Willis Re News
Gallagher Deal to Buy Willis Re Faces UK Govt. Probe
The UK's Competition and Markets Authority (CMA) said today that it is investigating the anticipated acquisition of the Treaty Reinsurance business of Willis Towers Watson by Arthur J. Gallagher ...
Global Reinsurers Saw Strong Premium Growth in H1: Willis Re
Global reinsurers performed well in first-half 2021, expanding their capital base and achieving exceptionally strong premium growth, according to Willis Re's latest Reinsurance Market Report. ...
Are InsurTechs Losing the Talent War? It’s Debatable
A group of actuaries recently polled about whether people working for InsurTech startups were more talented than those working at incumbent carriers assessed them as just about the same. The true ...
Insurance Broker Gallagher Seals Deal to Acquire Willis Re
Insurance broker Arthur J Gallagher & Co said on Friday it had agreed to buy the treaty reinsurance brokerage business of Willis Towers Watson for an initial consideration of $3.25 billion. The ...
While Funding Levels Rise, So Do InsurTech Death Rates
While the aggregate InsurTech funding level for the first-half of 2021 soared past the amount raised for InsurTech businesses for the entire year 2020, InsurTechs continued to quietly shut their ...
Global Cyber Reinsurance Rates Skyrocketed 40 Percent for July Renewals: Willis Re
Global cyber reinsurance rates have soared by up to 40% in the July renewal season, reinsurance broker Willis Re said on Thursday, as ransomware attacks increase in number and severity. A ransomware ...
April 1 Reinsurance Renewals Continue Hard Market Trends: Willis Re
International reinsurance renewals completed for April 1 followed trends set earlier in the season, as market pricing remained firm in virtually all classes and territories. Capacity was adequate ...
P/C InsurTech Funding Reaches $4.7B Record In 2020 (Story In Charts)
After a slow start in 2020, InsurTech funding reached a record level of $7.1 billion for the year, with $4.7 billion earmarked for property/casualty startups, according to a quarterly tracker of ...