Menu

Reinsurance News

Willis Towers Watson news

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

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

Willis Towers Watson reports organic revenue growth of 7% in Q3

28th October 2021

Global insurance and reinsurance broker, Willis Towers Watson (WTW), has announced a 4%, or 7% on an organic basis rise in revenue to $1.97 billion for the third quarter of 2021, as net income improved year-on-year by a huge 646% to $903 million. For the first nine months of the year, ... Read the full article

WTW names Chuck Shay as Risk & Broking Leader for West Region

27th October 2021

Re/insurance broker Willis Towers Watson (WTW) has announced that Chuck Shay has been appointed as Head of Risk & Broking for the Western region of North America. Shay is an industry veteran with over 25 years experience who previously led the WTW FINEX practice in both the Midwest and West regions. Prior ... Read the full article

Insurtech set for record-breaking 2021 as investment tops $10.5bn, reports WTW

27th October 2021

2021 has now overseen a record-breaking $10.5 billion in insurtech investment raised during the first three quarters, according to a Willis Towers Watson (WTW) report. In fact, a further $12 million will ensure 2021 equals the amount of capital invested during the entirety of 2018 and 2019 combined. WTW’s report states that ... Read the full article

WTW appoints Fox Carney as climate transition advisor

25th October 2021

Re/insurance broker Willis Towers Watson has appointed Diana Fox Carney to the climate, resilience and ESG solutions teams within its Climate Resilience Hub, which serves corporates and public sector institutions in North America and worldwide. As a development economist, Fox Carney developed early insights on global sustainability risks and the challenges ... Read the full article

WTW bolsters Southeast and Mid-Atlantic FINEX teams

21st October 2021

Re/insurance broker Willis Towers Watson (WTW) has announced several senior appointments within its Financial, Executive and Professional Risks (FINEX) teams for the Southeast and Mid-Atlantic regions. Samuel Stern has been appointed as Director, Southeast FINEX Commercial Team Leader, reporting into Chris LoRe, Senior Director, Commercial East leader. Stern will be responsible for ... Read the full article

SCOR backs WTW’s Climate Transition Pathway solution

18th October 2021

SCOR has signed up to align capacity to support the Climate Transition Pathway (CTP) solution, developed by Willis Towers Watson. CTP is an accreditation framework that provides insurance companies and financial institutions with a consistent approach to identifying businesses with robust low carbon transition plans aligned to the Paris Agreement. SCOR is the ... Read the full article

WTW names Alex Shepherd Head of Global Facultative

14th October 2021

Re/insurance broker Willis Towers Watson (WTW) has appointed Alex Shepherd as Head of Global Facultative. Shepherd joins from ERS Syndicate 1856, where he served as an Active Underwriter driving performance and growth across all classes. In addition to his time at ERS, he has held various roles at RenaissanceRe, Canopius, ACE Global ... Read the full article

UK car insurance premiums lowest in 7 years, says WTW report

14th October 2021

Comprehensive car insurance premiums have fallen by 16% (equating to £97) since the third quarter of 2020, with UK motorists now paying £514 on average, according to a Willis Towers Watson-supported price index from Confused.com. Although the rate of decline slowed between July and September compared to the first half of ... Read the full article

WTW adds Caldwell as Head of Risk & Broking for Carolinas

12th October 2021

Re/insurance broker Willis Towers Watson (WTW) has announced the appointment of John Caldwell as Risk and Broking Leader for the Carolinas. Caldwell is replacing Eric Hein, who announced his retirement earlier in the year, and will be responsible for the growth strategy for the Carolinas region. Previously, Caldwell served as Resident Sales ... Read the full article

Commercial rates increase through Q2 but pace slows: WTW

16th September 2021

A new survey from Willis Towers Watson (WTW) shows that US commercial insurance prices grew again through the second quarter of 2021, although at a slower pace than in previous quarters. The broker’s Q2 Commercial Lines Insurance Pricing Survey (CLIPS) found that the aggregate commercial price change reported by carriers was ... 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.

  • Only email is mandatory, but the more you tell us about yourself the better we can serve you in future!
  • This field is for validation purposes and should be left unchanged.