All WTW articles
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Willis warns of ‘profitability tightrope’ for energy insurers
Willis’s global head of natural resources, Rupert Mackenzie, warned that insurers’ profitability challenges are mounting.
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DWIC speaker preview: Crisis management lessons with WTW’s Thomson-Hall
At next month’s Dubai World Insurance Congress (DWIC) 2025 event in Dubai, speaker Pamela Thomson-Hall, CEO, international, WTW, will share insights on managing geopolitical risk crises.
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Threats to assets and people dominate crisis management landscape – WTW
Political repatriations, kidnap and malicious risk threats dominate the crisis management landscape, according to Willis.
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Dark clouds: aviation re/insurance market update – WTW
Underlying factors offer few indications the market will harden in the first half of 2025 and early reinsurance renewals suggest direct insurers are receptive to negotiation as momentum from Q4 shows little signs of abating, according to WTW.
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Willis, Global Parametrics announce first parametric payout in Vietnam
Backed by the Natural Disaster Fund and in partnership with Bao Minh Insurance Corporation, the parametric product protects coffee growers affected by drought in the Southeast Asian country.
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Willis appoints Easton to alternative risk transfer leadership role
New global head of alternative risk transfer (ART) and head of western Europe for risk and analytics.
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WTW: Nat cat protection gap at 60% as climate rise reaches 1.5°C
Global insured losses surpassed $140bn last year, while economic damages surpassed $350bn, according to a broker report.
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WTW report warns of marine & offshore energy hybrid warfare targets
‘Gray zone’ attacks against ships, undersea cables, and offshore oil installations are a major risk in 2025, the broker has warned in a new political risk report.
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Resilience fears lead WTW client study
Some 80% of risk leaders concerned about their organisations’ emerging-risk resilience in the next decade, according to a new WTW survey.
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Soft market for power and offshore energy – two broker reports
Absence of major losses means competitive pricing in power insurance, according to WTW, while offshore renewables faces a long-term soft market, NARDAC said.
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WTW appoints Hamilton as director in international property team
Gavin Hamilton joins WTW from rival broker Miller where he led European wholesale and South African property.
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QBE announces Desch as its country manager for Germany
Before joining QBE, Fabian Desch worked as a broker, starting his career with WTW.
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Clarke appointed WTW’s risk and broking president
Alongside Lucy Clarke’s appointment, Adam Garrard assumes role of risk and broking chairman at the international insurance broker.
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Renewables showing resilience, optimism – WTW report
A report from the broking firm is upbeat on the renewable energy sector’s prospects to “weather the storm” of the risks and challenges it faces.
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International order ‘in decline’ – WTW political risk report
A political risk insurance report from the broker highlights the decline of consensus on the liberal international order, summarising it as at best, ‘lukewarm’.
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“Grey zone” losses prompt action – WTW geopolitics report
Some 47% of firms have experienced a political risk loss in excess of $50m, broker WTW warned, and 96% said they have invested in political risk management capabilities.
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Prudence and profligacy: two M&A studies urge caution and reveal value destruction of carrier deals
Only 52% of the last decade’s largest acquisitions among insurance carriers created long-term value for their shareholders, according to ACORD research while a WTW study suggests more caution is on the horizon.
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WTW, AXIS boost cyber facility with increased capacity and broader coverage
The broker has announced “strategic enhancements” to its global cyber facility, led by AXIS Capital.
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BMS Re appoints Canavan as US COO
Reinsurance broker appoints chief operating officer with a background working at Willis Re, Guy Carpenter and AIG.
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Political risk market “pivots” away from emerging markets – WTW
WTW grew its credit and political risk insurance portfolio by 25% last year, the broker has revealed in its CPRI Capacity Survey and Market Update 2024, but the market is increasingly turning to developed economies and multilaterals.