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Tag: WTW

El Niño Could Have a Significant Impact on Renewable Energy Production: WTW

El Nino impact on Renewable energy

The emerging El Niño could cause wind drought in North America, which would have a significant effect on renewable energy production in the region, says a new report launched today by WTW, a leading global advisory, broking, and solutions company.

Published July 26, 2023
Categorized as Show on Homepage Tagged El Nino, renewable energy production, WTW

Boards See Opportunities in Environmental and Governance Areas for More Effective ESG Oversight

D&O insurance rates not sustainable

A majority of board members worldwide (75%) agree that a coherent environmental, social and governance (ESG) strategy helps to create sustainable organizational value and stronger financial outcomes.

Published July 13, 2023
Categorized as Show on Homepage Tagged board members, boards and ESG, ESG strategy, WTW

M&A Deals Plunge As Tougher Conditions than Expected Spook Markets

USI acquires Texas agency

Global M&A suffered a record decline in the first half of 2023 as interest rate rises and economic uncertainty hit financing, according to research on completed deals from WTW’s Quarterly Deal Performance Monitor (QDPM).

Published July 11, 2023
Categorized as Show on Homepage Tagged economic uncertainty, M&A, mergers and acquistions, WTW

WTW Announces Collaboration with Clyde & Co to Help Clients Manage Climate Liability Risks

climate change and higher insurance rates

WTW will offer Clyde & Co’s climate legal and risk expertise as part of its climate analytics and consulting offering to support clients in managing the impact of physical climate risks and their transition to net-zero.

Published July 10, 2023
Categorized as Show on Homepage Tagged climate analytics, climate expettise, Clyde & Co, WTW

U.S. Commercial Insurance Rates Continue to Increase in the 1Q to Above 5%: WTW

Best rankings on net premiums

The aggregate commercial price change reported by carriers was an increase of 5.6%, up from the rate of 4.8% in the previous quarter (Q4’22).

Published June 13, 2023
Categorized as Show on Homepage Tagged Commercial lines pricing, insurance rate increases, WTW

WTW Introduces New Financial Product to Protect Intangible Assets

WTW Q1 2024 earnings

WTW announced the introduction of a new financial product targeting clients intending to protect and leverage their intangible assets by considering transfer of the associated risks.

Published May 25, 2023
Categorized as Show on Homepage Tagged financial product, Intangible Asset Protection, intangible assets, WTW

Commercial Insurance Rates Steadying in 2023

premium increases down or flat

In WTW’s latest Insurance Marketplace Realities (IMR) report, Spring 2023 update, most coverage lines continue to demonstrate a stabilizing market trend that began in early to mid-2022.

Published May 8, 2023
Categorized as Show on Homepage Tagged commercial insurance rates, commercial lines Q2, insurance markeplace realities, WTW

WTW Launches Next-Generation Trading Solution to Connect Underwriters and Brokers

WTW Q1 2024 earnings

WTW has announced the global launch of Neuron, a sophisticated digital insurance platform.

Published May 2, 2023
Categorized as Show on Homepage Tagged digital insurance platform, Neuron, WTW

WTW Introduces New ESG Initiative Around Climate Risk Assessment

Congressional Committee findings

WTW today announced the introduction of Climate Risk Solutions for Corporate Risk & Broking (CRB) North America to help clients better manage their climate-related risks.

Published April 26, 2023
Categorized as Show on Homepage Tagged climate risks, ESG, EST requirements, WTW

Commercial Insurance Rates Continued to Increase in the 4Q at a Slower Pace of 4.8%

premium increases down or flat

U.S. commercial insurance prices have continued to increase in the fourth quarter of 2022, according to WTW. Data for nearly for all lines of coverage continued to show price increases throughout the fourth quarter, with a general rate of +4.8%.

Published March 14, 2023
Categorized as Show on Homepage Tagged CLIPS, insurance rates, price increases, WTW

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