Lloyd's will delay completion of the first phase of its Blueprint Two market modernisation programme from...
WTW Extends Technology Suite to Include IRS 17 Reporting Solution
WTW announced the release of its new IFRS 17 based reporting solution, Financial Results Analyzer (FRA)...
WTW announced the release of its new IFRS 17 based reporting solution, Financial Results Analyzer (FRA)...
PR / 11 months ago
Global directors increasingly concerned by cyber extortion and ransomware, according to WTW and Clyde & Co
Cyber-attacks and data loss are the top risks facing Directors & Officers, with cyber extortion and the growth of ransomware attacks a leading concern...
Cyber-attacks and data loss are the top risks facing Directors & Officers, with cyber extortion and the growth of ransomware attacks a leading concern...
PR / 2 years ago
Willis Towers Watson launches update of ResQ reserving software
ResQ 5.2 provides P&C insurers with new reserving and IFRS 17 reporting capabilities to deliver improved performance and usability...
ResQ 5.2 provides P&C insurers with new reserving and IFRS 17 reporting capabilities to deliver improved performance and usability...
PR / 3 years ago
Global insurance industry faces IFRS 17 costs estimated at US$15 to US$20 billion
As the January 2023 transition date approaches, over 300 insurers reveal their top challenges in this comprehensive study by Willis Towers Watson...
As the January 2023 transition date approaches, over 300 insurers reveal their top challenges in this comprehensive study by Willis Towers Watson...
PR / 3 years ago
Willis Towers Watson responds to FCA Pricing Review
Timeframe will be a tough ask and is expected to present some insurers with significant challenges for the weeks ahead...
Timeframe will be a tough ask and is expected to present some insurers with significant challenges for the weeks ahead...
PR / 3 years ago
IFRS 17 clears final hurdle although implementation challenges remain
Insurers still face significant challenges to implement their programmes on schedule, reveals Willis Towers Watson survey...
Insurers still face significant challenges to implement their programmes on schedule, reveals Willis Towers Watson survey...
PR / 4 years ago
Minor changes to IFRS 17 as IASB concludes discussion of potential amendments
This week’s meeting prioritised minimal disruption towards implementation of IFRS 17, possibly indicating a resolve to adhere to an effective date of 1 January 2022...
This week’s meeting prioritised minimal disruption towards implementation of IFRS 17, possibly indicating a resolve to adhere to an effective date of 1 January 2022...
PR / 4 years ago
RSA-owned Trygg-Hansa engages Willis Towers Watson to deliver real-time claims fraud detection using machine learning
Initial tests run by RSA-owned Trygg-Hansa saw more than a 100 per cent increase in the insurer’s claims fraud detection rate...
Initial tests run by RSA-owned Trygg-Hansa saw more than a 100 per cent increase in the insurer’s claims fraud detection rate...
PR / 4 years ago
IFRS 17: Proposed changes focus on reinsurance contracts
The International Accounting Standards Board (IASB) met on Wednesday 11 December to begin the process of redeliberating some of the changes proposed in the Exposure Draft (ED)...
The International Accounting Standards Board (IASB) met on Wednesday 11 December to begin the process of redeliberating some of the changes proposed in the Exposure Draft (ED)...
PR / 4 years ago
Willis Towers Watson launches new software that takes the complexity out of IFRS 17
Willis Towers Watson has launched ResQ Financial Reporter, an out-of-the-box software solution designed to help P&C insurers implement IFRS 17...
Willis Towers Watson has launched ResQ Financial Reporter, an out-of-the-box software solution designed to help P&C insurers implement IFRS 17...
PR / 4 years ago