News

Insurance

AM Best warns over cyber challenge for insurers

Cyber risk assessment and mitigation should be a top priority for insurers in their enterprise risk management (ERM) efforts, according to AM Best.   13 April 2018

Insurance

Willis faces securities class action suit over Towers merger

Law firm Bernstein Litowitz Berger & Grossmann has filed a securities class action lawsuit on behalf of its client Cambridge Retirement System against Willis Towers Watson, according to a Nov. 22 press release.   23 November 2017

Insurance

Legal & General poaches former AXA head of regional broker

Life and general insurance provider Legal & General (L&G) has appointed Carol Hughes to the role of head of regional broker within its general insurance division.   9 May 2017

Insurance

Willis boosts insurance strategy team in Asia Pacific with new hire

Broker Willis Towers Watson has appointed Matt Houghton as senior consultant of strategy in its insurance consulting and software business in Asia Pacific.   9 May 2017

Insurance

Deteriorating underwriting performance leads to negative outlook on Lloyd’s

Fitch Ratings has revised its outlook on Lloyd's of London's and Lloyd's Insurance Company (China) to negative from stable because of concerns over the deterioration in underwriting performance, coupled with increasing exposure to catastrophe risk in against the backdrop of a soft market.   29 June 2017

Insurance

US commercial lines flat overall but D&O and workers’ comp fall

Commercial insurance prices in the US were nearly flat during the fourth quarter of 2016, according to Willis Towers Watson's latest Commercial Lines Insurance Pricing Survey (CLIPS).   14 March 2017

Insurance

Aetna to pay $1bn to Humana as merger plan is shelved

Health insurers Aetna and Humana said that they have ended their merger agreement after a US federal court ruled against the deal, saying it would stifle competition in the Medicare Advantage programme.   14 February 2017

Insurance

Willis launches DACH fac reinsurance hub with Mapfre hires

Willis Towers Watson has launched a new hub to focus on facultative reinsurance business across the DACH region of Germany, Austria, and Switzerland.   4 October 2017

Insurance

Top 25 insurtechs in 2022

Insurtechs are at the forefront of the movers and shakers and mould breakers of the re/insurance world. Intelligent Insurer selects its top 25 to watch   1 December 2022

Insurance

Cyber risk management not keeping up with threat

Despite seeing cybersecurity as a top risk management priority, a survey finds out that only few senior executives believe in their organization’s ability to mitigate and respond to a cyber event.   16 February 2018

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