Business Moves: Aon, Guy Carpenter, WTW Each Complete Previously Announced M&As January 7, 2025 Insurance brokers Aon plc, Guy Carpenter and WTW announced they each have completed previously announced mergers and acquisitions. Aon’s acquisition...
US Commercial Lines Prices Up About 6% Again: WTW CLIPS December 11, 2024 Broker WTW said commercial lines insurance rates increased overall by an average of 6.1% during the third quarter 2024. Quarterly...
WTW to Return to Treaty Reinsurance Broking Via Bain Capital Joint Venture December 3, 2024 By L.S. Howard WTW announced it will return to treaty reinsurance broking via a joint venture with the private investment firm Bain Capital....
Tech Update: WTW Unveils Machine-Led Solution to Enhance Insurance Reserving November 8, 2024 Insurance broker WTW announced the launch of ResQ Machine-led Reserving, which WTW describes as a game-changing technology for insurers and...
WTW Launches Insurance Brokerage Service in Japan October 29, 2024 WTW announced the expansion of its Corporate Risk & Broking (CRB) business in Japan with the launch of an insurance...
People Moves: Price Forbes Bermuda Promotes Kelley to CEO; WTW Gets Saudi Arabian License, Names Chubb’s Bahafi as Head of Insurance Broking October 28, 2024 This edition of Interational People Moves details appointments at the brokers Price Forbes and WTW. A summary of these new...
Balance With ‘Micro-Actions’ in Commercial Market But Milton Could Disrupt October 10, 2024 WTW characterized commercial insurance rates as balances and stable but, as Hurricane Milton approached, the broker warned of upcoming disruption....
WTW to Sell Direct-to-Consumer Sales Unit Tranzact for $632 Million October 1, 2024 Global insurance broker WTW has agreed to sell its direct-to-consumer insurance distribution business, Tranzact, to the private equity firm GTCR...
WTW Launches China Client Division With Yan Appointed as Division Leader September 25, 2024 Insurance broker WTW has launched a new China Client Division within Corporate Risk and Broking, North America (CRB NA), as...
Commercial Property Rate Stabilization Highlights Latest WTW CLIPS September 10, 2024 Broker WTW said commercial lines insurance rates increased overall by an average of 5.9% during the second quarter. Quarterly price...