Welcome to our dedicated page for Willis Towers news (Ticker: WTW), a resource for investors and traders seeking the latest updates and insights on Willis Towers stock.
Willis Towers Watson (WTW) is a global leader in risk management, advisory services, and insurance brokerage, helping organizations transform complex challenges into growth opportunities. This page serves as your definitive source for WTW-related news, offering investors and professionals timely updates on strategic developments.
Access curated press releases and articles covering corporate milestones, including mergers & acquisitions, leadership changes, product innovations, and industry recognitions. Our collection provides insights into WTW's work in employee benefits optimization, capital efficiency strategies, and technology-driven risk solutions.
All content is rigorously maintained to ensure accuracy and comprehensiveness. Users can track WTW's global initiatives across its Health, Wealth & Career and Risk & Broking segments, with updates reflecting its commitment to data-driven advisory services. Bookmark this page to stay informed about regulatory filings, partnership announcements, and market positioning updates.
WTW, a prominent advisory and solutions firm, announced its decision to withdraw from all business operations in Russia due to the ongoing crisis in Ukraine. CEO Carl Hess expressed deep concern for colleagues affected by the conflict, emphasizing the thoughtful nature of this decision. WTW plans to transfer ownership of its Russian operations to local management, allowing them to function independently in the market. This strategic move reflects WTW's commitment to ethical business practices and support for its workforce in challenging circumstances.
WTW reported that U.S. commercial insurance prices increased by over 7% in Q4 2021, retaining similar trends from the previous quarter. According to the Commercial Lines Insurance Pricing Survey (CLIPS), professional liability and cyber insurance saw significant rate increases. However, workers compensation rates decreased slightly. The survey included data from 42 insurers, covering about 20% of the U.S. market.
On February 25, 2022, WW International, Inc. (NASDAQ: WW) announced the employment inducement equity award for its new CEO, Sima Sistani, starting March 21, 2022. The award includes 1 million nonqualified stock options, split between two exercise prices: $30.00 and $50.00, vesting annually over four years. This inducement aligns with Nasdaq Listing Rule 5635(c)(4) and aims to support Sistani's decision to join the company.
WW International, Inc. (NASDAQ: WTW) has announced the appointment of Sima Sistani as Chief Executive Officer, effective March 21. Sistani, a co-founder of Houseparty and former senior leader at Epic Games, takes over from Mindy Grossman, who will leave the company on March 18. Sistani has over 20 years of experience in media and technology, including notable roles at Yahoo! and Epic Games. The board believes her experience in digital communities and innovation will guide WW in enhancing health and wellness among its global members.
WTW (NASDAQ: WTW) has declared a quarterly cash dividend of $0.82 per common share for the quarter ending December 31, 2021. This dividend is scheduled for payment on or about April 15, 2022, to shareholders of record by the close of business on March 31, 2022.
WTW specializes in providing data-driven solutions in people, risk, and capital across 140 countries, aiming to enhance strategy and organizational resilience for clients.
WTW (NASDAQ: WTW) was recognized as the top company in Advisen’s annual innovation Pacesetter Index, having launched 16 new products and services in 2021. CEO Carl Hess highlighted this award as evidence of the company's commitment to innovation, despite challenging circumstances. The Pacesetter Index has tracked product innovation in the P&C insurance industry since 2008, underlining the importance of innovative solutions in addressing complex challenges. WTW offers data-driven solutions across people, risk, and capital sectors globally.
Global pension fund assets in the 22 largest markets reached a record $56.6 trillion at the end of 2021, up 6.9% from the prior year. The U.S. accounts for 62% of this total, amounting to $35 trillion. Defined contribution pensions now represent 54% of assets, indicating a shift in pension model preferences. The ratio of pension assets to GDP has risen significantly, especially in the Netherlands (213%) and Australia (172%). Challenges include the need for sustainable investments amid high valuations and economic uncertainties.
WTW (NASDAQ: WTW) announced its participation in the BofA Securities 2022 Insurance Conference, scheduled for February 15-16, 2022. CEO Carl Hess will present on February 15 at 9:30 a.m. Eastern Time. The conference will be held virtually, and a live webcast of the presentation can be accessed via the Investor Relations section of the company's website. A replay will also be available shortly after.
WTW provides advisory, broking, and solutions services globally, helping clients mitigate risks and foster growth.