Willis Towers Watson

ILS issuance declines by 58% in Q2

The insurance-linked securities (ILS) market saw a 58 percent fall in issuance in the second quarter of 2019 compared to Q2 2018, according to Willis Re Securities.

Q2 reveals extent MMC lagging peers in organic growth

Results and CEO commentary in the second quarter showed brokerages are enjoying a boom time for organic growth, but Marsh & McLennan Companies (MMC) is lagging behind amid uncertainty about how long JLT will prove a drag.

McGill continues aviation build out with another WTW hire

Ambitious broking start-up McGill & Partners has hired another former Willis Towers Watson (WTW) aviation specialist as the talent merry-go-round in the sector continues, The Insurer can reveal.

WTW takes Lockton aviation director Vine amid sector turbulence

In the latest shakeup to the aviation sector, Nick Vine has resigned from his role as director of Lockton’s international aviation practice to join Willis Towers Watson, The Insurer can reveal.

WTW sees 6% organic revenue growth in Q2

Willis Towers Watson (WTW) recorded 6 percent organic growth in the second quarter of 2019, partially spurred on by new business growth on the reinsurance side.

Willis appoints Foster global cyber leader

Peter Foster has been appointed chairman of global FINEX cyber and cyber risk solutions at Willis Towers Watson, replacing Anthony Dagostino who joined Lockton earlier this month.

McGill & Partners hires former Willis aviation duo

Ambitious broking start-up McGill & Partners has hired former Willis duo Giles Wilkinson and Jeremy Kinsey as it builds out its aviation team.

Q2 insurtech deal value tops $1.4bn, volume falls

The second quarter was the fourth in a row with new insurtech funding over $1.2bn and also saw a record number of strategic investments by (re)insurers, according to Willis Towers Watson.

Lockton appoints Willis’s Dagostino as cyber practice leader

Anthony Dagostino has joined Lockton as executive vice president and global cyber and technology practice leader.

Willis hires Marsh trio for Canada FI unit

Willis Towers Watson has added three senior executives from Marsh to its financial institutions (FI) team in Canada.

WTW names Dunlap North American construction head

Willis Towers Watson (WTW) has promoted Jim Dunlap to head of construction broking in North America, after more than seven years with the broking house.

Reinsurance rates up at mid-year but primary classes still climbing quicker: Willis Re

The memory of 2017-2018 losses and the retrenchment of some ILS and traditional capacity combined to create “tangible pricing momentum” at the 1.6 and 1.7 renewals.

Willis appoints Finex director from Integro

John Orr has joined Willis Towers Watson as a director within its Finex division, which focuses on financial, executive and professional risks.

Ex-JLT aerospace exec Klevens returns to Willis Towers Watson

Former JLT Specialty USA aerospace president Jason Klevens is set to join Willis Towers Watson after this publication revealed the executive declined a move to rival AJ Gallagher.

Willis launches middle market general industry panel

Willis Towers Watson North America has confirmed the launch of a new general industry (GI) panel as part of its Differentiated Broking Solutions (DBS) strategy for middle market clients in a move first revealed by The Insurer earlier this year.

Brokers downplay insurtech impact over next five years

Insurtech experts at Aon and Willis Towers Watson report that new insurance technologies have led to improvements but have not shifted overall delivery costs, with the next five years only likely to bring more incremental change.

Pioneer hires Willis Re’s Souter for head of capital role

Pioneer has appointed Andrew Souter as head of capital.

Material increases in auto and property, excess/umbrella and D&O: CLIPS

Willis Towers Watson’s (WTW) latest Commercial Lines Insurance Pricing Survey (CLIPS) shows another quarter of moderate hardening with the aggregate commercial price change reported by carriers at just over 2 percent in Q1.