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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
GIEK Kredittforsikring writes and manages short-term export credit insurance portfolio. 6 February 2020
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
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
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
News
Broker Willis is sponsoring a scientific programme in Antarctica from November 2013 to January 2014 to better understand our changing climate and build resilience to weather-related risk. 3 October 2013
Insurance
Broker Willis Group and US insurer American International Group (AIG) have launched Evergreen, an automatically renewing insurance policy for mid-market clients. 3 September 2015
Insurance
Willis North America, a unit of Willis Group Holdings, has appointed Eric Joost as chief operating officer. Joost has been serving as chief executive of Willis North America's Specialty Practices since 2009. He will report to Todd Jones, CEO, Willis North America. 27 September 2013
Insurance
The appointee will be responsible for cyber and technology risk control across all CNA Hardy regions. 6 February 2020
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