WTW

Analytics are helping risk managers quantify return on investment: WTW’s Merkovsky

Corporations are increasingly using modelling and analytics tools to optimise the return on investment of their risk management spending, WTW’s global head of risk and analytics John Merkovsky has said.

WTW: Firms with consistent approach to emerging risks outperform peers

AI and cyber risks dominate the rankings for emerging risks of today, a new survey by WTW has found, although it warned that firms lack a consistent approach to identifying and prioritising interconnected risks over the next 10 years.

LSM takes lead on WTW-placed Air Algérie all-risks cover

Liberty Specialty Markets has replaced Axa XL as the lead underwriter on the airline all-risks cover for Algerian flag carrier Air Algérie, The Insurer can reveal.

WTW adds 24 to PE&TS industry vertical including hires from brokers and carriers

WTW has bolstered its private equity and transaction solutions industry vertical with 24 hires and internal promotions, including new heads of cyber, property and casualty for the unit, The Insurer can reveal.

WTW shares trade up 4% on earnings beat as CRB delivers 10% organic growth again

Investors have reacted positively to WTW’s third quarter earnings beat after the firm reported a consecutive quarter of 10 percent organic growth in corporate risk and broking and expanded margins, with management suggesting there is potential to exceed 2024 targets.

WTW reports 10% organic growth as earnings beat consensus in Q3

WTW has continued the run of broker earnings beats for the third quarter, with the group’s risk and broking segment delivering organic growth of 10 percent for the period.

Six climate demonstrators arrested in WTW protest

Six members of Extinction Rebellion were arrested in the City of London on Tuesday after targeting the offices of WTW.

WTW launches insurance brokerage service in Japan

WTW has expanded its corporate risk and broking (CRB) business in Japan through the launch of an insurance brokerage service.

WTW secures Saudi licence with Chubb’s Bahafi named head of insurance broking

WTW has expanded its presence in the Middle East after receiving a licence to act as an insurance broker in Saudi Arabia, with the new offering led by Talal Omar Bahafi.

Airline all-risks rate softening accelerates as insurers fight to retain business: WTW’s Rooley

Competition among insurers to maintain market share has led to an acceleration of rate softening during fourth quarter airline all-risks renewals, most acutely in the form of increased market verticalisation, according to WTW’s John Rooley.

WTW launches StABLE London excess facility for fleet risk

WTW has announced a new Structured Auto Buffer London Excess (StABLE) facility, which provides a risk financing solution through ‘Swing Plan’ structures.

Brazil’s deadly floods: the compound impact of El Niño and climate change

Catastrophic flooding in Brazil in April and May was a stark reminder of the compound effect of El Niño and climate change. The unprecedented rainfall – now twice as likely due to global warming – led to devastating flooding across the state of Rio Grande do Sul.

UK motor premiums fall for third consecutive quarter amid margin recovery: WTW

UK motor insurance premiums have continued to decrease for a third consecutive quarter, with the cost of an average comprehensive motor policy falling 2 percent between July and September.

WTW names Staeheli deputy leader for Metro DC market within CRB NA

WTW has appointed Robert Staeheli as deputy leader for the Metro DC market within corporate risk and broking North America.

WTW: Canadian cat-exposed property facing rate rises of 10-20% in 2025

Ample capacity means that catastrophe-exposed Canadian commercial property risks are facing rate rises of just 10 to 20 percent next year even as the nation’s insurers digest the impact of their worst year on record for natural disaster losses, according to WTW.

Alternative risk transfer rates flat in North America: WTW

Rates for parametric and other lines of alternative risk transfer in North America are expected to be flat as demand remains high, according to WTW.

WTW: Nuclear verdict concerns will drive continued high liability rate environment in 2025

The US liability market’s current high rate environment is expected to continue in 2025 as carriers respond to rising frequency and severity of nuclear verdict trends with price increases for high hazard umbrella and excess business well into the double digits according to WTW.

WTW partners with CU Boulder on predicting ENSO-linked weather events

WTW has penned a new scientific partnership with the University of Colorado Boulder to foster the sharing of scientific and academic advances in seasonal climate prediction with the insurance and risk management industries.

WTW’s Chicago property head Volker rejoins Marsh as part of central zone property team

WTW’s Midwest property leader Ryan Volker resigned last week to rejoin Marsh as part of its central zone property team, after over a dozen years with WTW, and after previously spending 16 years at Marsh, The Insurer can reveal.

Large M&A deals rebound as European buyers outperform regional index: WTW

Large corporate M&A activity rebounded in the third quarter of 2024, with a “healthy stream” of 46 deals valued at more than $1bn marking a year-on-year increase of 31 percent, according to WTW’s latest quarterly deal performance monitor.

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