WTW
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The nature of the hire demonstrates the level of competition for top talent in the sector.
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The new recruit has spent 20 years in investment roles.
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Nine (re)insurance firms in London took part in the programme for career-break women, organised by diversity and inclusion firm Inclusivity and supported by the Insurance Families Network.
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Hundreds from the insurance business were among those killed on 9/11, making it one of the hardest-hit industries.
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Stock analysts raise price targets on Willis shares after execs outline financial goals following the collapse of the Aon-Willis merger.
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After Willis Towers Watson’s attrition rate rose 22% amid the Aon merger uncertainty, executives are seeking to dial back a talent drain.
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The broker expects to increase its revenues to $10bn by 2024.
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The acquisition is still subject to regulatory approval but expected to be completed in the fourth quarter.
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Reinsurers retained more net income this year, driven by a desire to grow into the hardening market.
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The CEO said large US retailers and wholesalers may look to enter reinsurance.
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It is not yet clear if the fund – known for its activist campaigns – will look to take on management in this case.
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The Willis solution is designed to help companies access insurance as they transition to a low-carbon business model.