Willis Towers Watson Public Company

Willis Towers Watson Public Company is an Insurance and Financial services company with headquarters is in London, UK.

Willis Towers Watson Public Company highlights of 2022 :

• Property is one of the lines where the bottom end of the rate prediction is flat — down from 2% to 10% for better risks. Less attractive risks can still expect to see +15%.
• Liability increases are expected to dip modestly, from a range of 5% to 12.5% to a range of 4% to 10%.
• Similarly, predictions of umbrella increases dipped (from a range of 10% to 30%) to <20% for high hazard risks and from <20% to <15% for low/moderate hazard risks.
• D&O is forecast to see some rate decreases in some best-case situations for the first time in several issues of this publication.
• Three lines that have been forecasting rate increases but now include the possibility of flat renewals are fidelity/crime, energy and D&O for financial institutions.
• Two lines moving in the opposite direction are terrorism and trade credit – perhaps not a surprise given the crisis in Ukraine. In these lines, predictions of small decreases for some have given way to predictions for flat renewals at best for trade credit, and increases in double digits for many buyers of terrorism and political violence cover.
• Similarly, two lines are calling for higher increases than in the fall edition: personal lines and life sciences.