Hints and tips:
...The five groups — Willis Towers Watson, Lockton, Brown & Brown, Bridge and PIB — have agreed with the government to end the practice of sharing their commissions with these third parties on buildings over...
...“Capacity is still likely to be restricted due to global [catastrophe] losses continuing at record levels,” Adam Garrard, head of corporate risk and broking at Willis Towers Watson, one of the world’s biggest...
...Consultancy Willis Towers Watson said it expected the “turbocharged” market to lead to £60bn worth of transactions this year, up from about £50bn transacted in 2023....
...“Investment grade sterling credit is arguably the most desirable liquid investment for a pension scheme,” said Simeon Willis, chief investment officer at XPS Pensions Group, owing to its “additional return...
...Motorists were quoted an average of £995 for annual policies in the final quarter of 2023, an increase of 58 per cent on the year before, comparison site Confused.com and insurance broker Willis Towers Watson...
...“There’s a lot of interest for this product,” said Ian Cooper, head of UK rates sales at Citibank....
...Elliott has not made public recommendations but has had “constructive engagement” with the firm, Willis said in November....
...Motorists were quoted an average of £776 for motor policies in the second quarter, up a record 40 per cent on the previous year, according to an index from comparison site Confused.com and insurance broker Willis...
...“Further yield rises might test some funds with tighter liquidity buffers,” said Simeon Willis, chief investment officer with XPS, a pension investment adviser....
...Gallagher, which has a market value of $45bn and employs more than 40,000 people worldwide, leapfrogged Willis Towers Watson last year to become the third biggest broker by market capitalisation, after acquiring...
...A separate recent index, from comparison platform Confused.com and broker Willis Towers Watson, showed that quoted motor insurance prices were rising at the fastest rate in a decade....
...The average policy now stands at £657, according to first-quarter figures from comparison website Confused.com, in partnership with insurance broker Willis Towers Watson....
...“Enabling the transition, I think, is a more productive outcome for society than shutting off the lights,” Carl Hess, chief executive of major insurance brokerage Willis Towers Watson, said last year....
...The latest quarterly index, from price comparison website Confused.com and broker Willis Towers Watson, said the cost of car insurance had grown by a fifth in the past 12 months to its highest since 2011...
...of zero rates triggered a search for yield which led to pension fund portfolio allocations to commercial real estate and alternatives rising from 15 per cent in 2007 to 23 per cent by 2022, according to Willis...
...UK motorists were paying £629 on average at the end of December, up 19 per cent in 12 months, according to an index from price comparison website Confused.com and insurance broker Willis Towers Watson....
...Willis Towers Watson and Aon declined to comment. Additional reporting by Josephine Cumbo...
...Angus Duncan, a D&O specialist at insurance broker Willis Towers Watson, said insurers were asking for more information about clients’ climate policies, and even discussing policy “enhancements” — amendment...
...A recent study conducted by Willis Towers Watson found that many organisations are disclosing pay even when it is not required by law....
...“It’s not a mature market, and it’s a vastly changing dynamic of what exactly is being insured, and the contagion risk is tremendous,” explains Carl Hess, chief executive at insurance broker Willis Towers...
...This helped swell their top lines: Marsh reported $17bn in revenue last year, while Aon reported $11bn and Willis recorded $9bn....
...London-based Aon faces up to $400m in costs, on top of the $1bn termination fee it must pay Willis, after the brokers abandoned the all-share deal last month....
...Insurance broker Aon has said it expects to pay up to $400m in additional costs, on top of a $1bn termination fee, for the cancellation of its takeover of rival Willis Towers Watson....
...“Willis, though, looked like they needed to do a deal.”...
...Aon and Willis said that securing approval in Brussels was “a major step that demonstrates continued progress toward obtaining regulatory clearances for the proposed combination”....
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