Willis Towers Watson
Willis announces CEO succession plans
Insurance broker Willis has announced that Dominic Casserley, pictured, is to succeed group CEO Joe Plumeri from 7 January with Steve Hearn as deputy CEO.
JLT Re expands CEE expertise by adding two partners
JLT Reinsurance has demonstrated a continued focus on expanding capabilities in central and eastern Europe with the appointment of two new members to its non-marine team in the region.
Lloyd's Vision 2025: Building an empire
The Lloyd's market is in bullish mood as it plots global domination with the Vision 2025 plan.
Choosing an insurer: Avoiding the money trap
The rush to the bottom over price by customers can only hurt the industry, but brokers are well placed to stop the rot by offering their clients advice on the difference that choosing the right insurer can make.
Top five Asian news stories
The top five stories from www.insuranceinsight.com over the past ten days.
Simple economic capital models could avert financial crisis
The insurance industry needs more dynamic economic capital models if it is to avoid suffering some of the problems exposed during the financial crisis four years ago.
Indian FDI progresses, but hurdles remain
Insurers hailing the Indian cabinet's approval of a bill raising the foreign direct investment limit in insurers to 49% may be celebrating prematurely, as opposition parties could still block the bill's passage through parliament.
Towers Watson scores Willis hedge fund portfolio
Willis has selected pensions consultancy Towers Watson to manage a large portion of its hedge fund portfolio on a fiduciary basis, following a competitive tender.
Travelers appoints European COO
P&C insurer Travelers has appointed former Willis global specialty boss Matthew Wilson as its new chief operating officer.
Travelers appoints Willis' Wilson as COO Europe
Travelers has appointed Matthew Wilson as chief operating officer for Europe.
OFT probe "will open a can of worms", says law firm
A law firm has suggested that the Office of Fair Trading's decision to refer the private motor insurance market to the Competition Commission could leave the policyholder worse off.
Kiln appoints Garland as chief operating officer
Kiln, the international specialist insurance and reinsurance underwriting group and part of Tokio Marine, announced today that it has appointed Denise Garland as chief operating officer.
Kiln names new chief operating officer
International specialist insurance and reinsurance underwriting group Kiln has appointed Denise Garland, pictured, as chief operating officer.
Motor insurance: Driving down cover costs
With two major indices reporting a fall in the cost of motor insurance, there are signs that the sector’s fortunes are improving. Can insurers afford to be optimistic, or should they proceed with caution?
Top five European news stories
The top five stories from insuranceinsight.com over the past seven days.
Willis opens new office in Malta
Global broker Willis Group has opened a new office in Malta to serve its growing captive and commercial insurance clients in the region.
Periodical payment orders: Struggling with settlements
Periodical payment orders are being used to settle increasing numbers of serious personal injury claims, and their popularity is likely to continue. How can insurers cope with the challenges they present?
MDS and Towers Watson JV to serve Portuguese clients
Professional services firm Towers Watson and Broker MDS have joined forces to establish a benefits brokerage consulting service in Portugal.
Politics is a major risk for renewables sector, says Willis
Resource nationalism is threatening projects in the renewables sector, according to Willis' head of political and export risk Andrew Van den Born.
The impact of European downgrades
This year has seen an increasing number of downgrades by ratings agencies for European insurers. Anne-Louise Fogtmann investigates how seriously these are taken and their impact on insurers.
Perils AG to provide satellite-based flood footprints
Perils AG, a Zurich-based provider of European catastrophe insurance data, will make satellite-based flood footprints available during and after major flood events, as part of an initiative in collaboration with the insurance industry and the European…
Willis attracts 12 new network members
Willis has attracted 12 new members to its UK broker networks.
Guy Carpenter to open Shanghai Office
Reinsurance broker Guy Carpenter has received approval from the China Insurance Regulatory Commission to open a branch office in Shanghai.
Aviva Europe CUO joins Towers Watson
Professional services firm Towers Watson has appointed David Ovenden, former Aviva chief underwriting officer for Europe, to lead its underwriting analysis practice.