Reinsurance News

WTW

WTW is a leading broker, consultancy and advisory for the insurance and reinsurance sector. One of the largest insurance brokers in the world and with a new reinsurance broking venture underway, WTW is a key player in the market.

Willis launches global digital auto-follow facility Gemini

19th August 2025

Willis, a WTW business, has announced the launch of Gemini, a global digital auto-follow facility designed to provide sustainable capacity locally to clients across their insurance portfolios. The "innovative" solution is set to address the growing complexity of risk and market volatility, giving clients more confidence in outcomes, even in challenging ... Read the full article

Willis appoints Azad Kumar as Growth Leader of Energy, Construction & Marine in India

15th August 2025

Willis, a WTW business, has announced the appointment of Azad Kumar as Growth Leader for Energy, Construction, and Marine in India. Based in Mumbai, Kumar will play a key role in shaping Willis’ specialisation strategy and supporting clients in the Energy, Construction, and Marine sectors. Kumar brings over 26 years of industry ... Read the full article

Nicholas Carbo to lead WTW ICT business as Senior Director

11th August 2025

WTW, an insurance and reinsurance broking group, has announced the appointment of Nicholas Carbo as Senior Director to its Insurance Consulting & Technology (ICT) business, a Florida-based role. In his new position, Carbo will be responsible for supporting clients with annuity product development and pricing, modelling, assumption development, reinsurance and mergers ... Read the full article

WTW appoints Allan Stierle as Head of M&A Latin America at FINEX Global

8th August 2025

Insurance and reinsurance broking group WTW has announced the appointment of Allan Stierle as Head of M&A Latin America at FINEX Global. In this role, Stierle will lead and develop the M&A practice in Latin America while supporting the company’s efforts to grow FINEX in the region. He will work closely with ... Read the full article

WTW and Klarity partner to enhance life insurance pricing with wearable tech data

6th August 2025

WTW, an advisory and broking firm, is working with UK-based health data analytics company Klarity to test whether wearable technology can improve how life insurers assess and price individual risk. Current life insurance underwriting methods typically rely on factors like cholesterol levels, blood pressure, BMI, smoking status, and family medical history. While ... Read the full article

WTW posts 5% organic revenue growth as net income rises 134% in Q2’25

31st July 2025

Global insurance broking group WTW has reported flat revenue of $2.3 billion for the second quarter of 2025 with solid organic revenue growth in both Health, Wealth & Career and Risk & Broking, and a 134% year-on-year rise in net income to $332 million. Group-wide, organic revenue growth was 5% in Q2 ... Read the full article

Marsh McLennan maintains top global broker spot by revenue for 15th year

29th July 2025

Marsh McLennan remains the top global insurance and reinsurance broker by total revenue for the 15th consecutive year, increasing its revenue by $1.72 billion to $24.46 billion in 2024, while several other brokers maintained their positions in the top 20 and new firms joined the list. These insights ... Read the full article

Insured cat losses expected to top $100bn again in 2025: Willis

29th July 2025

With six years having passed since the insurance industry last experienced a "quiet year" for natural catastrophes, a recent biannual report from Willis suggests that the trend of annual insured losses exceeding $100 billion is set to continue in 2025. "Worldwide, insured losses from natural catastrophes now consistently exceed $100 billion ... Read the full article

Porfilio joins WTW’s ICT as Head of Personal and Commercial Lines Business Development

22nd July 2025

Insurance and reinsurance broking group WTW has announced the appointment of Dale Porfilio as Senior Director and Head of Personal and Commercial Lines Business Development to its Insurance Consulting & Technology (ICT) business. Porfilio, based in Chicago, will be responsible for enhancing growth, market share, and profitability across both personal and ... Read the full article

Palmer & Grainger to lead Willis’ newly launched Residential Real Estate team

21st July 2025

Willis, a WTW business, is expanding the capabilities of its Real Estate division with the launch of a dedicated Residential Real Estate Team. Led by Naomi Palmer, Divisional Director, Real Estate Practice and Shaun Grainger, Residential Development Director, Real Estate Practice, the newly formed team will cover residential niches including Build-to-Rent ... Read the full article

Only 3 in 10 aviation executives confident their strategies can manage future risks, finds WTW

21st July 2025

According to a recent report from Willis Towers Watson (WTW), just three out of ten aviation executives believe their current strategies will be sufficient to handle the emerging risks facing the industry over the next decade. The study, which surveyed 130 senior aviation leaders, found that only half feel confident that ... Read the full article

Willis and UEA partner to enhance wildfire risk understanding for insurers

17th July 2025

Willis, a WTW business, has announced a new collaboration with the University of East Anglia (UEA) to deepen understanding of global wildfire risk in response to escalating global threats. This partnership aims to provide reliable scientific insights that enable insurers and reinsurers to stay abreast of a rapidly evolving risk landscape, ... Read the full article

WTW appoints Adrian Cousins as Head of London Market Claims

14th July 2025

Willis, a WTW business, has announced the appointment of Adrian Cousins as Head of London Market Claims. In his new role, Cousins will report to Neil Harrison, Global Head of Claims. He will oversee and implement key elements of Willis’ global claims strategy, including strategic engagement with London market insurers, reinsurers, ... Read the full article

WTW grows Bermuda team with Thibault addition as Director, ICT

11th July 2025

WTW, a global advisory, broking and solutions company, is expanding its Bermuda office with the appointment of Cédric Thibault as Director to its Insurance Consulting and Technology (ICT) business. Thibault joins WTW with two decades of experience in both life and annuities, insurance and reinsurance, including strong expertise in the Bermuda ... Read the full article

Finkelstein appointed Senior Director of WTW’s ICT business

10th July 2025

Global advisory, broking and solutions company WTW, has announced the appointment of Gary Finkelstein as Senior Director to its Insurance Consulting and Technology (ICT) business, a London-based role. In his new role, Finkelstein will leverage his 30 years of experience in UK and international life insurance and reinsurance, to help WTW ... Read the full article