Latest Willis Towers Watson Headlines
All the headlines from our Willis Towers Watson Topic Page, ordered by recency.
Willis Re Joins with Tech Firm, Measure, to Raise Drone Usage for Insurers
Feb 2 2016 // Willis Re, the reinsurance business of Willis Towers Watson, announced a strategic partnership with technology company Measure to advance the use of drones within the insurance industry and bring the latest drone...
Willis Towers Watson Appoints New Senior Leadership Team for Great Britain
Jan 29 2016 // Willis Towers Watson, the global advisory, broking and solutions company, announced a group of senior leadership appointments within its Great Britain business. Ailsa King will lead the Client Organisation in Great...
M&A to Intensify as Insurers Hunt for Top-Line Growth: Willis Towers Watson
Jan 28 2016 // The competition for attractive assets will intensify in the next three years as the majority of insurers (82 percent) plan to acquire, while only one-third intend to divest, according to a survey of senior insurance...
Douglas at Willis Towers Watson Receives High U.K. Honor
Jan 15 2016 // Willis Towers Watson announced that Rowan Douglas, head of Willis Towers Watson’s Capital Science & Policy Practice, has been made a CBE in the United Kingdom’s New Year Honours List for services to the...
Willis Towers Watson Appoints Financial Institutions Leader for CEEMEA
Jan 14 2016 // Willis Towers Watson has appointed Alexander van Kuffeler as regional leader of Financial Institutions in Central & Eastern Europe, Middle East and Africa (CEEMEA). Based in London, van Kuffeler takes up the role with...
Newly Merged Willis Towers Watson Begins Operating
Jan 5 2016 // Willis Towers Watson Public Limited Co. began operating today following the successful completion of the merger of Willis Group Holdings and Towers Watson. The company, which will do business as Willis Towers Watson, is a...
El Niño Helped Reduce Natural Catastrophe Losses in 2015: Munich Re
Jan 4 2016 // Insurers paid out around $27 billion for natural disaster claims last year with weather causing 94 percent of incidents, underscoring the challenge posed by climate change, data from reinsurer Munich Re showed on...
Reinsurance Prices Continue Softening During January 2016 Renewals: Willis Re
Jan 4 2016 // Despite the signs of some pricing stabilization in property catastrophe during the June/July 2015 renewals, hopeful forecasts for a “softening in the softening” in reinsurance pricing have proved elusive,...
Willis Completes Acquisition of France’s Gras Savoye
Dec 30 2015 // Willis Group Holdings plc, the global risk advisory, re/insurance broking, and human capital and benefits firm, announced the completion of its acquisition of Gras Savoye, the leading French insurance broker. On April 22,...
Willis Reports Q3 Net Income of $117M, Compared to $7M Net Loss in Q3 2014
Oct 30 2015 // Willis Group reported net income of $117 million, or $0.64 per diluted share, during the third quarter ending Sept. 30, compared to a net loss of $7 million, or $(0.04) per diluted share, in the prior year quarter. For the...
Willis Re Unveils ‘Enhanced Approach’ for Catastrophe Risk Exposure
Oct 19 2015 // Willis Re, the reinsurance brokerage division of Willis Group Holdings plc, announced that it has released the “Willis Re View of Catastrophe Risk.” The program offers an “enhanced approach to catastrophe...
Aubert Appointed CEO of UK-based Willis Limited
Oct 12 2015 // Willis Group Holdings has appointed Nicolas Aubert as CEO of Willis Limited, the Willis Group’s principal UK regulated entity. The appointment, which has received regulatory approval from the Financial Conduct...
Willis Re Report: Capital Growth Eases as M&A, Capital Mgmt. Accelerate
Sep 10 2015 // In its most recent Reinsurance Market Report Willis Re, the reinsurance division of Willis Group Holdings plc, notes: “Faced with significant over-capacity and widespread pricing pressure, the growth in global...
Willis Appoints Wemyss as Global Head of Placement
Aug 25 2015 // Willis Group Holdings has appointed Toby Wemyss as global head of placement, effective immediately. He succeeds David Martin, who will be leaving the company. In this role, Wemyss will drive the continuing development of...
UnipolSai, Willis Capital Confirm Italian Cat Bond for Azzurro Re; 1st in Europe
Aug 14 2015 // UnipolSai Assicurazioni S.p.A. (UnipolSai), a multi-business Italian insurance company of the Unipol Group and Willis Capital Markets & Advisory (WCMA) part of Willis Group Holdings plc, have confirmed the...
Willis 1st View Reinsurance Report on Pricing Finds some Stabilization
Jul 2 2015 // According to the latest 1st View Renewals Report from Willis Re, the relentless “period of rate reductions” in reinsurance pricing shows signs of softening with “early signs” of price stabilization...
Willis CEO, Casserley, Opts Against Taking Severance Pay in Towers Watson Deal
Jul 1 2015 // Willis Group Holdings plc’s chief executive officer, who is taking a lesser role under the insurance broker’s planned merger with Towers Watson & Co., has opted against taking some compensation that he was...
Willis Group, Towers Watson Agree to Merger
Jun 30 2015 // Global reinsurance and insurance broker Willis Group Holdings and professional services and analytics firm Towers Watson have agreed to an all-stock merger of equals. Upon completion of the merger, Willis shareholders will...
Steve Hearn to Leave Willis for CEO Role at Cooper Gay Swett & Crawford
Jun 29 2015 // Willis Group Holdings confirmed that Deputy CEO Steve Hearn has decided to leave the company and will take up the role of CEO at Cooper Gay Swett & Crawford (CGSW) at the beginning of November. The announcement came...