Willis Towers Watson
-
The exec was speaking after the broker was acquired by Cinven and GIC in a multi-hundred million deal. -
The CEOs of Aon Reinsurance Solutions, Willis Re and TigerRisk predict limited rate gains, but up to $10bn of incoming capital.
-
Magnani became vice president, based in London, in September.
-
Beach has hired Willis Re executive Warren Berkstresser as senior vice president of its US reinsurance division.
-
Warren Berkstresser will focus on US property treaty and specialty programs and open and run the broker’s new Seattle office.
-
Both companies secure more than 95% shareholder support for the transaction.
-
The companies claim “overwhelming” investor support at meetings today.
-
The broker also confirms the appointment of James Goodwin as head of power and mining.
-
The deals provide cover in case pensioners live longer than expected.
-
The investment hit to the industry has nearly been erased, while capital raising is approaching the scale set by the class of 2005 start-ups.
-
She has over 20 years of (re)insurance experience and will start her new role at Willis Re in mid-July.
-
The broker's total insured loss estimate spanned $11bn to $140bn, depending on the recovery from Covid-19.
