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Willis Towers Watson news
Willis Towers Watson news related to the global insurance and reinsurance broker and consultancy.
WTW appoints Anthony Monaghan to Industry Transportation Leader role
1st December 2021
Global re/insurance broker Willis Towers Watson has named Anthony Monaghan as GB Industry Transportation Leader for its Risk & Broking Division in GB. Monaghan joins from Marsh, where he most recently led their Manufacturing & Automotive Industry. Prior to MMC’s acquisition of JLT, he was Marsh’s Transportation Leader for the UK and ... Read the full article
WTW partners with software provider CodeEast on digital solution
29th November 2021
Re/insurance broker Willis Towers Watson (WTW) and software provider CodeEast have announced a global partnership offering a new digital transformation solution for insurance companies and MGAs. Combining WTW’s Radar Live with CodeEast's ONEview digital insurance platform, the solutions is designed to maximise profit margins and reduce operational costs using product distribution ... Read the full article
WTW adds MacCarthy to CRB business as Head of Asia Casualty
29th November 2021
Global re/insurance broker Willis Towers Watson has added Ben MacCarthy to its Corporate Risk and Broking (CRB) business as Head of Casualty Asia, effective December 1. MacCarthy will be based in Hong Kong and reports to Paul Ward, Head of Global Markets P&C in Asia at WTW. He brings over 15 years' experience ... Read the full article
WTW names Ted Hodgkinson Leader of Hong Kong and Macau
23rd November 2021
Ted Hodgkinson, Head of Corporate Risk and Broking in Hong Kong and Macau at insurance and reinsurance broker Willis Towers Watson (WTW), has assumed the additional role as Leader of Hong Kong and Macau. Hodgkinson has served as interim Leader since October and formally takes over the helm from Roger Steel, ... Read the full article
Premium growth strong for re/insurers in 2021: Willis Re
23rd November 2021
A group of re/insurers tracked by Willis Re reported improved combined ratios through the first nine months of the year despite elevated catastrophe losses in the third quarter, while half the cohort achieved double-digit growth in premiums. A recent report by Willis Re, which explores the 9M 2021 performance of the ... Read the full article
UK competition authority clears Gallagher acquisition of Willis Re
22nd November 2021
The UK’s Competition and Markets Authority (CMA) said this morning that it has ended its investigation into and cleared Arthur J. Gallagher & Co's (Gallagher) planned acquisition of the Willis Re treaty reinsurance business. The investigation has been ended as the CMA has decided now further action is required and said ... Read the full article
Industry uncertainty throws doubt over future of mega-M&A
18th November 2021
Despite having become an increasingly common feature of the insurance and reinsurance landscape in recent years, the industry's perception of mega-M&A moving forward appears to be one categorised by uncertainty; influenced by an awareness of heightened competition and anti-trust concerns. The results of our H2 2021 Reinsurance Market Survey, held ... Read the full article
WTW adds four to Board as succession process continues
18th November 2021
International insurance and reinsurance broker, Willis Towers Watson (WTW), has announced that Inga Beale, Fumbi Chima, Michael Hammond, and Michelle Swanback will all join its Board of Directors in 2022. These additions to its Board follow on from WTW's announcement in August that Carl Hess will succeed John Haley as ... Read the full article
Risk transfer is at the heart of low carbon transition: Rowan Douglas, WTW
17th November 2021
The global risk transfer industry will prove vital in how society is going to manage and orchestrate an orderly transition to a low carbon economy, according to Rowan Douglas, Head of the Climate and Resilience Hub at Willis Towers Watson (WTW), and Chairman of Willis Research Network. Reinsurance News spoke recently ... Read the full article
WTW predicts further stability for NA commercial Insurance in 2022
17th November 2021
Broking giant Willis Towers Watson has predicted further stability for North American commercial insurance moving into 2022, thanks to strong capital returns and growing rate adequacy confidence. The broking giant welcomed this in its report, considering it evidence of a segment breaking free from the steep and relentless cycles which had ... Read the full article
Willis Towers Watson to acquire Israeli broker Leaderim
16th November 2021
Willis Towers Watson (WTW) has announced plans to acquire Leaderim, an insurance broking and risk consultancy business in Israel. Leaderim maintains a team of 45 experts and offers a range of commercial insurance solutions to the Israeli market. The business was established over 20 years ago and has experience in multinational risk ... Read the full article
Willis Towers Watson names Aon’s Hugo Wegbrans as Global Head of Broking
15th November 2021
Global insurance and reinsurance broker, Willis Towers Watson (WTW), has hired Hugo Wegbrans from rival broker Aon as its new Global Head of Broking and Broking Strategy. Effective early next year, Wegbrans will join the company's Risk and Broking business operation. He joins from Aon, where he most recently served as Leader ... Read the full article
WTW enters APAC broking partnership with Indeez
12th November 2021
Willis Towers Watson (WTW) and European insurtech, Indeez, have entered a broking partnership to distribute insurance products for independent workers working with digital platforms in Asia Pacific (APAC) region. Through this partnership, Indeez will leverage the local market network and relationships of WTW in APAC to build tailored protection and benefits ... Read the full article
Willis Towers Watson names Michael Brown as Head of New Zealand
3rd November 2021
Global insurance and reinsurance brokerage, Willis Towers Watson (WTW), has announced that interim country leader for New Zealand, Michael Brown, has been appointed as head of the region on a permanent basis. Brown has served as interim country leader since May of this year, having been with WTW for more than ... Read the full article
WTW to acquire 100% of Indian business following regulatory shift
1st November 2021
Recent regulatory changes have prompted global re/insurance broker Willis Towers Watson to acquire the remaining 51% shares of its business in India. The group currently owns 49% of the company and will be purchasing its remaining shares from Anemone Holdings Private Ltd and WTW India's head, Rohit Jain. As one of the ... Read the full article
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