Willis Towers Watson
US APH liabilities may come back to haunt European insurers
European insurers wanting an idea of the trends coming their way often look to their cousins across the water, knowing that the problems for US insurers today are likely to plague European carriers tomorrow.
Casserley appointed Willis CEO as Plumeri departs
McKinsey and Company partner Dominic Casserley, pictured, has been named as the next chief executive of Willis, following the news that CEO and chairman Joe Plumeri is due to step down after 12 years in the role.
Spotlight on Economy and Society: Insurance to the rescue
From the development of new technology to innovations in micro insurance, the insurance industry can play a major part in stimulating global economic growth.
Post magazine - 25 October 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Solvency II: The waiting game
With the possibility of further delays to the implementation of Solvency II seeming ever more likely, what will be the impact on insurers?
Willis sees Q3 net income halved
Willis' financial results for the third quarter show a drop in net income of more than half.
Willis Q3 results hit by disposal of Indian operation and JV settlement
Willis has revealed that its third-quarter net income was hit by an $11m charge related to a settlement with a former joint venture partner in India and the related $1m loss on disposal of the India operations.
French motor market to shift following annuity policy change
The re-evaluation of motor annuities by the French government will create long-term challenges for French motor insurers, according to Willis Re, the reinsurance arm of broker Willis Group.
Willis recruits fish farm underwriter for aquaculture practice
Hughes-Gibb, the specialist agri-business division of Willis, has appointed Dan Fairweather to head its aquaculture broking and risk management division.
BrokersLink launches supply chain tool
BrokersLink has launched Specialized Resources, a risk management service which it says will give members access to tools to help clients identify and quantify potential supply chain risks.
BrokersLink offers supply chain risk advice
International broker network BrokersLink has launched a supply chain risk management service for its members.
Italy - land of opportunities
Recent research shows that car insurance in Italy costs five times the European average, underinsurance is rife and the government is scaling back on its intervention. Liz Booth investigates whether there are any opportunities for foreign insurers.
Willis appoints Plumeri successor
Willis' board of directors has chosen Dominic Casserley, pictured, as the company's next chief executive.
Willis announces CEO succession plans
Insurance broker Willis has announced that Dominic Casserley, pictured, is to succeed group CEO Joe Plumeri from 7 January with Steve Hearn as deputy CEO.
JLT Re expands CEE expertise by adding two partners
JLT Reinsurance has demonstrated a continued focus on expanding capabilities in central and eastern Europe with the appointment of two new members to its non-marine team in the region.
Lloyd's Vision 2025: Building an empire
The Lloyd's market is in bullish mood as it plots global domination with the Vision 2025 plan.
Choosing an insurer: Avoiding the money trap
The rush to the bottom over price by customers can only hurt the industry, but brokers are well placed to stop the rot by offering their clients advice on the difference that choosing the right insurer can make.
Top five Asian news stories
The top five stories from www.insuranceinsight.com over the past ten days.
Simple economic capital models could avert financial crisis
The insurance industry needs more dynamic economic capital models if it is to avoid suffering some of the problems exposed during the financial crisis four years ago.
Indian FDI progresses, but hurdles remain
Insurers hailing the Indian cabinet's approval of a bill raising the foreign direct investment limit in insurers to 49% may be celebrating prematurely, as opposition parties could still block the bill's passage through parliament.
Towers Watson scores Willis hedge fund portfolio
Willis has selected pensions consultancy Towers Watson to manage a large portion of its hedge fund portfolio on a fiduciary basis, following a competitive tender.
Travelers appoints European COO
P&C insurer Travelers has appointed former Willis global specialty boss Matthew Wilson as its new chief operating officer.
Travelers appoints Willis' Wilson as COO Europe
Travelers has appointed Matthew Wilson as chief operating officer for Europe.
OFT probe "will open a can of worms", says law firm
A law firm has suggested that the Office of Fair Trading's decision to refer the private motor insurance market to the Competition Commission could leave the policyholder worse off.