November 14, 2012
The impact of Hurricane Sandy on the catastrophe bond market is likely to be muted based on current estimates, with little impact on new pricing, according to Willis Capital Markets & Advisory (WCMA), part of global insurance broker, Willis Group …
November 14, 2012
Willis Group Holdings announced the launch of its directors’ all risks cover (DARCstar) in Australia, Hong Kong and Singapore, which it said offers “unique” coverage. Willis explained that “DARCstar policies have already been written for a number of global companies. …
October 11, 2012
“I think everyone in the industry would be interested in reducing the complexity of models, making things more transparent and thus easier to understand,” stated Markus Stricker, Director of the Willis Economic Capital Forum (WECF), the latest initiative from the …
October 10, 2012
“The booming Latin American energy industry is not insulated from the threat of a euro zone collapse or hostilities in the Middle East,” warned global insurance broker Willis. Speaking to a gathering of energy companies in Foz Do Iguacu, Brazil, …
October 9, 2012
Willis North America, a unit of global insurance brokerage Willis Group Holdings, announced two executive appointments in the New York region. Willis is a leading insurance broker that provides risk management and employee benefit services across a wide range of …
September 20, 2012
Willis Group Holdings plc has opened a new office on the island of Malta, which it said is “to serve its growing captive and commercial insurance clients in the region,” an area that “has experienced substantial growth in the past …
September 19, 2012
Tim Holt, Head of Intelligence at Special Contingency Risks (SCR), part of the Willis Group, has warned that the piracy threat in Somalia is unlikely to abate for the following reasons: • “Piracy is the second largest generator of income …
September 18, 2012
Willis Germany, part of Willis Group Holdings, announced that it will be demonstrating the special features of “Willis Electronic Plus,” at the 27th European Photovoltaic Solar Energy Conference and Exhibition in Frankfurt on September 25-28. Willis described it as “an …
September 18, 2012
Investments from the capital markets in various forms now provide around 14 percent of the total capital dedicated to providing reinsurance – approximately $35 billion [$17 billion in cat bonds] out of $250 billion. The question remains as to whether …
September 13, 2012
Willis Group Holdings announced that 12 new members have joined its two UK broker networks, Willis N2 and Willis Commercial Network, both of which ally with local, independent insurance brokers in the UK. Willis Commercial Network added Chesham Insurance Brokers, …