COVID-19 caused a domino-effect to cascade through global production and logistics networks.
Tag: WTW
WTW Launches Pooled Employer Plan in the U.S.
WTW announced the launch of its LifeSight PEP, a pooled employer plan (PEP) that simplifies 401(k) plan sponsorship for employers and improving outcomes for their employees.
WTW Deepens Investment in North American Corporate Risk & Broking Surety Business
WTW continues to deepen its North American Corporate Risk & Broking (CRB) commitment with expertise and technical knowledge as part of the company’s strategy.
WTW Announces New Leadership Appointments in Combined Global Outsourcing Business
WTW today announced two new leadership appointments that combine the company’s regional outsourcing teams into one business globally.
WTW Reports Organic Revenue Growth of 5% in 4Q
WTW, a global brokerage firm, reported 5% organic revenue growth for the fourth quarter of 2022 to $2.72 billion, but net income fell 75% year on year to $593 million.
WTW Outlines New Challenges for Renewables-Sector Risk Managers
Renewables will remain the darling of the global energy transition, yet risk managers will face multiple challenges arising from a ‘new trilemma’.
WTW Launches New Strategy for Industry Specialization
WTW’s Corporate Risk and Broking (CRB) business has launched a new strategy aligning its entire value-chain of internal resources through industry specialization.
Smaller Deals and Slower Pace for Global M&A Outlook 2023
M&A deal volume has slowed significantly compared with the record pace set last year.
Commercial Insurance Prices Continue to Stabilize in 3Q
The aggregated commercial price change reported by carriers was 5%, a slight decrease from 6% in the previous quarter.
WTW: Hard Market Begins to Ease
The second half of 2022 has ushered in a new environment that provides a brighter picture, one with improved pricing conditions, coverage, and capacity for many commercial lines of business.