Life/Health/Critical illness

WTW Survey Says Insurers Want to Expand Automated Systems

Global life and property and casualty (P&C) insurers want to improve the efficiency and auditability of their processes and close the gap between their current use of automation and where they aspire to be in […]

News

Aon/Willis Towers Watson Merger Gets Green Light

Big news; Aon plc (NYSE: AON) and Willis Towers Watson (NASDAQ: WLTW) confirmed today that the European Commission announced conditional approval for the proposed combination of Aon and Willis Towers Watson. The firms shared the following statement in response: […]

Global insurance trends

Willis Towers Watson Report Looks at Wildfire Risks

The Nature Conservancy and Willis Towers Watson has published analysis that shows how ecological forest management, which reduces the risk of severe wildfires in fire-adapted forests, can be combined with insurance and significantly reduce insurance […]

Insurance & Reinsurance

We Are Reaching Nirvana on Reinsurance

Reinsurance rate increases continued for most major lines and territories during the 1.6 and 1.7 renewal period however, in many cases reinsurers had to accept firm order terms below their initial quotes. That indicates that […]

Global insurance trends

WTW Launches New Climate Resilience Project

Willis Tower Watson (NASDAQ: WLTW), a leading global advisory, broking, and solutions company, today announced a project to support the climate adaptation and financial resilience of coastal communities in Fiji and Papua New Guinea (PNG) vulnerable to […]

InsureTech

WTW Launches Igloo Cloud

Willis Towers Watson has announced the launch of Igloo Cloud. Igloo Cloud extends the capabilities of Igloo, Willis Towers Watson’s capital modelling platform, into Microsoft Azure, removing reliance upon limited, complex and expensive data centres […]