No respite for reinsurers at January 1, 2015 renewals

Relentless rate reductions, low investment returns and the continued influx of alternative capital have offered no respite for reinsurers at the January 1, 2015 renewal season with a reshaping of the global reinsurance industry now starting in earnest, according to the latest Willis Re 1st View renewals report.

New Japan Tsunami Model Unveiled

Willis Re has released a new Japan Tsunami Model to advance the industry's understanding of catastrophic tsunami losses. Developed in-house alongside the Willis Research Network, it is the first tsunami model with probabilistic and deterministic modelling functions to be created by a broker.

Willis Re Appoints Tsuyoshi Noguchi, Managing Director, Willis Re Japan

Tsuyoshi Noguchi has been appointed Managing Director for Willis Re Japan KK, effective December 1, 2014. Based in Willis Re’s Tokyo office, Noguchi san will work with the existing Willis Re Japan senior management team to drive Willis Re’s service offering for the Japanese market.