Willis launches financial institutions DBS panel with six carriersWillis Towers Watson has confirmed the launch of its financial institutions (FI) carrier panel with support from Chubb, CNA, The Hartford, Sompo International, Travelers and Zurich.
WTW hires former Axa exec De Montgolfier as France headWillis Towers Watson has appointed Cyrille de Montgolfier as leader of its French business, Gras Savoye Willis Towers Watson.
Investment market rally means global reinsurance capital hit only 5%: Willis ReThe recent recovery in the investment markets – in particular for debt – means the year to date dent to the global reinsurance capital base is now only five percent compared to an estimated 20 percent decline merely three weeks ago, according to Willis Re.
WTW adds BofE’s Scott to lead climate and resilience hubWillis Towers Watson has hired the former leader of the Bank of England’s Green Finance Strategy 2019, Matt Scott, as a senior director in its climate and resilience hub.
Miller sale process delayed as owner WTW undertakes Covid-19 impact testThe proposed sale of Miller has been delayed with advisor Goldman Sachs notifying circa twenty potential first round bidders that WTW undertakes a Covid-19 impact study on the blue-chip London wholesaler.
So, why doesn’t Aon just keep Miller?Despite the global recession and the ice chill that has frozen the deal-financing markets, few would bet against Aon Group CEO Greg Case delivering on his bold, career-defining WTW swoop signed last month.
WTW hires Norton Rose lawyer to lead tax insurance groupWillis Towers Watson has appointed Sheldon Elefant as head of the tax insurance group within the M&A division of its Corporate Risk and Broking business.
Plaintiff in long-running WTW merger dispute now demands Aon deal informationThe plaintiff in ongoing litigation over the 2016 merger of Willis and Towers Watson has demanded information relating to Aon’s proposed acquisition of the world’s third largest broker, The Insurer can reveal.
Non-life ILS issuance recovering in Q1 after 2019 drop-offThe non-life ILS market is showing signs of recovering with issuance and deal numbers in the first quarter nearly matching the levels reached in all of 2019, according to Willis Re.
Rumball promoted to lead Willis Re NA specialtyWillis Re, the reinsurance arm of Willis Towers Watson, has appointed Charles Rumball as head of specialty for North America.
Willis Re adds GC’s Melanson to lead health practiceWillis Re has appointed Dan Melanson as senior vice president and health practice leader, as part of the Life, Accident and Health (LAH) senior management team.
Aon-WTW: The chosen twoThere is plenty to read into the appointment of Eric Andersen and Julie Gebauer to lead the mammoth task of integrating the largest ever insurance brokerage merger.
Aon-WTW appoint Andersen and Gebauer to drive integrationAon president Eric Andersen and WTW global head of human capital and benefits Julie Gebauer will co-lead the complicated integration of the two broking and consulting heavyweights that once completed will be the largest ever insurance intermediary M&A deal, The Insurer can reveal.
WTW hires Norway fac headWillis Towers Watson has appointed Jon Galston as the head of its facultative reinsurance business in Norway, with a longer-term view to establishing a fac hub for the entire Nordic region.
WTW launches aviation knowledge hub as Covid-19 risks intensifyBroker Willis Towers Watson (WTW) has unveiled a platform to share data, analysis and risk mitigation strategies to tackle the “uncertain landscape” born from the coronvirus.
Aon-Willis deal now worth only $20.6bn amid equity market turmoilThe aggregate value of Aon stock offered to Willis Towers Watson shareholders under the agreed takeover deal announced only nine days ago has plunged 31 percent from $29.9bn to $20.6bn.
AIG, Scor, Argo all members of the 50% club in Q1 equities bloodbathThe market caps of AIG, Argo and Scor had all fallen by more than 50 percent in the year-to-date before a rally today amidst the Covid-19 driven turmoil in global equities and fears of an impending deep recession.
WTW names Finbow global head of Finex financial institutionsSusan Finbow has been appointed global head of Finex financial institutions at Willis Towers Watson, replacing Allison Barrett, who joined AIG late last year.
Aon-Willis deal “gives less choices”: Hannover Re CEOHannover Re CEO Jean-Jacques Henchoz said the proposed giant combination of Aon and Willis will lead to less choices but also has the potential to grow demand for the (re)insurance product.
Aon-Willis winners and losersAs we approach the end of an extraordinary week which began with news of the $80bn Aon-WTW combination, we take a look at the likely winners and losers from the largest broker M&A in history.