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Towers Watson
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Bill Watson Been Awarded a Certificate of Merit From The Office of The Prime Minister
Jan 26, 2015The managing director of UK based Coats plc’s subsidiary in Vietnam, Bill Watson has been awarded a Certificate of Merit from the office of the Prime Minister of Vietnam. Bill Watson was recognised for his achievement in developing ...
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Reinsurance Brokerage Business Is Sold by Towers Watson for $250m
Nov 8, 2013Towers Watson, a US-based risk and financial management firm, has completed the sale of its reinsurance brokerage business to Jardine Lloyd Thompson (JLT) in an all-cash deal of $250m. The Towers Watson brokerage operations will be merged ...
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JLT Inked an Agreement to Acquire Towers Watson's Reinsurance Brokerage Business
Sep 20, 2013Jardine Lloyd Thompson Group (JLT) has inked an agreement to acquire Towers Watson's (TW) reinsurance brokerage business, in a cash transaction valued at approximately $250m. The acquisition is part of JLT's strategy to establish global ...
Tags: Service
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China's National Council Stepped Into Top Ten in The Globe Based on Total Assets
Sep 12, 2013China's National Council for Social Security Fund stepped into top ten in the globe based on total assets at the end of 2012, became one of the world's top five Asia pension funds and was predicted to squeeze into the world's top three in ...
Tags: Pension Funds, Service
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Towers Watson Has Placed Its Reinsurance Broking Arm for Sale
Sep 5, 2013New York-based risk and financial management firm Towers Watson has placed its reinsurance broking arm for sale. The company is also planning to rope in one of the Wall Street banks to sell the business. The sale price has not been ...
Tags: Towers Watson, Service
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Global Professional Services Company Has Entered a Web Broker Entity Agreement with CMS
Aug 13, 2013Global professional services company has entered a web broker entity agreement with the Centers for Medicare & Medicaid Services (CMS) in the US, which will allow employers to connect eligible populations to the federally managed exchange. ...
Tags: Towers Watson, CMS
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Towers Watson Launched Predictive Modeling Software, Designed to Assess Terrorism Risk
Apr 26, 2013Global professional services company Towers Watson has launched a new predictive modeling software, Sunstone, designed to assess terrorism risk during RIMS 2013 Annual Conference held in Los Angeles, US. Capable of providing both insurers ...
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Towers Watson Would Provide Exchange-Based Health Insurance Options
Feb 4, 2013Towers Watson has introduced OneExchange to provide exchange-based health insurance options for private and public full- and part-time workers, and for all retirees on a single platform. OneExchange enables employers to manage the ...
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Towers Watson Has Introduced an Upgraded Version of Its Resq Reserving Software
Jan 21, 2013Towers Watson has introduced an upgraded version of its ResQ reserving software for property & casualty (P&C) insurers. Dubbed ResQ 3.7, the newly released software features performance and scalability enhancements specifically for large ...
Tags: Towers Watson, upgraded version, ResQ reserving software, P&C insurers
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Towers Watson Would Acquire The Firm for About$435m in Cash,Less Net Debt
Dec 18, 2012Towers Watson has struck a deal with US based Medicare insurer Extend Health to acquire the firm for about$435m in cash,less net debt and certain transaction costs. The acquirer said that it anticipates the acquisition will be dilutive to ...
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Akzo Nobel Has Signed a Longevity Insurance Deal Worth ?1.75bn with Zurich-Based Swiss Re
Dec 7, 2012Dutch's paint and chemicals group Akzo Nobel has signed a longevity insurance deal worth €1.75bn with Zurich-based Swiss Re, under which the reinsurer's UK subsidiary ReAssure will write the UK pension funds of Akzo. As per the ...
Tags: Akzo Nobel, longevity insurance, ReAssure, Towers Watson
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Towers Watson and Hughes Telematics Have Entered Into a Strategic Alliance
Dec 6, 2012Towers Watson and Hughes Telematics have entered into a strategic alliance to cater personal line US auto insurers with comprehensive data services for usage-based insurance (UBI) programs. As per the partnership agreement, Towers ...
Tags: Towers Watson, Hughes Telematics, auto insurers, usage-based insurance
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Towers Watson Is Planning to Acquire Davinci Consulting
Dec 6, 2012Global professional services company Towers Watson is planning to acquire DaVinci Consulting, a boutique actuarial consulting firm, in an effort to enhance its capabilities in the long-term care insurance market. Financial terms of the ...
Tags: Towers Watson, DaVinci Consulting, care insurance, life insurance
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Towers Watson Has Named Christof Bentele and Chris Holt to Lead Crisis Management Team
Dec 6, 2012Global professional services company Towers Watson has named Christof Bentele and Chris Holt to lead its new Crisis Management team, marking its foray into crisis management market. The new team has been designed to develop expertise in ...
Tags: Towers Watson, Christof Bentele, Chris Holt, Crisis Management team
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Medica Has Appointed John Naylor as Senior Vice President
Dec 4, 2012Medica has appointed John Naylor as senior vice president for commercial markets to enhance the business segment, effective from 19 November 2012. Naylor will take over the new role from Simeon Schindelman, who has been appointed as chief ...
