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.
Willis appoints Anthony Wong as head of casualty in Asia
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.
Willis report shows power insurers cut premiums as capacity returns
Appetite is strong for infrastructure projects in Indonesia, Vietnam and the Philippines.
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