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Insurance
Insurance comparison start-up The Zebra bags $38.5m investment
The company's revenue grew almost 200 percent year on year in 2019.   6 February 2020
News
Willis Re appoints APMETA West director
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
Alternative Risk Transfer
Willis Re completes €100m cat bond for Achmea Reinsurance
The transaction is the first cat bond exposed to primary European insurance risk in 2020.   24 June 2020
Insurance
Moody’s places Willis on negative watch
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
Willis warns on motor reinsurers’ reserve charge from potential UK discount rate change
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
CNA Hardy taps risk control director from Chubb
The appointee will be responsible for cyber and technology risk control across all CNA Hardy regions.   6 February 2020
News
Willis funds climate change Antarctica expedition
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
Risk Strategies buys aviation broker Transport Risk Management
The acquisition brings wholesale capabilities to its newly launched specialty division.   6 February 2020
Insurance
Insurtechs raise record $3bn in funding in first half of 2019
Insurtech firms raised a record $3 billion in new funding in the first half of 2019, with developments such as usage-based insurance boosting demand in the sector, with European companies attracting the lion's share.   13 September 2019
Insurance
Willis North America appoints COO
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

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