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. 

Young adult cancer claims surge across 82% of APAC insurers

Young adult cancer claims surge across 82% of APAC insurers

Breast and colorectal cancers are the leading types driving claims across the region.
6 days ago

Insured catastrophe losses top $100b for sixth straight year

Global settlement figures declined by $40b compared to the record highs seen during 2024.

Willis reshuffles Asia specialty leadership with 4 appointments

One of the appointees will focus on a business in Hong Kong and Macau.

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.