Willis Towers Watson
Aon open to the idea of accepting contingent commissions again
Aon today announced it is working with markets to explore the various forms of alternative remuneration available to it which may include supplemental and/or contingent commissions.
Willis ups contingent ante
Willis has stepped up its campaign against contingent commissions, issuing a white paper highlighting the conflicts of interest created by the payments.
Willis publishes contingent commissions paper
Insurance broker Willis has stepped up its campaign against contingent commissions issuing a white paper highlighting the conflicts of interest created by the payments.
Willis, Munich Re and Allianz seal European windstorm deal
Perils AG, the Zurich-based company providing industry-wide European catastrophe insurance data, today announced that in the first six months of 2010 the total placements of insurance risk transactions based on Perils industry loss index exceeded $250m.
Focus on Greece
The European insurance market is facing a tough economic climate but none more so than the Greek market with its government’s financial debt crisis. Edward Murray reports on how the industry is coping.
Reinsurance pricing resists pressure
Major losses from the Chile earthquake and storms in Australia in the first quarter of 2010 have had little impact on pricing in the global reinsurance market.
Willis Re promotes Byng
Willis Re has named James Byng Property Resource group leader for its International and Specialty reinsurance business.
Willis appoints group CFO
Willis has announced the appointment of Michael Neborak to the roles of executive vice president and group chief financial officer.
Willis Kazakh branch is go
Willis has received official approval from local authorities to open a representative office in Kazakhstan.
Willis opens new Eastern European base
Willis has received official approval from local authorities to open a representative office in Kazakhstan.
Willis opens new Eastern European base
Willis has received official approval from local authorities to open a representative office in Kazakhstan.
Willis launches distressed assets practice
Willis North America has unveiled a new distressed assets practice aimed at advising clients on the management of risks associated with financially distressed, foreclosed or abandoned properties.
Willis Re opens Toronto office
Reinsurance broker appoints Robert M. Wildbore as office head for the fourth Canadian office.
Commercial insurance prices remain level for fifth straight quarter
A fragile global economy, excess capacity in virtually every line of commercial insurance and last year's below-average catastrophic losses combined to keep commercial insurance prices flat during the first quarter of 2010, according to global…
Bloodstock: Beating the odds
The going is tough for bloodstock insurers, with overcapacity, pressure on rates and a tendency towards self insurance. Jane Bernstein reports on the financial pressures involved in the industry.
Willis commitment
The Willis commercial network has announced two of its largest members, Berkeley Insurance Group and Beaumonts Insurance Brokers, have committed to remain with WCN in long-term deals.
Brokers Berkeley and Beaumonts recommit to Willis commercial network
The Willis commercial network has announced two of its largest members, Berkeley Insurance Group and Beaumonts Insurance Brokers, have committed to remain with WCN in long-term deals.
Postscript - Five years ago: Marsh may sell broking operations
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from five years ago reveals.
Interview - Nicola Harvey: Embracing new horizons
Incoming Airmic chairman Nicola Harvey talks to Lynn Rouse about relishing career challenges, working with passionate people and her plans to deal proactively with emerging risks.
Willis chair: risk models can help alleviate poverty
The scientific models used by the insurance industry to assess the financial risks of extreme weather events could help governments and aid agencies develop new approaches for sustainable development and poverty alleviation, according to Rowan Douglas,…
Former Willis director appointed Guy Carpenter MD
Guy Carpenter & Company has appointed Patrick Ryan its Irish market representative.
LMG outlines next phase of electronic endorsement pilot
London Market Group has announced that its electronic endorsements pilot is moving into the next phase.
Willis: Oil rig losses to push up rates
The Deepwater Horizon and Aban Pearl drilling rig losses, which have left energy insurers with a $795m (£542m) bill, will cause rate increases and destabilise the market, Wills has claimed.
Marsh raids Willis for insolvency team
Marsh has launched a dedicated practice to provide risk and insurance advice to UK insolvency practitioners after appointing six employees from rival broker Willis.