Willis Towers Watson

Too big to fail?

Yesterday morning brought home a series of ugly flashbacks from the financial crisis of 2008-09.

Moody’s hands WTW positive outlook on Aon merger

Moody’s has upgraded the rating outlook of Willis Towers Watson to positive from stable following the company’s announcement that it has agreed to combine with insurance broker Aon in an all-stock transaction that values WTW at about $30bn.

Aon-WTW Day 1 reflections: A Case of timing

Willis Towers Watson shares closed down 7.5 percent and Aon shares plunged 16.7 percent as the biggest broker M&A deal in history was swept up in the worst market rout since 2008.

US commercial rates up over 6% in Q4: WTW’s CLIPS

US commercial insurance price increases accelerated further in 2019’s fourth quarter, to over 6 percent, according to Willis Towers Watson’s most recent Commercial Lines Insurance Pricing Survey (CLIPS).

Aon-Willis about being better not bigger to address unmet demand: Case

Aon shares fall almost 16% on WTW deal

Shares in Aon plunged almost 16 percent in mid-day trading on Monday following news the broking giant had agreed a merger with rival Willis Towers Watson (WTW) in a $30bn all-share deal that will combine the world’s second and third-largest insurance brokers.

US insurance stocks plunge following trading pause

US insurance share prices followed Europe in plummeting in early trading today, with Aon the biggest faller following its announced acquisition of Willis Towers Watson and AIG also falling almost 12 percent.

Aon aims to keep $672mn+ Willis Re and build lead over GC

Aon CEO Greg Case has said he is confident regulatory approvals will be secured across the combined portfolio with Willis, indicating the creation of a reinsurance broking powerhouse that would be larger than Guy Carpenter-JLT Re by some margin.

Analysts bullish on Aon-WTW shareholder value

Shares in Aon plunged almost 11 percent shortly after market open on Monday following news the broking giant had agreed a merger with rival Willis Towers Watson in a $30bn all-share deal that will combine the world’s second and third-largest insurance brokers.

Aon set to acquire Willis Towers Watson

Broking giant Aon is set to buy Willis Towers Watson in an all stock transaction, creating a combined equity value of $80bn.

Aon-Willis would be “absolutely fantastic” for us but not for clients: McGill

A takeover of Willis by Aon would likely present a huge opportunity for McGill and Partners to secure broking talent, but would further restrict choice for clients, the boutique start-up’s chief executive has said.

Spotlight back on Aon-WTW as standstill ends

Speculation has been feverish over a resumption of negotiations after last year’s brief flirtation. But what has changed in the 12 months that could move a potential deal forward?

Willis exploring potential Miller sale

Willis Towers Watson has confirmed it is looking at options for London wholesale broker Miller Insurance Services, which it acquired in 2015.

Guy Carpenter remains an upbeat outlier on 1.1 rates as Swiss Re adds to caution

Guy Carpenter remains an outlier on its 1.1 renewals stance as Swiss Re became the latest firm to strike a more cautious note when it published its FY 2019 results today.

Concirrus secures $20mn in series B funding round

Marine and motor insurtech Concirrus has closed a $20mn Series B funding round, led by high growth software investor AlbionVC.

WTW shares fall by 5%

Shares in broker Willis Towers Watson (WTW) fell by 5 percent today following the release of its Q4 earnings, despite impressive organic growth across its corporate broking and reinsurance segments.

WTW to announce new CEO in second half of year

Willis Towers Watson (WTW) will announce its new CEO in the second half of the year, and has engaged a third party to assist in the process, its current CEO John Haley said today.

WTW’s reinsurance arm sees 12% organic growth in Q4

Willis Towers Watson (WTW) has continued the trend seen in the Q4 results of its competitors with a strong fourth quarter performance in reinsurance, as its Investment, Risk & Reinsurance division – which houses Willis Re – recorded organic growth of 12 percent for the period, with the broker’s EPS of $4.90 for the period also beating analysts’ consensus of $4.8

Renewable energy market at tipping point: WTW

Faced with deteriorating loss ratios and increasing costs, the renewable energy insurance market seems to have come to a tipping point as truly hard market conditions have emerged during the course of the last year, according to Willis Towers Watson (WTW).

Insurtech – rather a mythical creature than an extinct one

Two extremes for insurtechs have emerged in recent times: a small herd of unicorns riding high on soaring valuations and a much larger number of start-ups ceasing business.