Reinsurance News
Willis Towers Watson news
Willis Towers Watson news related to the global insurance and reinsurance broker and consultancy.
Brian Ingle named head of analytics at Willis Re North America
30th June 2017
Reinsurance broker Willis Re, part of the Willis Towers Watson group, has appointed Brian Ingle to be the new head of Analytics for the Willis Re North America division. The appointment comes as a result of the appointment of previous analytics head Alice Underwood to become global head of Willis Towers ... Read the full article
Willis Towers Watson appoints Gavin Hill to Risk Consulting & Software Senior Consultant
21st June 2017
Willis Towers Watson has announced the appointment of Gavin Hill as Senior Consultant of its Risk Consulting & Software business. Hill joins Willis from a role as Senior Technical Specialist at the Prudential Regulatory Authority (PRA) for the Bank of England where he played a leading role in the PRA’s supervisory team, developing extensive ... Read the full article
Willis Towers Watson bolsters Corporate Risk & Broking team in North America
20th June 2017
International insurance and reinsurance brokerage Willis Towers Watson has bolstered its Corporate Risk and Broking (CRB) division in North America, with a number of new appointments. Alex Littlejohn has been named CRB West region leader, and will also serve as the CRB market leader in San Francisco. She joined the firm ... Read the full article
Reinsurers advised caution on casualty catastrophe treaties: Willis Towers Watson
16th June 2017
Willis Towers Watson reinsurance risk management specialist, Pete Thomas, has cautioned reinsurers to review casualty catastrophe treaties in light of administration changes. He said experience has proven that when big changes are evident in society, they have a significant knock-on effect on how effective and comprehensive coverage against political and social risk, ... Read the full article
Lack of employee knowledge threatens firms’ cyber security: Willis Towers Watson
16th June 2017
The so-called human element of the cyber equation, employees' understanding of cyber risk, was ranked by 79% of U.S. employees as the biggest barrier to firms' cyber risk management in a recent Willis Towers Watson survey. The survey revealed a massive disparity between firms' beliefs about their level of protection, and ... Read the full article
U.S. Commercial lines mostly flat but auto prices spike: Willis Towers Watson
14th June 2017
Willis Towers Watson’s most recent U.S. Commercial Lines Insurance Pricing Survey (CLIPS) shows commercial lines have remained mostly flat or shown very modest change, but auto lines remain the stand out business segment with significant price hikes. After comparing 2017 first quarter prices with those from the same period last year, the CLIPS ... Read the full article
Willis Towers Watson restructures Corporate Risk and Broking leadership
14th June 2017
Insurance and reinsurance broking group Willis Towers Watson has restructured the leadership of its Corporate Risk and Broking business, in an effort to better align itself with client needs and to better manage their risks. The team is led by Philip Smaje, Global Head of Broking, and consists of broking leaders ... Read the full article
Willis consultants negotiate closure of FNWL & RGA reinsurance deal
8th June 2017
Willis Re and Willis Towers Watson consultants acted as brokers and actuarial advisors in the recently completed Zurich Insurance Group subsidiary, Farmers New World Life (FNWL), and Reinsurance Group of America (RGA) agreement to reinsure roughly $2.3 billion reserves from its closed U.S. annuity book. To ensure a full bidding process, FNWL said it ... Read the full article
Willis Towers Watson appoints Alice Underwood to global head of Risk Consulting & Software
8th June 2017
Willis Towers Watson has announced the appointment of Alice Underwood to global head of its Risk Consulting and Software (RCS) business. Underwood joins the RCS team from Willis Re, where she led the North America analytics team and was a member of the global leadership team. Commenting on Underwood's appointment, Carl Hess, ... Read the full article
Willis Towers Watson and Roost to set up Home Telematics Consortium
2nd June 2017
Insurance and reinsurance broker Willis Towers Watson has entered into an agreement with Roost - innovator in smart home technology - to establish a Home Telematics Consortium with 5-10 U.S. insurance carriers to help connect property insurers to the Internet of Things. The aim of the consortium is to combine household ... Read the full article
Willis Towers Watson reinsurance growth potential seen above peers: Analysts
30th May 2017
Of the top-tier insurance and reinsurance broking groups it is Willis Towers Watson that is seen as having the highest growth potential in the reinsurance sector, but execution of the strategy will be key, according to analysts at Credit Suisse. Equity analysts Ryan Tunis and Crystal Lu at Credit Suisse see ... Read the full article
Willis strengthens London Political Risk & Trade Credit team
4th May 2017
Global insurance and reinsurance brokerage, Willis Towers Watson (WTW), has announced two key appointments within its London Political Risk and Trade Credit division, as it looks to expand its Financial Solutions department. Both Claire Simpson and Victoria Padfield join Willis from insurer and reinsurer Hiscox, where they held underwriting positions. Simpson joined ... Read the full article
InsurTech start-ups partnering with small insurers could take the lead in digital innovation: Willis
3rd May 2017
Small insurance businesses could be the front-runners of the digital transformation revolution, with 25% of their total premium digitally underwritten by 2020, Willis Towers Watson and CB Insights said in a dual Q1 report on InsurTech industry trends. In the innovation game, small insurers could have an edge over their larger ... Read the full article
Willis Towers Watson names Bernstein to Head up GB Broking
27th April 2017
Consultancy, advisory, insurance and reinsurance broker Willis Towers Watson has named Clyde Bernstein as the new Head of Broking – GB for its Corporate Risk and Broking division. In the new role, Bernstein will report jointly to Philip Smaje, Global Head of Broking and Alastair Swift, Head of Corporate Risk & ... Read the full article
Willis names Joe Peiser Head of Broking, North America
21st April 2017
Global insurance and reinsurance broker Willis Towers Watson (WTW) has appointed Joe Peiser as Head of Broking for North America, part of the firm's Corporate Risk and Broking segment. Peiser, based in WTW's New York office, joined the broker in 2014 and has been in the insurance industry since the 1980s. ... 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.
