All WTW articles
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NewsSoft market for power and offshore energy – two broker reports
Absence of major losses means competitive pricing in power insurance, according to WTW, while offshore renewables faces a long-term soft market, NARDAC said.
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NewsWTW appoints Hamilton as director in international property team
Gavin Hamilton joins WTW from rival broker Miller where he led European wholesale and South African property.
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NewsQBE announces Desch as its country manager for Germany
Before joining QBE, Fabian Desch worked as a broker, starting his career with WTW.
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NewsClarke appointed WTW’s risk and broking president
Alongside Lucy Clarke’s appointment, Adam Garrard assumes role of risk and broking chairman at the international insurance broker.
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NewsRenewables showing resilience, optimism – WTW report
A report from the broking firm is upbeat on the renewable energy sector’s prospects to “weather the storm” of the risks and challenges it faces.
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NewsInternational order ‘in decline’ – WTW political risk report
A political risk insurance report from the broker highlights the decline of consensus on the liberal international order, summarising it as at best, ‘lukewarm’.
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News“Grey zone” losses prompt action – WTW geopolitics report
Some 47% of firms have experienced a political risk loss in excess of $50m, broker WTW warned, and 96% said they have invested in political risk management capabilities.
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NewsPrudence and profligacy: two M&A studies urge caution and reveal value destruction of carrier deals
Only 52% of the last decade’s largest acquisitions among insurance carriers created long-term value for their shareholders, according to ACORD research while a WTW study suggests more caution is on the horizon.
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NewsWTW, AXIS boost cyber facility with increased capacity and broader coverage
The broker has announced “strategic enhancements” to its global cyber facility, led by AXIS Capital.
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NewsBMS Re appoints Canavan as US COO
Reinsurance broker appoints chief operating officer with a background working at Willis Re, Guy Carpenter and AIG.
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NewsPolitical risk market “pivots” away from emerging markets – WTW
WTW grew its credit and political risk insurance portfolio by 25% last year, the broker has revealed in its CPRI Capacity Survey and Market Update 2024, but the market is increasingly turning to developed economies and multilaterals.
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News$100bn is the new normal for annual nat cat losses – WTW
2023 revealed the scale of the protection gap, but was still a $100bn+ nat cat year, the broker said.
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NewsWTW’s Creighton promoted to lead GB trade credit, trade finance
Michael Creighton joined the insurance broker in 2019 from his former role as head of export credit finance at Nedbank.
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NewsDebt-distressed countries turning to non-traditional bailout options – WTW
A report from WTW’s political risk index focuses on an escalating debt crisis in emerging markets.
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NewsWTW launches Asia Pacific Climate Risk Centre in Singapore
The insurance broker said it would provide climate risk quantification and management capabilities to support the region’s resilience and transition to net-zero.
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NewsHowden appoints IDF’s Douglas as climate risk and resilience CEO
Rowan Douglas has moved from his previous position of head of climate at WTW to assume a similar role at rival broker Howden.
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NewsConcrete returns from London market digital transformation – WTW
Analysis of 49 Lloyd’s syndicates showed early adopters showed a 6% improvement in their aggregate combined ratio, over those firms only just getting started on digital transformation.
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NewsEconomic and cyber risks lead global D&O priorities – WTW, Clyde & Co
Data losses and ransomware are top legal concerns for company directors, according to WTW and Clyde & Co’s Directors’ and Officers’ Liability Survey Report 2023.
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NewsPolitical risk is now everyone’s risk – WTW
Nine in ten companies suffered a political risk loss in the past year, according to a WTW report.
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NewsEnergy profits fragile and polarised despite rates firming – WTW
Willis Towers Watson Energy Market Review concluded pricing is likely to remain firm, but renewables represent risk management uncertainty, offshore construction is unprofitable, and upstream energy’s profitability could be broken by a single mid-sized loss event.
