WTW
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The broker projects rates rising otherwise in most commercial lines and ongoing M&A shakeups in the coming year.
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The Insider 50 reached 1,103.1 index points last week as all sub-groups in the index post gains.
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Xavier Villers will leave the business along with Julian Taylor, Brian Rivett and Andrew Miller.
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Transaction numbers fall 21 percent even as the overall value of deals rises to $42bn.
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We are in the middle of one of our industry’s periodically frenetic bouts of deal activity.
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She worked at Liberty Mutual, BP and Siemens before joining AGCS.
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The broker anticipates increased demand for legacy liability transfers.
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The executive replaces Neil Irwin as head of Central and Eastern Europe, Middle East and Africa and corporate risk and broking chief for the region.
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The expanded agreement makes Willis Towers Watson one of Plug and Play’s “largest and most engaged partners in InsurTech.”
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The Insider 50 contracted by 1.3 percent last week, reaching 1,150.0 index points as the quarter drew to a close.
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Oxford Analytica research conducted on behalf of the broker finds close to half the companies surveyed had sustained a loss of more than $100mn.
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Concern about losses hitting ‘other liability’ policies rises year-on-year.