Willis Towers Watson
Motor insurance market reviews plans ahead of legislation and slowdown
Direct Line Group is primed to "execute a range of strategies" depending on how changes to the legal landscape play out next spring, according to the insurer's chief executive Paul Geddes.
Smaller brokers get niche to tackle emerging Asian markets
Small brokers in South East Asia are turning to specialist insurance products that are considered too niche to be of interest to their larger counterparts as Nicky Burridge reports.
Top 25 EC3 Brokers Spotlight
A run-down of the top 25 City brokers.
Market moves: Ace and Hiscox lead the recruitment drive
Ace and Hiscox were the most active in the recruitment space this week, making three changes apiece.
In Series: External Data - Thinking outside the box
Are insurers making the most of external data by using it to do more than simply price risk?
Firms unprepared for Sandy BI losses, Willis' Texeira warns
Hurricane Sandy could cost insurers between $5bn and $10bn, according to a report in The Wall Street Journal, while Bloomberg reports that the hurricane's toll is poised to cause $20bn worth of "economic damage".
Top 25 EC3 brokers: London leads the way
The performance of the top 25 EC3 brokers illustrates a thriving market that is receiving growing interest from every corner of the globe.
Top five Asian news stories
The top five Asian news stories on www.insuranceinsight.com over the past seven days.
Storms and strikes among biggest concerns for insurers
Catastrophic acts of violence, mining strike contagion, unexpected 'perfect storms' and a nation paralysed by cyber terrorism are among the biggest risks facing the insurance industry, according to Willis Group.
Nexus Underwriting names interim COO
Speciality managing general agent Nexus Underwriting Management has made four new operational appointments.
RFIB names property and construction director
Independent broker RFIB has recruited Faber Global's Edward Clark as director of global property and construction.
US APH liabilities may come back to haunt European insurers
European insurers wanting an idea of the trends coming their way often look to their cousins across the water, knowing that the problems for US insurers today are likely to plague European carriers tomorrow.
Casserley appointed Willis CEO as Plumeri departs
McKinsey and Company partner Dominic Casserley, pictured, has been named as the next chief executive of Willis, following the news that CEO and chairman Joe Plumeri is due to step down after 12 years in the role.
Spotlight on Economy and Society: Insurance to the rescue
From the development of new technology to innovations in micro insurance, the insurance industry can play a major part in stimulating global economic growth.
Post magazine - 25 October 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Solvency II: The waiting game
With the possibility of further delays to the implementation of Solvency II seeming ever more likely, what will be the impact on insurers?
Willis sees Q3 net income halved
Willis' financial results for the third quarter show a drop in net income of more than half.
Willis Q3 results hit by disposal of Indian operation and JV settlement
Willis has revealed that its third-quarter net income was hit by an $11m charge related to a settlement with a former joint venture partner in India and the related $1m loss on disposal of the India operations.
French motor market to shift following annuity policy change
The re-evaluation of motor annuities by the French government will create long-term challenges for French motor insurers, according to Willis Re, the reinsurance arm of broker Willis Group.
Willis recruits fish farm underwriter for aquaculture practice
Hughes-Gibb, the specialist agri-business division of Willis, has appointed Dan Fairweather to head its aquaculture broking and risk management division.
BrokersLink launches supply chain tool
BrokersLink has launched Specialized Resources, a risk management service which it says will give members access to tools to help clients identify and quantify potential supply chain risks.
BrokersLink offers supply chain risk advice
International broker network BrokersLink has launched a supply chain risk management service for its members.
Italy - land of opportunities
Recent research shows that car insurance in Italy costs five times the European average, underinsurance is rife and the government is scaling back on its intervention. Liz Booth investigates whether there are any opportunities for foreign insurers.
Willis appoints Plumeri successor
Willis' board of directors has chosen Dominic Casserley, pictured, as the company's next chief executive.