Willis Towers Watson
Willis warns others as it settles JLT fine arts and specie team defection for £22m
International broker Willis Towers Watson today reaffirmed it is “committed to protecting its business” and “will always seek legal redress where appropriate”.
Oil price shocks could drive insurers out of energy sector
Cost-cutting in the energy market as oil prices fall could see insurers consider exiting the sector, according to Willis Towers Watson’s annual energy market review.
Willis Re sees "encouraging signs" as reinsurance renewal rates fall again
Willis Re's latest reinsurance report has identified some encouraging signs for the market despite April reinsurance rates falling for the fourth year in a row.
Solvency II drives increase in Lloyd's legacy portfolio sales
An increasing number of firms are looking to dispose of their legacy portfolios as Solvency II puts pressure on capital requirements.
Garrard promoted at Willis Towers Watson to international role
Adam Garrard, formerly head of Asia at Willis, has been promoted to head of international at Willis Towers Watson following the merger of the two groups.
Intellectual Property: Protecting bright ideas
It is a sad fact that most businesses only appreciate the value of intellectual property insurance once it is too late. So why is it vital?
The Post Power List 2016
In a year where regulation, natural disasters, consolidation and cyber/digital again look set to make waves, and when the country could learn if it’s in or out of the European Union, Post had a mind mapping session – with a bottle of wine – to see who…
Willis GB commissions and revenues slump in 2015
Willis GB has reported a drop in revenue to $641m (£443m) for the 12 months to 31 December 2015 while, at group level, the broker reported a $24m net loss for Q4 2015.
Rank: 24 - Nicolas Aubert, CEO, Willis GB
At the start of 2015, Aubert was just taking his seat as CEO of Willis GB and following the $18bn merger of the broker with consulting giant Towers Watson he ended the year as CEO of the Willis Ltd, with responsibility for the insurance and reinsurance…
Towergate to develop corporate and mid-market niches with triple hire
Towergate has created three new roles to support plans to strengthen and grow its corporate and mid-market practice with niches and specialisms.
Willis Towers Watson unveils Great Britain leadership team
Willis Towers Watson has confirmed a number of senior leadership roles within its Great Britain business.
Demand for M&A assets to outweigh supply, survey finds
Competition for attractive insurance industry merger and acquisition targets is set to intensify in the next three years as more than 80% of insurers plan to acquire while only one third plan to divest, a Willis Towers Watson survey has found.
D&O and Cyber: C-suite cyber risks take off
US legal influences continue to impact on the UK directors’ and officers’ market – and that now includes the growing cyber threat
Willis chief Rowan Douglas awarded CBE in New Year's Honours list
Willis boss and Artemis co-founder Rowan Douglas has been awarded a CBE for service to the economy through risk, insurance and sustainable growth in the New Year’s Honours list.
Acquisition of French broker Gras Savoye finalised
Willis Group has completed its acquisition of French insurance broker, Gras Savoye.
Reinsurance pricing floor remains elusive at 1 January renewals
Despite the signs of pricing stabilisation in peak property catastrophe zones at the June/July 2015 renewals, the forecasts for a “softening in the softening” in reinsurance pricing have proved illusory, according to Willis Re.
P&I clubs to face premium pressure in 2016
Protection and indemnity insurance will face premium pressure at 1 January 2016 renewals, according to analysis from Willis Group.
Supersonic Cars: The need for speed
Ask a meerkat or a moustachioed opera singer for a quote for a supersonic car and you would be met with bewilderment and a rapid search for the exit door. Yet it is not as unusual a question as you might think.
Shareholders approve Willis and Towers Watson merger
The merger of Willis and Towers Watson is set to go ahead after shareholders of both companies approved proposals at a special meeting in the US today (11 December).
No vote urged for Towers Watson shareholders
Towers Watson shareholders are again being urged to vote against the proposed merger with Willis Group by proxy adviser company Glass Lewis and Co.
C-Suite - Broker: Time to go big on analytics
Brokers need to respond quicker to client demand for recommendations based on big data.
Post docu-video: European Windstorm
Over this weekend European wind storms have again been headline news.
Falling PPOs could bring good news for motor insurers
Motor insurers could see a strengthening of their position in coming cycles with one of the key factors inflating re/insurance prices levelling off for the first time.
Ex-Willis Northern Ireland MD Workman moves to Belfast's 'other Willis'
The former managing director of global broker Willis’s Northern Ireland business David Workman has resurfaced at Belfast-based Willis Insurance & Risk Management.