Willis Towers Watson
Nat-cat losses cause mining capacity withdrawal
The capacity available to mining property damage & business interruption insurance programmes has reduced by 30% in the last year, according to a report by broker Willis Group.
The supply chain disappointment
Recent natural catastrophes have highlighted the need to insure supply chain risks, however, risk managers have said they want better products. Jane Bernstein finds out what more the insurance industry can do.
My best 11 - Simon Burley, Delta Claims Services and CILA
Simon Burley, president of the Chartered Institute of Loss Adjusters and director at Delta Claims Services, selects his best XI for an insurance start-up.
Directors' and officers': Under the spotlight
With boardrooms coming under increasing scrutiny, the potential for expansion in the D&O market is being recognised by savvy insurers, especially in the SME space.
CII Blog: Past, Present and Future
Now is a good idea time to reflect on the past year and 2011 was certainly a rollercoaster for those in insurance.
Willis appoints MD for global solutions unit
Willis has recruited Bruce Trigg as managing director of its global solutions team, effective 1 April.
Willis targets multinationals with new MD of Global Solutions
Global broker Willis has appointed Bruce Trigg as managing director of Global Solutions, with effect from 1st April 2012.
Market moves: The busy world of broking
As January draws to a close, the past week has been a busy time in the world of insurance broking. Aon Benfield, Willis and Marsh all welcomed new chief executives, while Towergate, UIB and Prime Professions also made moves for new staff. However, it was…
Reinsurance - January renewals: Toughen up
Despite the catastrophes of 2011, the predicted — and much needed — January renewal rate hardening has failed to materialise.
Willis Re names Cavanagh as CEO
Willis has promoted John Cavanagh, pictured, to CEO of its reinsurance broking arm Willis Re, succeeding Steve Hearn who was appointed chairman and CEO of Willis Global in December.
My best 11- Phil Bayles, Aviva
Aviva’s Phil Bayles selects his best XI for an insurance start-up. The director of brokers and key partners opts for a team made up almost entirely of broking stars, aided by Southampton legend Matt Le Tissier as a supporting forward.
Editor's comment: Tempting fate on features
Commissioning editorial copy can be a bit like tempting fate. This week’s broker-focused feature on mergers and acquisitions reflected back over 2011 as its starting point, when first conceived a couple of months ago, with a writer assigned to analyse…
News analysis: Groupama UK up for sale — but who will buy the group?
Will Groupama be sold lock, stock and barrel or broken into an insurer and its broker parts?
News analysis: Insurers and reinsurers must start to focus on emerging ‘peak’ risks
Natural catastrophes: Will previous ‘cold spots’ be targeted by insurers and reinsurers?
Market moves: Insurers and consultants up the pace
As the insurance sector settles into 2012 its activity in the recruitment space has gathered momentum. Insurers had a busy week, with Markel, Mitsui Sumitomo and Royal Bank of Scotland Insurance bringing in fresh faces. Brokers, meanwhile, had another…
Willis teams up to boost 'renewable energy revolution'
Willis Group Holdings has confirmed a new strategic alliance with clean energy financier Narec Capital to unlock opportunities for firms in the renewable energy market.
Aon Risk Solutions poaches Willis UK boss
Aon Risk Solutions has today confirmed the capture of former Willis UK and Ireland chief operating officer Chris Lee-Smith.
Bradford top for motor premium rises
Bradford saw the highest increases in motor insurance premiums last with a whopping 17.1% compared with an overall average below 5%, Confused.com and Towers Watson claim.
Roundtable - Analytics: the true value of quality data
As investment in analytics increases, Post gathered a group of experts to debate the rise in the use of data in all areas of the insurance industry.
Penny speed meets... Duncan Anderson, global P&C pricing & product management leader, Towers Watson
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends. What better way to squeeze in and share as many intimate revelations as possible than her very own ‘speed…
Sciemus recruits Kane founder to head up space insurance
Sciemus has appointed Kane Group founder Paul Aitchison to the position of director of space insurance.
Oman Insurance Company appoints new senior management team
Oman Insurance Company has appointed a new senior management team.
A windstorm for the insurance market
As the market gradually starts to digest the recent European renewals, Francesca Nyman considers the increasing challenge that European windstorms pose and whether insurers are adequately protected against this risk.
No widescale rate hardening at 1/1 renewals
The 1 January reinsurance renewal season has seen large rate increases in catastrophe-exposed and loss-affected contracts, but there has not been wide market hardening.