Articles

Insurance

New reinsurance broker led by industry vet launches amid hard market

The new ‘organic’ brokerage is set up by ex-Gallagher/Aon/WTW in Bermuda.   8 March 2023

Insurance

CLS Risk hires ex-JLT as strategic development director

The executive has also worked at Willis Towers Watson, Chubb and was COO of Ensurance.   6 July 2020

Alternative Risk Transfer

Record-breaking Q1 for ILS issuance: Willis

The first quarter of 2016 saw a record breaking issuance volume of $2 billion of non-life insurance-linked securities (ILS) issuance.   21 April 2016

Insurance

Fairfax rejigs hold on Greek-Cypriot units jointly-held with Eurobank

The deal puts more P&C operations closer to Fairfax, shuffles L&H to local partner.   14 October 2025

Insurance

IFRS 17 dubbed 'biggest shake up of insurance reporting' and 'major challenge' for the sector

The introduction of IFRS 17, the new international accounting standard for insurance contracts, is the biggest shake up of insurance reporting for decades as it will impact profit, equity and volatility, as well as reserving and financial reporting processes, according to industry experts.   18 May 2017

Insurance

Merger keeps Willis busy as Aon prepares for acquisitions

A year on from the merger between Willis and Towers Watson and the broker is still working on its reorganisation whilst Aon is looking for M&A opportunities to deploy its growing cash holdings, executives suggested at separate brokers’ conference calls about their 2016 results.   14 February 2017

Insurance

Davies hires first COO to drive international expansion

Davies seeks to increase its investment in technology and transformation.   17 May 2023

Insurance

Lloyd's broker Oneglobal continues international expansion in Singapore

Its new business will be led by Asian broking leaders David Lum and ex-Willis Towers Watson Sirikit Oh.   10 November 2020

Insurance

Flawed Solvency II risk margins must be reviewed

Significant flaws exist in in the formula used to calculate the risk margin under Solvency II and a fundamental review of its methodology and calibration is required, Willis Towers Watson has claimed in a response to a European Insurance and Occupational Pensions Authority (EIOPA) Discussion Paper on the upcoming review of Solvency II.   16 March 2017

Insurance

US tax reform to lift P&C insurance earnings 14%: Morgan Stanley

The proposed House bill calls for 20 percent corporate tax rate, which could lift earnings of US property/casualty (P&C companies) by around 14 percent on average, according to Morgan Stanley analysts.   6 November 2017

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