Reinsurance News

WTW

WTW is a leading broker, consultancy and advisory for the insurance and reinsurance sector. One of the largest insurance brokers in the world and with a new reinsurance broking venture underway, WTW is a key player in the market.

Willis and UEA partner to enhance wildfire risk understanding for insurers

17th July 2025

Willis, a WTW business, has announced a new collaboration with the University of East Anglia (UEA) to deepen understanding of global wildfire risk in response to escalating global threats. This partnership aims to provide reliable scientific insights that enable insurers and reinsurers to stay abreast of a rapidly evolving risk landscape, ... Read the full article

WTW appoints Adrian Cousins as Head of London Market Claims

14th July 2025

Willis, a WTW business, has announced the appointment of Adrian Cousins as Head of London Market Claims. In his new role, Cousins will report to Neil Harrison, Global Head of Claims. He will oversee and implement key elements of Willis’ global claims strategy, including strategic engagement with London market insurers, reinsurers, ... Read the full article

WTW grows Bermuda team with Thibault addition as Director, ICT

11th July 2025

WTW, a global advisory, broking and solutions company, is expanding its Bermuda office with the appointment of Cédric Thibault as Director to its Insurance Consulting and Technology (ICT) business. Thibault joins WTW with two decades of experience in both life and annuities, insurance and reinsurance, including strong expertise in the Bermuda ... Read the full article

Finkelstein appointed Senior Director of WTW’s ICT business

10th July 2025

Global advisory, broking and solutions company WTW, has announced the appointment of Gary Finkelstein as Senior Director to its Insurance Consulting and Technology (ICT) business, a London-based role. In his new role, Finkelstein will leverage his 30 years of experience in UK and international life insurance and reinsurance, to help WTW ... Read the full article

Willis and Markel tackle geopolitical risk for cargo owners with new $200m facility

8th July 2025

Willis, a WTW business, and specialist insurer Markel have launched ‘Undercover’, a new $200 million facility that aims to provide coverage for a range of geopolitical exposures faced by cargo owners globally. Developed by Willis, this joint proposition has a unique offering designed for the risk transfer of cargo, war on ... Read the full article

European and Asia Pacific dealmakers lead global M&A gains amidst ongoing US decline: WTW

7th July 2025

Europe and Asia Pacific have emerged as the leading regions for mergers and acquisitions (M&A) in the first half of 2025, according to new research from WTW, an advisory, broking, and solutions company. WTW’s Quarterly Deal Performance Monitor (QDPM), produced in partnership with the M&A Research Centre at Bayes Business School, ... Read the full article

WTW enhances Radar with integration of Verisk’s ISO ERC

30th June 2025

WTW, an advisory, broking, and solutions firm, has launched a new feature in its analytics deployment solution, Radar, enabling users to accurately adjust to market price movements in real time by incorporating Verisk’s ISO Electronic Rating Content (ISO ERC). In today’s competitive environment, insurers need fast, reliable access to the latest ... Read the full article

PIC secures £900m in buy-in transactions for Three Baker Hughes pension schemes

26th June 2025

Pension Insurance Corporation plc (“PIC”), a provider of insurance solutions for defined benefit pension schemes, has arranged buy-in transactions with three pension plans associated with Baker Hughes (“the Company”): the Baker Hughes (UK) Pension Plan, the Brush Group Pension Scheme, and the Pipeline Integrity International (PII) Group Pension Scheme. Completed at ... Read the full article

Willis report highlights rising political polarisation as a growing concern for business

25th June 2025

Political polarisation is increasing across the globe and bringing with it a wave of uncertainty that threatens both governments and businesses, according to the latest Political Risk Index published by Willis, an advisory, broking, and risk solutions firm. Drawing from an extensive review of political conditions in over 200 countries, the ... Read the full article

WTW appoints Ryan Pischke as Growth Leader for Michigan and Ohio, CRB

19th June 2025

WTW, an advisory, broking, and solutions firm, has appointed Ryan Pischke as Growth Leader for Michigan and Ohio within its Corporate Risk & Broking (CRB) segment in North America. In this role, Pischke will focus on expanding WTW’s presence in the Michigan and Ohio markets by developing client relationships, acquiring talent, ... Read the full article

WTW names Farah Ismail as Senior Director, Head of Commercial Lines, ICT

17th June 2025

WTW, an advisory, broking, and solutions firm, has appointed Farah Ismail as Senior Director, Head of Commercial Lines within its Insurance Consulting and Technology (ICT) business in North America. Based in New York, Ismail will report to Laura Doddington, Head of Personal & Commercial Lines Consulting & Technology. In this role, Ismail ... Read the full article

WTW adds Scott Van Slyck and Kate Gingras to Insurance Consulting and Technology team

12th June 2025

Insurance and reinsurance broking group WTW has appointed Scott Van Slyck as Senior Director of Technology Sales and Kate Gingras as Director of Strategy Execution within its Insurance Consulting and Technology (ICT) business. The pair will report to Giovanni Smyth, Americas Regional Leader for the ICT business. However, Slyck has an ... Read the full article

US commercial insurance rates up 5.3% in Q1’25: WTW

11th June 2025

The latest findings of WTW’s Commercial Lines Insurance Pricing Survey (CLIPS), reveals that US commercial insurance rates have continued a downward trajectory compared with the prior two quarters, despite an increase of 5.3% in the first quarter of 2025. CLIPS compares premiums for policies underwritten during the first quarter of 2025 ... Read the full article

Cyber risk and environmental issues lead reputational concerns in 2024/25: WTW

27th May 2025

Willis, a WTW business, has released its Reputational Risk Readiness Survey 2024/25, highlighting a sharp rise in concerns around cyber threats and environmental challenges among global senior executives. Of the 500 respondents, 65% identified cyber risk—especially cyber-attacks—as the most significant threat to their organisation's reputation, an increase from 52% in 2023. Environmental ... Read the full article

Grant Williamson to lead Willis CRB in Canada

20th May 2025

Willis, a WTW business, has announced the appointment of Grant Williamson as Canada leader within the Corporate Risk and Broking (CRB) business. Based in Toronto, Williamson will leverage his two decades of industry experience to drive the Canadian growth strategy through targeted go-to-market initiatives and strengthened local execution. To achieve this he ... Read the full article