Willis Towers Watson
Willis aims for $180m in global cost savings to fund end to pay freeze
Willis in undertake a global review of its operations in the first quarter of 2011 to help fund the end to its salary freeze.
Willis appoints new CEOs as it unveils management changes
Willis Group has today announced a series of leadership appointments in its reinsurance, wholesale and placement divisions.
Willis appoints new CEOs as it unveils management changes
Willis Group has today announced a series of leadership appointments in its reinsurance, wholesale and placement divisions.
Amendments to Solvency II to "finesse" transition
Proposed amendments to the Solvency II Directive from Omnibus II include transitional measures “seem far more wide-ranging than had previously been alluded to in QIS5 and other discussions”, according to Towers Watson.
Willis and Atlas join forces in PCC first
The Global Captive Practice of Willis Group Holdings and Atlas Insurance PCC (Protected Cell Company), have become the first in the insurance industry to use PCC technology to underwrite UK statutory motor liability from Malta.
Manchester boss Tynan departs Henderson
Henderson Insurance Brokers has confirmed the departure of regional managing director Jon Tynan, who headed up its Manchester operation.
In series - Geography & Solvency II: Accurate data is key to Solvency II requirements
The need for more accurate data and improved infrastructure is occupying insurers' Solvency II teams. However, Sam Barrett finds that UK firms are well prepared when it comes to accuracy of information.
FSA seeks more 'intrusive' resilience benchmarking
Brokers have backed publication of a consultation document by the Financial Services Authority, Bank of England and HM Treasury that considers options for a financial sector resilience benchmarking programme.
Broking focus - BCP: Business Continuity Plans for beginners
Brokers and claims practitioners differ in opinion over the usefulness of business continuity plans. Amy Ellis looks at how the market can be educated about the inherent benefits.
Willis names service centre chief
Broker Willis has appointed Mark Parker as head for its global service centres in Ipswich and Mumbai.
Towers Watson completes EMB deal
Towers Watson has confirmed its acquisition of EMB, the property and casualty professional services firm.
Willis recruits sales and marketing director
The UK & Ireland division of brokerage Willis has appointed Martyn Perryman as its new sales and marketing director.
Lord Sugar and Aon's Case line up for Biba 2011
The keynote speakers for this year’s British Insurance Brokers' Association conference have been confirmed as Greg Case, president and CEO of Aon Corporation, explorer Ed Stafford who was the first man to walk the length of the Amazon and businessman and…
Biba conference adds some Sugar
Aon president and chief executive Greg Case and businessman and TV star Lord Alan Sugar are to top the bill at this year's British Insurance Brokers' Association conference.
Willis names new Middle East MD
Willis has appointed Paul Holmes to the role of managing director of Al Futtaim Willis Middle East.
Willis captive gains CII chartered status
Willis Management (Guernsey) has become the first captive to achieve chartered insurer status.
Lloyd’s broker launches Asian operations
International Lloyd’s insurance and reinsurance broker Swinglehurst has launched a new venture in Hong Kong.
Lloyd’s broker launches Asian operations
International Lloyd’s insurance and reinsurance broker Swinglehurst has launched a new venture in Hong Kong.
Towers Watson: 2011 will be the most "significant year of reform ever"
Preparation challenges for Solvency II costing billions of pounds are set to help make this the most significant year of reform ever faced by the UK insurance industry.
Berkshire Hathaway backs Willis energy facility
Willis has created a facility designed to provide additional underwriting capacity for the oil and gas industry.
Willis: 2011 reinsurance renewals 5-10% lower than 12 months ago
Overcapitalization in the reinsurance market continues to gradually push rates downwards with price reductions at the 1 January 2011 reinsurance renewals averaging between 5% and 10%.
Lloyd’s & London market – review of the year: Troubled times
A succession of natural catastrophes got 2010 off to a bad start and the market continued to struggle - but the resolution of Brit’s future and the prospect of consolidation could see the year end on a high. Mairi Macdonald reports.
P&I faces challenging market in 2011, Willis warns
While investment income in the Protection and Indemnity (P&I) insurance market bounced back to $680m in 2009/10 from a $840m loss in 2008/09, record claims levels, and a continuing gap in the performance of individual P&I Clubs could present challenges…
HSB names London regional manager
Engineering and construction insurer HSB has appointed Sian Williams as regional manager for London and the South-east.