Willis News – Page 3
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NewsRenewable energy risk managers face choppy waters in 2023 – WTW
Taking several ‘important steps’ will ‘help’ and ‘protect’ firms in this market, says executive director of the Climate Markets and Investment Association.
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NewsWTW launches parametric coral reef insurance policy
The policy will be used to fund rapid coral reef repair and restoration following storms
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NewsQ3 2022 most expensive quarter for motor premiums – Confused.com
The increase in premium prices is a result of insurers battling a ‘bitter cocktail of rising cost pressures’
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NewsMajority of insurance sector employees say they have ‘too much to do’ at work
Heavy workloads, deadlines, meetings and emails were all reported as factors that make insurance sector employees feel burnout
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NewsMiller Insurance launches new bloodstock and livestock team
Four former WTW employees have joined the broker to form the team, with eyes set on ‘growing the business’
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NewsInflation rate for motor claims settled in 2021 reached 6.2% – WTW
Average claims settlement times in Q1 2021 were two months longer compared to the same period in 2019, says the broker
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NewsWTW suffers $138m financial hit on Russian business exit
The broker saw a 3% dip in its revenue compared to the same period last year as a result
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NewsD&O’s top two risks are cyber attack and data loss – WTW and Clyde and Co
Concerns over regulatory risk have moved up the ranks to third place, according to the broker and law firm’s latest survey
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NewsHowden snaps up Willis Towers Watson chief executive to head France
With this appointment, Howden is aiming to be ’one of the top brokers in France with an extensive territorial presence and strong specialties’
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NewsWTW hires ex-Lloyd’s chief digital officer to lead commercial lines strategy
The new hire has a background in banking and has served on various fintech boards
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NewsCar insurance costs increase for first time since autumn 2020
Pricing trend data could help insurers navigate the motor market post-FCA pricing reform, said price comparison site chief executive
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News‘Stability’ in the immediate aftermath of FCA’s pricing reform ‘is likely to be short-lived’ – WTW
Broker’s head of UK personal lines pricing believes pricing ‘turbulence’ is set to ‘manifest over the next three months’
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NewsUK motor claims inflation soars amid costly cyclist accidents
Claims expert warns insurers that they face a challenging period ahead
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NewsGallagher completes WTW treaty reinsurance operations buy
New Gallagher Re boss says the combined businesses mark ‘a new chapter’
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NewsCMA halts investigation into Gallagher’s purchase of WTW’s treaty reinsurance broking business
Competition authority gives the planned acquisition the go ahead
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NewsWTW appoints new global head of broking from Aon
The hire previously worked at WTW in 2004 before spending the majority of his career at Aon
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NewsWillis Re takeover ‘on track’ – Gallagher
The transaction, which is due to close in Q4, will see Gallagher buy Willis Re for $3.25bn
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NewsGlobal Risk Partners completes Willis Towers Watson Northern Ireland deal
The newly created business is ‘robust evidence’ of a successful M&A strategy, says group chief exec
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NewsSaga scoops new pricing director from Willis Towers Watson
The new hire will be responsible for driving Saga’s strategy forward
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NewsChief financial officer set to return to Willis Towers Watson
Chief executive believes the new hire’s ‘strategic financial perspective’ will ‘contribute to our future success’
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