News
Alternative Risk Transfer
Bermuda-based AXA XL's reinsurance operation has completed the acquisition of all third party ownership interests in New Ocean Capital Management, its majority-owned asset management affiliate. 20 November 2018
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
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
The broker has hired three executives from RFIB and Prospect Insurance Brokers. 12 May 2020
Insurance
The appointments include hires from Arch, ILS Investment Management, Siemens and RBC Wealth Management. 2 June 2021
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
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
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
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