October 8, 2015
Willis Group Holdings is providing $1 million to help mobilize a global “Resilience Modelling and Mapping Forum” to address natural catastrophe risk, according to Dominic Casserley, CEO. The Resilience Modelling and Mapping Forum is a collaboration between the global re/insurance …
October 6, 2015
A proper understanding of risk tolerance is one of the key factors that can help the risk function demonstrate that it is much more than a cost center and truly adds value to the organization, according to John Merkovsky, head …
October 2, 2015
BB&T IHC International Ltd. has acquired a 16.9 percent interest in Miller Insurance Services LLP, the London-based specialist wholesale insurance broking firm. BB&T, which owns the world’s sixth largest insurance broking business, acquired its stake from Willis Group Holdings plc, …
August 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 Willis’ global placement strategy, leading the …
July 27, 2015
White Mountains Insurance Group Ltd. agreed to sell Sirius International Insurance Group Ltd. for about $2.2 billion to an arm of China Minsheng Investment Corp. The price for the reinsurer will be 127 percent of shareholders’ equity, plus $10 million, …
July 27, 2015
Western and Middle East insurance specialists see Iran as an appealing $8 billion market in the wake of its nuclear deal with world powers, though uncertainty over when sanctions on Tehran will be lifted means they are treating the country …
July 16, 2015
Willis Group Holdings plc announced an agreement to acquire PMI Health Group (PMIHG), an independent healthcare adviser and broker in the UK. Willis said the deal will significantly raise the company’s presence in the UK employee benefits and healthcare market, …
July 14, 2015
Willis North America, a unit of Willis Group Holdings plc the global risk advisory, re/insurance broking, and human capital and benefits firm has appointed Fred Zutel as senior vice president of Willis of Miami. In this role, Zutel will be …
July 13, 2015
Willis Group Holdings has appointed Nicolas Aubert, CEO of Willis GB, to the executive committee and board of the London & International Insurance Brokers’ Association (LIIBA)*. In addition, Aubert was named LIIBA representative to the London Market Group (LMG), a …
July 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 entitled to get. “Dominic Casserley will not …