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Insurance
Willis has sold its Businesscare business located in Preston, which focuses on micro and small enterprises, to Allianz as part of a deal that includes an Allianz company joining its commercial network. 10 December 2014
Alternative Risk Transfer
It is the first multiple-arrangement SPA authorised by the Central Bank of Ireland for cat bond transactions. 22 July 2020
Insurance
Broker Willis has appointed Stefan Spohr to the newly-created role of head of global industries. He will be based in Willis' London office. 8 December 2014
Insurance
The company's revenue grew almost 200 percent year on year in 2019. 6 February 2020
Alternative Risk Transfer
The transaction is the first cat bond exposed to primary European insurance risk in 2020. 24 June 2020
News
Willis Re, the reinsurance division of Willis, has appointed Robert Wildbore as regional director of its Indian Sub-Continent, Middle East, Africa and Turkey (APMETA West) operations. 10 October 2014
Insurance
Rating agency Moody’s has placed Willis on negative watch, following the broker’s announcement of a firm offer to acquire French insurance broker Gras Savoye. 27 April 2015
Insurance
The appointee will be responsible for cyber and technology risk control across all CNA Hardy regions. 6 February 2020
Insurance
A planned revision of the Ogden discount rate from 2.5 percent to negative 0.5 percent would particularly affect UK motor reinsurers as they would likely experience a material one-off reserve charge of approximately £4.9 billion, according to analysis by Willis Towers Watson. 20 February 2017
Insurance
The acquisition brings wholesale capabilities to its newly launched specialty division. 6 February 2020
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