Willis Towers Watson
Solvency II: worth the wait?
After many delays, Solvency II implementation is still far from certain. While some insurers have grown disillusioned by the process, others remain keen to see the directive’s benefits come to fruition.
Mutuals “in prime position” with reinsurers says Willis Re
Mutual insurers can capitalise on the changing buying habits in reinsurance markets according to Willis.
Mutuals can capitalise on changing reinsurance framework
Savvy mutual insurers stand to benefit from changes in the traditional reinsurance market, according to Willis Re.
Insurers miss opportunity to voice opinions on EU consultation on PPOs
The UK’s general insurance sector has failed to engage with a consultation on setting Solvency II liability rules, despite a European Union recommendation that 20% of the sector should contribute for the study to be credible.
Asbestos: Unclear Future
From differences in compensation eligibility across the UK to legal battles over mesothelioma liability, asbestos-related illnesses are presenting insurers with a range of challenges.
Market Moves: Bollington and Miller help keep brokers at the top of the recruitment table
It was a quiet week for insurers as the broking sector once again dominated the recruitment landscape. There were notable hires not just at Bollington, but also at Miller where a pair of placement specialists joined the expanding team. The Lloyd’s market…
Prime Professions deal “obvious fit” says Willis
Willis’ chairman of financial and executive risks has hailed the acquisition of professional indemnity broker Prime Professions.
Willis acquires Prime Professions
Willis has acquired professional indemnity insurance broker Prime Professions.
Outlook for reinsurers challenging, says Willis Re
$35bn of capital flowing into the reinsurance industry is helping keep reinsurance renewal prices low says Willis Re in its latest report.
Willis Re rings the changes in Australia
Leadership team at Willis Re in Australia changes as Michael Harden steps up from CEO to become chairman.
Ex-army pair to lead Towers Watson's crisis management business
Global professional services company Towers Watson has appointed two former military heroes to lead its crisis management business.
Insurers struggle to match risk taking with appetite
Aligning risk taking with risk appetite has become a challenge for many insurers seeking to embed enterprise risk management practices, according to a survey conducted by Towers Watson.
Aviva: We are not anti-network
Aviva is confident it will not lose out on any relationships with individual brokers after it breaks ties with Willis Networks, according to the insurer's director of broker distribution, Phil Bayles.
Willis Networks and Aviva confirm panel split
Willis and Aviva have mutually agreed that Aviva’s participation as an insurer panel member for Willis Networks will not be renewed upon expiry of the current agreement on 31 December.
Market Moves: Brokers bring in more new recruits with JLT, Marsh and Willis welcoming fresh faces
Brokers Marsh, Willis and JLT dominated the broking space this week with a raft of new appointments. Marsh created a new corporate division, JLT added three new staff to its financial institutions team and Willis recruited chief executives for its…
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Miller’s Clarke retains role as Liiba chair
Miller chief executive Graham Clarke has been re-elected as chairman of the London & International Insurance Brokers’ Association.
Biba and Willis back social media site
Social media platform My Slipcase has signed up members from 342 insurance and reinsurance organisations since it launched nine months ago.
Spanish construction: Unfinished business
The Spanish construction industry is in the doldrums with many building projects incomplete. How is this impacting the insurance industry? Edmund Tirbutt explains.
Miller raids rivals to grow French reinsurance team
Miller has hired three senior reinsurance brokers in a bid to increase its foothold in the French market.
Willis announces regional CEO succession plans
Willis has appointed its construction, property and casualty chief executive as the new regional head for central and eastern Europe, Middle East and Africa.
Willis promotes Wemyss as Pickering exits
Tony Wemyss will become broker Willis's regional CEO of the group's Central and Eastern Europe, Middle East and Africa operations from 1 April.
Towers Watson adds two brokers to crisis management team
Towers Watson has added two brokers to its crisis management broking and consultancy operation.
Towers Watson recruits crisis management pair from Aon
Towers Watson has expanded its consultancy and broking offerings in crisis management with two recruits from broking giant Aon.