Towers Watson News
Insurer M&A Activity on the Rise: Towers Watson
An overwhelming majority (86 percent) of North American insurance executives expect to see an increase in the volume of insurance mergers and acquisitions over the next one to three years, and 78 ...
Use of Predictive Modeling Increasing: Towers Watson
The use of predictive modeling continues to increase in nearly every business line, according to Towers Watson's fifth annual Predictive Modeling Benchmarking Survey. The survey examined how North ...
Alternative Capital Softening P/C Re Market: Towers Watson CFO Survey
A new survey from Towers Watson confirms that more than half (55 percent) of property/casualty insurance chief financial officers believe the property reinsurance market is softer than the primary ...
Commercial Rate Gains Slowing; 4Q Aggregate Jump 5%: Towers Watson
Commercial insurance prices have risen for 12 straight quarters, including the latest jump of 5 percent in aggregate during fourth-quarter 2013. But price gains are slowing down, according to Towers ...
Bonuses Up at Insurance Companies: Towers Watson
With property/casualty insurance and life and annuity companies having a great year in 2013, bonus funds were up above targeted amounts for 80 percent of them, Towers Watson reported yesterday. In an ...
Towers Watson Releases UBI Auto Insurance Model
Towers Watson has launched DriveAbility 2.0 Score, an analytical scoring model designed for the automobile insurance industry. DriveAbility 2.0 Score includes a GPS version with location-specific ...
Avoiding the Pitfalls and Pratfalls of a UBI Product Launch
Any usage-based auto insurance (UBI) product launch is vulnerable to common reversals that can slow or even derail the project. Some simply cause delays, but others have cost the clients significant ...
Rate Gains Tapering in Commercial Lines: Towers Watson
Even though commercial insurance prices increased for the 11th straight quarter—rising by 5 percent in aggregate during third-quarter 2013—price gains are slowing down, according to Towers ...