Willis Towers Watson
Willis Towers Watson reveals 50% profit drop
Global insurance broker and advisory firm Willis Towers Watson has published a 50% decline in net income for the financial year ending 31st December 2016.
Accelerate enters partnership with WK Insurance
Accelerate Underwriting has entered into a three-year deal with insurance brokers WK Insurance, part of the Willis Network.
Insured nat cat losses total $39.5bn in 2016 says Willis Re
Global insured natural catastrophe losses totalled $39.5bn (£31.3bn) in 2016, the highest market losses since 2012’s $60bn, according to Willis Re.
Singapore employee benefits broker links with Fosun for China push
Singapore-based employee benefits firm the CXA Group is linking up with Fosun-owned Shanghai Zhongheng Insurance Brokers.
Post Power List 2017: Nicolas Aubert
Great Britain CEO, Willis Towers Watson
Insurance United Against Dementia calls on industry to help raise £10m for research institute
Campaign aims to unite the sector against the biggest cause of death in UK
Half of insurers to make digitally-driven acquisition in next three years
Almost half of insurers expect to make an acquisition over the next three years in order to acquire digital technologies.
Motor premiums rose by 14% in 2016
Car insurance premiums rose by 14%, equivalent to £95 on average, in 2016.
Reinsurers face year of cost-cutting due to weaker renewals
Reinsurers face a demanding year of cost-cutting after the December contract renewal season delivered weaker prices for the fifth year in a row.
Willis Re's Turner on why PPOs are ceasing to be a threat
The legal environment for the settlement of serious injury claims in the UK changed radically with the introduction of Periodic Payment Orders.
Willis Re promotes Kent
Willis Re has promoted James Kent, co-president of Willis Re and president of Willis Re North America, to global deputy CEO with immediate effect.
Interview: Steve Hearn, Ed
Giving an established broker like Cooper Gay an edgy rebrand would be a risky choice for even the most self-assured CEO, but for new CEO Steve Hearn, a man whose hobbies include running marathons across Antarctica, such tasks are a walk in the park.
Incoming Axa CEO McCafferty welcomed by brokers
Brokers have reacted positively to Brendan McCafferty’s appointment to Axa CEO for intermediated and direct.
Spotlight on health insurance: Medical questionnaires and fraud
The health of a potential employee may have a major impact on their future productivity and, given the law of averages, at least one candidate being interviewed for any particular position is likely to have existing health issues.
Dominic Casserley to leave Willis Towers Watson
Willis Towers Watson president and deputy CEO Dominic Casserley will be leaving the group in December after three years.
Punch swaps Willis Re for JLT Re in Asia
Stephen Punch will be in charge of regional clients and retrocession in Asia-Pacific for JLT Re from early next year.
Marsh hires Wilis executive Ailsa King
Marsh has hired Ailsa King as chief client officer from Willis Towers Watson.
Motor premiums have risen by a fifth in the past year
Average UK comprehensive motor premiums have risen £100, or 17.3%, over the past year.
Cyber risks are transport industry's biggest concern
The increased security threat from cyber and data privacy breaches is the number one risk on the minds of executives in the transportation industry.
Willis to hire ‘untapped pool’ of people with autism
Willis Towers Watson has introduced in the UK a plan to proactively hire people with autistic spectrum disorders.
Europe set for five-year high in M&A activity
European mergers and acquisitions activity is on track to reach a five-year high by the end of the year.
Tech advancement in cars 'is pushing up claims costs'
The increasing likelihood of cars to have advanced safety features may be pushing up the cost of claims for motor insurers.
D&O innovation
With a spate of innovation in the directors’ & officers’ market, how is the cover staying relevant in a constantly changing world?
Claims Awards Asia-Pacific 2016: The winners
The winners of the Claims Awards Asia-Pacific 2016 were announced on 8 September in Singapore.