Willis Towers Watson
Demand for M&A assets to outweigh supply, survey finds
Competition for attractive insurance industry merger and acquisition targets is set to intensify in the next three years as more than 80% of insurers plan to acquire while only one third plan to divest, a Willis Towers Watson survey has found.
D&O and Cyber: C-suite cyber risks take off
US legal influences continue to impact on the UK directors’ and officers’ market – and that now includes the growing cyber threat
Willis chief Rowan Douglas awarded CBE in New Year's Honours list
Willis boss and Artemis co-founder Rowan Douglas has been awarded a CBE for service to the economy through risk, insurance and sustainable growth in the New Year’s Honours list.
Acquisition of French broker Gras Savoye finalised
Willis Group has completed its acquisition of French insurance broker, Gras Savoye.
Reinsurance pricing floor remains elusive at 1 January renewals
Despite the signs of pricing stabilisation in peak property catastrophe zones at the June/July 2015 renewals, the forecasts for a “softening in the softening” in reinsurance pricing have proved illusory, according to Willis Re.
P&I clubs to face premium pressure in 2016
Protection and indemnity insurance will face premium pressure at 1 January 2016 renewals, according to analysis from Willis Group.
Supersonic Cars: The need for speed
Ask a meerkat or a moustachioed opera singer for a quote for a supersonic car and you would be met with bewilderment and a rapid search for the exit door. Yet it is not as unusual a question as you might think.
Shareholders approve Willis and Towers Watson merger
The merger of Willis and Towers Watson is set to go ahead after shareholders of both companies approved proposals at a special meeting in the US today (11 December).
No vote urged for Towers Watson shareholders
Towers Watson shareholders are again being urged to vote against the proposed merger with Willis Group by proxy adviser company Glass Lewis and Co.
C-Suite - Broker: Time to go big on analytics
Brokers need to respond quicker to client demand for recommendations based on big data.
Post docu-video: European Windstorm
Over this weekend European wind storms have again been headline news.
Falling PPOs could bring good news for motor insurers
Motor insurers could see a strengthening of their position in coming cycles with one of the key factors inflating re/insurance prices levelling off for the first time.
Ex-Willis Northern Ireland MD Workman moves to Belfast's 'other Willis'
The former managing director of global broker Willis’s Northern Ireland business David Workman has resurfaced at Belfast-based Willis Insurance & Risk Management.
Willis GB reports 16% income drop in nine months
Willis GB has reported a year-to-date operating income of $84m (£54.9m), down from $100m in the first nine months of 2014.
Argo Global hires marine leader in China
Lloyd's syndicate Argo Global has hired Willis China's former head of trade and logistics Yan Jun as its China marine underwriting manager.
Market Moves - 29 October 2015
All the latest movers and shakers in the insurance market.
O'Connor promoted to Willis GB financial lines CEO
Willis GB has appointed Mary O'Connor as CEO of its financial lines business.
Absence of specialist underwriters sees Lloyd's cyber risk appetite shrink
Absence of a specialist underwriter and failing to recognise cyber exposure in pricing and capital models have been cited as reasons for Lloyd's potentially limiting the amount of cyber insurance it writes, as UK government data estimates 2.5 million…
Career File: Nicolas Aubert: Aubert named Willis Group Holdings CEO
Willis Group Holdings has appointed Nicolas Aubert as CEO of its principal UK-regulated entity Willis Limited.
Profit drought returns for UK motor insurers, Towers Watson finds
The underwriting profits seen for motor insurers in 2013 evaporated over the course of 2014, according to Towers Watson's UK Motor Insurance Industry report.
Cycle of hurt to continue for motor insurers despite raised rates
The cyclical nature of the UK motor market is set to continue, despite the industry recently witnessing the biggest spike in premiums for the past five years, insurers have been warned.
Adaption and innovation key themes from Ferma 2015
Insurers and brokers must be more agile to keep up with the emerging risks facing their clients, such as the sharing economy, according to commentators at the Federation of European Risk Management Associations Forum 2015.
Aubert handed Willis Limited CEO role
Willis Group Holdings has appointed Nicolas Aubert as CEO of the firm’s principal UK regulated entity Willis Limited.
Motor premiums in biggest rise for five years
Motor insurance premiums in the UK have risen 8.1% over the past 12 months, signalling the end of three years of declining rates, according to the latest Car Insurance Price Index from Confused and Towers Watson.