WTW

Willis Towers Watson (WTW) Public Limited Company is a British-American multinational insurance advisor company that provides solutions in the areas of people, risk and capital. 

See below for the Latest WTW News, Analysis, Profit Results, Share Price Information, and Commentary. 

Why are insurers ending silent artificial intelligence coverage?

Why are insurers ending silent artificial intelligence coverage?

Over time, risks are expected to integrate into mainstream insurance lines as claims data improves.

Willis appoints Anthony Wong as head of casualty in Asia

He brings around 20 years of insurance and risk management experience.

Singapore insurers face rising claims with medical costs set to climb

57% of insurers expect further increases in medical cost over the next three years.

Willis strengthens Asia cyber team with Keating and Grijalva roles

Keating will be based in Singapore, whilst Grijalva in Hong Kong.

Philippines launches parametric insurance for small fishers

The insurance will provide payouts of up to $100 per policy cycle.

WTW expects busy renewals as aviation rates diverge in Q4

They also forecast single-digit percentage increases in rates.

Australia’s insurance market softens as competition intensifies

The property sector is seeing an influx of local and international capacity.

Marine insurance market to stay soft for up to two years

This is likely due to sustained competition, rising capacity and increased participation.

WTW launches Captive Fit to optimise captive risk management

It is designed to manage reserve, premium, and investment risks. 

WTW urges financial firms to prioritise insurance in M&A deals

WTW said 47% of claims come from the insured’s own shareholders, investors.

Willis reports mining insurance market softens as capacity rises

The influx of capacity has intensified competition amongst insurers.

WTW data shows insurers expect health costs to keep rising

Over half expect elevated levels to persist for more than three years. 

Corporate boards overconfident despite worsening cyber claims

Claims data showed that ransomware attacks averaged a loss of $2.7m.

Willis names Ollie Moore as Pacific head of broking

He has 25 years of experience working in the insurance industry.

Brunei: all foreign citizens must have private health insurance

Proof of valid insurance will have to be provided by foreigners when entering Brunei.

Aerospace insurers tighten discipline after late 2024 airline losses: WTW

Premiums have stayed flat despite rising aircraft values.

Insurance helps de-risk climate projects as $6t investment needed: WTW

Credit and political risk cover are helping banks finance renewable and transition projects.