Willis Towers Watson
Willis restructures international operations
Willis International has reorganised its Asia Pacific, Middle East and Africa operations amid a management resuffle.
Willis strengthens leadership in Asia and Middle East
Willis International has created three regional business units under new and expanded leadership in recognition of the size, growth and strategic importance of its Asia Pacific, Middle East and Africa operations to Willis Group Holdings.
Market moves: Zurich and Mitsui continue recruitment push
Last week's busiest recruiters, Zurich and Mitsui Sumitomo, followed their recent appointments with the addition of more new staff. Mitsui has added two members to its underwriting team, while Zurich welcomed a new head of human resources.
Willis extends Guernsey foothold
Willis has been issued with a full commercial lines licence to conduct insurance intermediary services in Guernsey.
Willis granted intermediary licence on Guernsey
Willis Group Holdings has been issued with a full commercial lines licence to conduct insurance intermediary services in Guernsey under the Insurance Managers and Insurance Intermediaries Bailiwick of Guernsey Law, 2002.
Brokers surprised as US firm adds fracking to 'prohibited risks'
US insurer Nationwide Mutual Insurance Company has become the first major insurance company to confirm that it will not cover damage related to hydraulic fracturing.
Towers Watson promotes Howard to insurance and reinsurance global leader
Towers Watson has appointed Ross Howard, pictured, to global leader for its insurance and reinsurance brokerage business effective from 1 October.
Market moves: Insurance takes the initiative
Last week saw the recruitment initiative wrestled back from the broking sector, with the majority of hires coming from within the insurer space. Headline appointments in that sphere came thick and fast in the form of a changing of the guard at Catlin…
Faber Global expands in Asia with Singapore office
Faber Global, the facultative and wholesale reinsurance arm of Willis Group, has increased established a presence in Singapore to cover facultative reinsurance for Singapore and Asia.
Willis creates new marine division in Singapore
Broker Willis has extended its risk management consultancy operations in Asia with the formation of a marine technical services division in Singapore, and has recruited Sau Weng Tang to spearhead the expansion.
A mutual future?
Regulations like Solvency II will have a significant impact on mutuals across Europe. Francesca Nyman asks whether the model will survive.
Towergate recruits Aon boss for sales role
Towergate Insurance has appointed Lisa Bartlett as divisional sales director for retail broking.
Aviva's relationship with Willis Networks tipped to be under review
Aviva is reviewing its partnership with Willis Networks, Post understands.
PPO demand to put off 'silver bullet' investment in insurance
General insurers will not get the 'silver bullet' investment needed to offset potential liabilities from the growing number of periodical payment order settlements in the UK as typical lump sum claimants are increasingly seeking PPOs.
UK insurers face capital hike under RMS v11
UK insurers may see increases of up to 97% in their capital requirement for catastrophe exposures under Solvency II rules when making calculations under the new RMS model version 11, with French and German insurers facing similar though not quite so…
Willis appoints Asia FINEX head
Willis has appointed Tony Mitchell as regional head of the firm's financial, executive risk and professional liability business in Asia-Pacific, in response to the increasing exposures faced by executives of companies expanding globally.
Market moves: A busy week in recruitment
The insurance industry enjoyed a busy week in recruitment, and brokers were the main movers and shakers as Marsh UK & Ireland welcomed a new chief executive and Giles named a new COO.
Ex-Willis man Mikrut takes up JLT Re executive VP role
JLT Reinsurance has appointed Henry Mikrut as executive vice president.
Willis appoints Latin America reinsurance CEO
Willis Group Holdings has appointed Antonio Tosti to the newly-created role of chief executive of Willis' Latin America reinsurance business.
Market moves: Broking steps up the recruitment push
This week the recruitment space belonged to the broking community, which saw major moves across the sector. In the past seven days, Willis, Lorica, Giles and Lockton all named new senior staff.
Willis Re appoints Angelini-Hurll to newly created role
Willis Re has appointed Kieran Angelini-Hurll as regional director of its Indian Sub-Continent, Middle East, North Africa and Turkey operations.
Willis Re appoints regional director for APAC and ME
The reinsurance arm of broker Willis Group today appointed Kieran Angelini-Hurll as regional director of its Indian Sub-Continent, Middle East, North Africa and Turkey operations.
Towers Watson opens German branch
Towers Watson (Re)Insurance Brokers has continued its expansion in continental Europe with the creation of an operation in Germany.
A survivor's guide to a Eurozone breakup
The Eurozone is experiencing instability that could threaten its very existence. As the possibility of a break up edges ever closer, insurers and other financial institutions must be ready to act, explains Robert Hall.