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Willis Towers Watson


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U.S. commercial insurance prices rose less than 1% in first quarter: Willis Towers Watson

June 13, 2016 by Canadian Underwriter

Commercial insurance prices in the United States increased modestly in aggregate – less than 1% – during the first quarter of 2016, continuing a three-year trend of smaller increases, according to the latest Commercial Lines Insurance Pricing Survey (CLIPS) by

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Corporate investigations on the rise, study suggests

May 24, 2016 by Canadian Underwriter

Corporate investigations are on the rise, with over a quarter (27%) of businesses saying they have experienced a claim or investigation involving a director of their company in the past year, up from one in five in 2014. That was

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Global media and telecom executives rank data protection fines and penalties as top risk to their industries: Willis Towers Watson

May 24, 2016 by Canadian Underwriter

Global media and telecommunication executives both ranked regulatory fines and penalties arising from data protection breaches as the primary risk facing their respective industries, according to new research released on Tuesday by global advisory, broking and solutions company Willis Towers

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Commercial prices in aggregate for Canadian insurers up 3.8% in general products and liability lines during Q4 2015 vs. Q4 2014: pricing survey

April 25, 2016 by Canadian Underwriter

Commercial insurance prices in aggregate for Canadian insurers increased 3.8% in the general products and liability line during the fourth quarter of 2015 compared to those charged for the same coverage during Q4 2014, according to the latest Willis Towers

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Lack of “people focus” hampers financial success of M&A: Willis Towers Watson

April 19, 2016 by Canadian Underwriter

More than four in 10 (42% of) polled insurance companies “recognize the critical importance of cultural integration and of hiring and retaining employees to the overall success of a deal,” according to a survey of senior insurance executives conducted by

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Cyber insurance rates could rise 30% in 2016 for large health care, point-of-sale retailers: Willis Towers Watson

April 7, 2016 by Canadian Underwriter

The withdrawal by American International Group Inc. from some monoline site pollution markets “will result in increased competition” as other carriers look to pick up the displaced business, losses arising from the explosion last August in the Chinese port of

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Bleak outlook for energy insurers could lead to withdrawals from the market: Willis Towers Watson

April 5, 2016 by Canadian Underwriter

An oversupply of capital and falling demand from buyers, caused by cost-cutting in the wake of the oil price crash, is heaping pressure on insurers to the extent that they may eventually consider exiting the energy insurance market, or at

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Reinsurance demand uptick despite price softening, reinsurers may not grant more concessions: Willis Re

April 4, 2016 by Canadian Underwriter

Encouraging signs for reinsurers are coming to light despite reinsurance rates falling for the fourth consecutive year at the Apr. 1, renewals, suggests Willis Re suggests in its latest 1st View Reinsurance Renewals report. “Amidst a gloomy picture of sustained

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Moves and Views

April 1, 2016 by Canadian Underwriter

1 Ryan Michel [1] took on duties as president and chief executive officer of Allstate Insurance Company of Canada and its subsidiary companies January 11. Michel succeeds John O’Donnell, now senior vice president with Allstate Insurance Corporation in the United