All WTW articles – Page 2
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News
$100bn is the new normal for annual nat cat losses – WTW
2023 revealed the scale of the protection gap, but was still a $100bn+ nat cat year, the broker said.
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WTW’s Creighton promoted to lead GB trade credit, trade finance
Michael Creighton joined the insurance broker in 2019 from his former role as head of export credit finance at Nedbank.
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Debt-distressed countries turning to non-traditional bailout options – WTW
A report from WTW’s political risk index focuses on an escalating debt crisis in emerging markets.
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WTW launches Asia Pacific Climate Risk Centre in Singapore
The insurance broker said it would provide climate risk quantification and management capabilities to support the region’s resilience and transition to net-zero.
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Howden appoints IDF’s Douglas as climate risk and resilience CEO
Rowan Douglas has moved from his previous position of head of climate at WTW to assume a similar role at rival broker Howden.
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Concrete returns from London market digital transformation – WTW
Analysis of 49 Lloyd’s syndicates showed early adopters showed a 6% improvement in their aggregate combined ratio, over those firms only just getting started on digital transformation.
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Economic and cyber risks lead global D&O priorities – WTW, Clyde & Co
Data losses and ransomware are top legal concerns for company directors, according to WTW and Clyde & Co’s Directors’ and Officers’ Liability Survey Report 2023.
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Political risk is now everyone’s risk – WTW
Nine in ten companies suffered a political risk loss in the past year, according to a WTW report.
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Energy profits fragile and polarised despite rates firming – WTW
Willis Towers Watson Energy Market Review concluded pricing is likely to remain firm, but renewables represent risk management uncertainty, offshore construction is unprofitable, and upstream energy’s profitability could be broken by a single mid-sized loss event.
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Acrisure launches Central European subsidiary
Mathias Pahl will serve as president of Acrisure Deutschland GmbH and head of DACH
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WTW launches new XOL cyber facility as ‘ransomware crisis’ continues
Broker offers up to $50m of Lloyd’s excess layer capacity, as firms continue to cite cyber risk as a top priority
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WTW welcomes Lloyd’s Asia’s Tom Haddrill
He has been named regional head of Broking for Central and Eastern Europe, Middle East and Africa
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Canopius taps WTW for head of sustainability
Adhiraj Maitra will be responsible for Canopius Group’s ESG position worldwide
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WTW expands European D&F team
Victor De Jager joins from AGCS as head of Property for Europe, based in Amsterdam
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Howden taps WTW for senior Swedish hires
Marie Gustafsson will replace Jesper Bretz, who is stepping down at the end of the financial year
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Big three brokers exit Russia
Marsh, WTW and Aon have announced they will cease all business in Russia
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WTW hires ex-Lloyd’s chief digital officer to lead commercial lines strategy
Willis Towers Watson (WTW) has hired former Lloyd’s of London chief digital officer Louise Smith, to help the broker fast track its digital trading capability.
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Aon appoints UK chief broking officer for commercial risk from WTW
Broker and professional services firm Aon has appointed former Willis Towers Watson (WTW) staffer Angela James in the newly created role of chief broking officer for commercial risk in the UK, effective from June 2022.
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WTW partners with CodeEast to bring new digital solution to the global insurance market
Willis Towers Watson and software provider CodeEast have announced a global partnership offering a new digital transformation solution for insurance companies and MGAs.
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CMA halts investigation into Gallagher’s purchase of WTW’s treaty reinsurance broking business
The UK’s competition watchdog, the Competition and Markets Authority (CMA), has today (22 November 2021) approved Arthur J Gallagher’s planned acquisition of Willis Towers Watson’s (WTW) treaty reinsurance business.
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