Willis Towers Watson

Willis Towers Watson targets Central Asian growth with Kazakhstan office

Broker Willis Towers Watson has boosted its presence in Kazakhstan by opening a new operation to serve clients in the country.

Willis’ broking unit grows 5 percent in Q3 despite London challenges

Willis Towers Watson reported 5 percent organic growth in the third quarter of 2018 in its corporate risk and broking segment, but London market pressures and dwindling UK revenues weighed on the top line.

US MGA start-up Vindati hires Allianz exec

Start-up US MGA Vindati has hired former Allianz executive John Barnwell to lead its new ocean marine line of underwriting.

$100bn ILS appetite will continue despite rising yields

Traditional reinsurers who have faced fierce pricing competition from the pension funds and other investors in the ILS sector are naive if they think the sector will diminish with rising interest rates.

Cat 4 Hurricane Michael losses won't move the market

Insured losses from Hurricane Michael will have short-term impact but are not expected to be market moving, analysts have said.

Willis marine veteran Tucker steps down

Willis’ long-standing hull and machinery broker Mervyn Tucker is to leave the broking house, Re-Insurance can reveal.

Life reinsurance: traditional vs. structured

An important strand of life reinsurance is gaining popularity in Europe, in response to the demands of Solvency II, says Franck Pinette, who is managing director for Willis Re’s life and health division in Emea

No slow down of M&A expected: Willis Re’s Kent

The pace of M&A in the industry is not expected to slow down any time soon, James Kent the global CEO of Willis Re has predicted.

Aon heads 2017 reinsurance broker league table

Aon’s reinsurance arm remains the largest reinsurance intermediary by some distance in a survey conducted by re-Insurance that uses a combination of publicly available information and market intelligence.

Reserve releases continue to bolster carrier’s profitability: Willis Re

Reinsurers continue to rely on reserve releases to support profitability, according to Willis Re.

Guy Carp takes Willis Re’s Sinniah as specialties strategy boss

Guy Carpenter has hired Shaun Sinniah as head of strategy and client engagement within the reinsurance broker’s international and global specialties division.

Willis Re reinforces Bermuda platform with major rival hire

Willis Re’s growing influence in Bermuda will be bolstered by the imminent arrival of TigerRisk’s well-regarded executive, Andrew DiLoreto, once his notice period is complete.

Willis Re takes Tiger’s DiLoreto

Willis Re in Bermuda has hired former TigerRisk broker Andrew DiLoreto, re-Insurance.com can reveal.

Willis pursues Alliant for trying to ‘decimate’ its construction team

Willis Towers Watson is suing Alliant for trying to “steal millions of dollars of revenues” after the West Coast broker poached a 12-strong construction team from its larger rival.

Organic growth in Willis’ broking units narrows in Q2

Willis Towers Watson reported 2 percent organic growth in its corporate risk and broking segment in the second quarter as dwindling revenues in the UK weighed on the top line.

Willis sues former construction boss over Alliant team raid

Willis Towers Watson has sued the former boss of its North American construction division after he defected to rival Alliant with at least nine of his colleagues and a significant amount of commercially sensitive information.

Guy Carp hires Willis Re’s structured risk specialist Carroll

Structured reinsurance risk specialist Ronnie Carroll has resigned from Willis Re and will join rival Guy Carpenter once his notice period is complete, re-Insurance.com can reveal.

Haley to stay at Willis until 2021

Willis Towers Watson has extended the contract of its chief exec John Haley who will now stay on until 1 January 2021.

Rate increases ‘dissipate’ at June and July renewals: Willis Re

The momentum for rate increases on loss-free reinsurance accounts dissipated during the June and July property catastrophe renewals, according to analysis by Willis Re.

Haley ready for more deals now the Willis-Towers Watson merger is done

Willis Towers Watson is now in a position to do more deals, the firm’s boss has told the Financial Times almost three years to the day since the $18bn merger of Willis and Towers Watson was announced.

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