Americas. Ruscitto joins Willis Towers Watson from Risk Management Solutions (RMS), where she most recently served as Managing Director and led a global sales team ... Read the full article
Pamela Thomson-Hall named Head of CEEMEA region, Willis Towers Watson
10th October 2018
Global insurance and reinsurance broker, Willis Towers Watson, has announced the appointment of Pamela Thomson-Hall as the Head of the Central and Eastern Europe, Middle East, and Africa (CEEMEA) region. At the same time, Thomson-Hall has also been appointed Head of Corporate Risk and Broking (CRB) for the CEEMEA region, and starts both ... Read the full article
Willis Towers Watson expands Plug and Play insurtech partnership
8th October 2018
Re/insurance broker Willis Towers Watson (WTW) has expanded its partnership with Plug and Play, an innovation platform and venture fund that specialises in the development of early-to-growth stage technology startups. The new agreement extends WTW’s access to insurtech startups across all of Plug and Play’s platforms, which include Beijing, Munich, New ... Read the full article
Silent cyber perceived as a far greater risk than ever before: Willis Towers Watson
5th October 2018
Cyber-related losses are expected to increase across all business lines over the next 12 months while silent cyber continues to pose a massive threat, according to an industry-wide survey conducted by insurance and reinsurance broker Willis Towers Watson (WTW). “The insurance market considers ‘silent cyber’ to be a far greater risk ... Read the full article
Let’s think about a global insurance marketplace, not London as a hub: Nicolas Aubert
2nd October 2018
The re/insurance industry should no longer consider the London market as a hub for insurance and reinsurance business, but instead adjust its thinking towards a global marketplace, according to Nicolas Aubert, President of the Insurance Institute of London, and Head of Great Britain at Willis Towers Watson. In a lecture held ... Read the full article
Willis Towers Watson acquires French broker Dero Courtage
2nd October 2018
Insurance and reinsurance broker Willis Towers Watson has announced the acquisition of Dero Courtage, a risk advisor and insurance broker based in the French region of Normandy, for an undisclosed consideration. Headquartered in Le Havre, Dero Courtage specialises in corporate risks and the protection of executives. Following the acquisition, the business will ... Read the full article
Trade Credit Brokers rebrands under Willis Towers Watson name
27th September 2018
Trade Credit Brokers has announced that it has rebranded to Willis Towers Watson Trade Credit and Surety, becoming Ireland’s largest Trade Credit insurance specialist. Willis Towers Watson currently brokers over two-thirds of the Credit insurance business across the island of Ireland, and its Trade Credit clients insure over £1.5 billion worth ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
